Finance And Financiers In European History 1880 1960

Author: Youssef Cassis
Editor: Cambridge University Press
ISBN: 9780521893732
Size: 18,33 MB
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A highly distinguished team of contributors addresses the complex and crucial role of finance in European history during the period 1880-1960.

The Oxford Handbook Of Banking And Financial History

Author: Youssef Cassis
Editor: Oxford University Press
ISBN: 0191633216
Size: 11,78 MB
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The financial crisis of 2008 aroused widespread interest in banking and financial history among policy makers, academics, journalists, and even bankers, in addition to the wider public. References in the press to the term 'Great Depression' spiked after the failure of Lehman Brothers in November 2008, with similar surges in references to 'economic history' at various times during the financial turbulence. In an attempt to better understand the magnitude of the shock, there was a demand for historical parallels. How severe was the financial crash? Was it, in fact, the most severe financial crisis since the Great Depression? Were its causes unique or part of a well-known historical pattern? And have financial crises always led to severe depressions? Historical reflection on the recent financial crises and the long-term development of the financial system go hand in hand. This volume provides the material for such a reflection by presenting the state of the art in banking and financial history. Nineteen highly regarded experts present chapters on the economic and financial side of banking and financial activities, primarily though not solely in advanced economies, in a long-term comparative perspective. In addition to paying attention to general issues, not least those related to theoretical and methodological aspects of the discipline, the volume approaches the banking and financial world from four distinct but interrelated angles: financial institutions, financial markets, financial regulation, and financial crises.

Finance And The Making Of The Modern Capitalist World 1750 1931

Author: Clara Eugenia Núñez
Editor: Universidad de Sevilla
ISBN: 9788447204465
Size: 14,73 MB
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Hong Kong As An International Financial Centre

Author: Dr Catherine Schenk
Editor: Routledge
ISBN: 1134626045
Size: 17,64 MB
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Based on previously unpublished archival records, this book studies the origins of Hong Kong's post war rise to global prominence. It explores the expansion of the gold market, stock market, banking system, foreign exchange market, and insurance in the years 1945-1965. This book makes a significant contribution to our understanding of the development of Hong Kong, the impact of financial regulation and, more broadly, the role of financial centres in the international economy in the post war period.

The German Bourgeoisie Routledge Revivals

Author: David Blackbourn
Editor: Routledge
ISBN: 1317696131
Size: 18,92 MB
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First published in 1991, this collection of original studies by British, German and American historians examines the whole range of modern German bourgeoisie groups, including professional, mercantile, industrial and financial bourgeoisie, and the bourgeois family. Drawing on original research, the book focuses on the historical evidence as counterpoint to the well-known literary accounts of the German bourgeoisie. It also discusses bourgeois values as manifested in the cult of local roots and in the widespread practice of duelling. Edited by two of the most respected scholars in the field, this important reissue will be of value to any students of modern German and European history.

Competition Rules For The 21st Century

Author: Ky P. Ewing
Editor: Kluwer Law International
ISBN: 9041120068
Size: 17,78 MB
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The global adoption of free market economies has unleashed the age-old forces of greed seeking private advantage, while governments are adopting conflicting competition rules to protect consumers. Harmonizing the world's competition regimes is a critical challenge. Both private conduct and government intervention can harm consumer welfare. Tracing both legal and economic thinking over the past centuries, this book by a former U.S. Antitrust Division official and Chair of the ABA's Section of Antitrust Law, distils the lessons we can learn and the mistakes we can avoid. Provocatively suggesting priorities that may challenge the global $11 billion 'antitrust industry,' the book proposes ten principles that will assist in designing effective but harmonious competition regimes for the world and invites further discourse as the International Competition Network of some 75 government agencies is beginning convergence efforts at the start of this Twenty-First Century. the Preface from Deputy Assistant Attorney General William Kolasky, the United States Antitrust Division's chief spokesman on international competition issues, calls the book 'excellent' and 'an important contribution' and the principles 'sound,' suggesting that the International Competition Network begin 'implementing principles for sound substantive antitrust enforcement of the kind Ky proposes.'

The British Government And The City Of London In The Twentieth Century

Author: Ranald Michie
Editor: Cambridge University Press
ISBN: 9781139453820
Size: 14,22 MB
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The relationship between the British government and the City of London has become central to debates on modern British economic, political and social life. For some the City's financial and commercial interests have exercised a dominant influence over government economic policy, creating a preoccupation with international markets and the strength of sterling which impaired domestic industrial and social well-being. Others have argued that government seriously constricted financial markets, jeopardising Britain's most successful economic sector. This collection of essays was the first book to address these issues over the entire twentieth century. It brings together leading financial and political historians to assess the government-City relationship from several directions and by examination of key episodes. As such, it will be indispensable not just for the study of modern British politics and finance, but also for assessment of the worldwide problem of tensions between national governments and international financial centres.

For Peace And Money

Author: Jennifer Siegel
Editor: Oxford University Press
ISBN: 0199387834
Size: 19,62 MB
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From the late imperial period until 1922, the British and French made private and government loans to Russia, making it the foremost international debtor country in pre-World War I Europe. To finance the modernization of industry, the construction of public works projects, the building of railroads, and the development of the military-industrial complex, Russia's ministers of finance, municipal leaders, and nascent manufacturing class turned, time and time again, to foreign capital. From the forging of the Franco-Russian alliance onwards, Russia's needs were met, first and foremost, by France and Great Britain, its allies, and diplomatic partners in the developing Triple Entente. Russia's continued access to those ready lenders ensured that the empire of the Tsars would not be tempted away from its alliance and entente partners. This web of financial and political interdependence affected both foreign policy and domestic society in all three countries. The Russian state was so heavily indebted to its western creditors, rendering those western economies almost prisoners to this debt, that the debtor nation in many ways had the upper hand; the Russian government at times was actually able to dictate policy to its French and British counterparts. Those nations' investing classes-which, in France in particular, spanned not only the upper classes but the middle, rentier class, as well-had such a vast proportion of their savings wrapped up in Russian bonds that any default would have been catastrophic for their own economies. That default came not long after the Bolshevik Revolution brought to power a government who felt no responsibility, whatsoever, for the debts accrued by the tsars for the purpose of oppressing Russia's workers and peasants. The ensuing effect on allied morale, the Anglo-French relationship, and, ultimately, on international relations in the twentieth century, was grim and far-reaching. Jennifer Siegel narrates a classic tale of money and power in the modern era-an age of economic interconnectivity and great power interdependency-involving such figures as Lord Revelstoke, chairman of Baring Brothers, the British and French Rothschild cousins, and Sergei Witte, Russia's authoritative finance minister during much of this age of expansion. For Peace and Money highlights the importance of foreign capital in policymaking on the origins and conduct of World War I.

Banking Currency And Finance In Europe Between The Wars

Author: C. H. Feinstein
Editor: Oxford University Press
ISBN:
Size: 11,81 MB
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A scholarly reference work on money and banking in Europe between the wars. It includes country studies as well as sections surveying the international context and comparative studies of exchange rates and monetary policy. - ;The financial history of interwar Europe was dominated by catastrophic episodes of hyper-inflation, dramatic exchange rate crises, massive and destabilizing movements of gold and capital, and extensive banking failures. In their attempt to restore and sustain the gold standard as the basis of the international monetary system, many countries were compelled to resort to deflationary fiscal and monetary policies of exceptional severity. The policies thus adopted in the 1920s were a major cause of the Great Depression of 1929-33; and this in turn exerted a powerful influence on the subsequent political and economic history of the 1930s. This collection of essays is the work of an international network of economic historians from Europe and the United States convened by the European Science Foundation. It brings together, in an accessible style, current knowledge and understanding of the nature and effects of these developments in banking, currency, and finance in the interwar period. The topics are examined at three levels. In Part I a substantial introductory survey of the central issues over the entire period is followed by special studies of the banking crises, the global capital flows, and the interrelationship of economic and political policies, with each of these themes considered in an international perspective. Part II is devoted to illuminating comparative analyses of the financial and exchange policies of pairs of countries; France and Italy, Britain and Germany, Sweden and Finland, and Belgium and France. In Part III the essays move to the level of individual countries and each contributor explores topics such as the form and efficacy of official banking and monetary policies, the role of the central bank, movements in the money supply and prices, the relationship between the banks and the industrial sector, changes in exchange rates and foreign capital investment. The volume covers all the major countries, and also makes available the results of recent research on banking and finance in smaller countries, such as Spain, Austria, Norway, Poland, Portugal, Bulgaria, and Ireland. The questions addressed by this book, and the temes and patterns it reveals, are relevant both to economic and political historians of the years between the two world wars, and to those interested in contemporary banking and financial problems. -

The House Of Rothschild In Spain 1812 1941

Author: Mr Miguel A López-Morell
Editor: Ashgate Publishing, Ltd.
ISBN: 1472404246
Size: 17,49 MB
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Amongst the serried ranks of capitalists who drove European industrialisation in the nineteenth century, the Rothschilds were amongst the most dynamic and the most successful. Establishing businesses in Germany, Britain, France, Austria, and Italy the family soon became leading financiers, bankrolling a host of private and government businesses ventures. In so doing they played a major role in fuelling economic and industrial development across Europe, providing capital for major projects, particularly in the mining and railway sectors. Nowhere was this more apparent than in Spain, where for more than a century the House of Rothschild was one of the primary motors of Spanish economic development. Yet, despite the undoubted importance of the Rothschild's role, questions still remain regarding the actual impact of these financial activities and the effect they had on financial sectors, companies and Spanish markets. It is to such questions that this book turns its attention, utilising a host of archive sources in Britain, France and Spain to fully analyse the investments and financial activities carried out by the Rothschild House in Spain during the nineteenth and early twentieth centuries. In so doing the book tackles a variety of interrelated issues: Firstly, fixing the period when the main capital entries sprung from the initiatives taken by the Rothschild family, how consequential they really were, and the sectors they affected. Secondly, quantifying the importance of these investments and financial activities and the weight they had on financial sectors, companies and Spanish markets, as well as in foreign investment in each period. Thirdly, outlining the steps followed and means used by the Rothschild House in order to achieve the success in each of their businesses. Finally, analysing the consequences of this phenomenon in the actual growth of Spanish contemporary economy, both in a general and in a partial scale. By exploring these crucial questions, not only do we learn much more about the working of one of the leading financial institutions and the development of the Spanish economy, but a greater understanding of the broader impact of international finance and the flow of capital in the nineteenth century is achieved.