Evolving Financial Markets and International Capital Flows: Britain, the Americas, and Australia, 1865-1914

ISBN-13: 9780521166089 / Angielski / Miękka / 2011 / 996 str.

Lance E. Davis; Robert E. Gallman

Opis

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 1865 to 1914. In substantive chapters on each of the countries it offers parallel histories of the evolution of their financial infrastructures--commercial banks, nonbank 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.