Evolving financial markets and international capital flows : Britain, the Americas, and Australia, 1865-1914

Bibliographic Information

Evolving financial markets and international capital flows : Britain, the Americas, and Australia, 1865-1914

Lance E. Davis, Robert E. Gallman

(Japan-U.S. Center Sanwa monographs on international financial markets)

Cambridge University Press, 2001

  • : hardback
  • : paperback

Available at  / 30 libraries

Search this Book/Journal

Note

Bibliography: p. 926-963

Includes index

Description and Table of Contents

Description

This study examines the impact of British capital flows on the evolution of capital markets in four countries - Argentina, Australia, Canada, and the United States - over the years 1870 to 1914. In substantive chapters on each country it offers parallel histories of the evolution of their financial infrastructures - commercial banks, non-bank intermediaries, primary security markets, formal secondary security markets, and the institutions that provide the international financial links connecting the frontier country with the British capital market. At one level, the work constitutes a quantitative history of the development of the capital markets of five countries in the late nineteenth century. At a second level, it provides the basis for a useable taxonomy for the study of institutional invention and innovation. At a third, it suggests some lessons from the past about modern policy issues.

Table of Contents

  • 1. Institutional invention and innovation: foreign capital transfers and the evolution of the domestic capital markets in four frontier countries: Argentina, Australia, Canada, and the United States of America, 1865-1914
  • 2. The United Kingdom
  • 3. International capital movements, domestic capital markets, and American economic growth, 1865-1914
  • 4. Domestic savings, international capital flows, and the evolution of domestic capital markets: the Canadian experience
  • 5. Domestic saving, international capital flows, and the evolution of domestic capital markets: the Australian experience
  • 6. Argentine savings, investment, and economic growth before World War I
  • 7. Lessons from the past: international financial flows and the evolution of capital markets, Britain and Argentina, Australia, Canada, and the United States before World War I
  • 8. Skipping ahead: the evolution of the world's finance markets 1914-90: a brief sketch
  • 9. Lessons from the past/bibliography.

by "Nielsen BookData"

Related Books: 1-1 of 1

Details

Page Top