The Foreign Exchanges and British Credit in Time of War - Softcover

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9780266043478: The Foreign Exchanges and British Credit in Time of War

Synopsis

This book examines how the global financial center was established in London and the factors that aided in retaining this position. The author explains that London is and has been the epicenter for international finance due to the fact that every country, at one time or another, seeks financial assistance from London. The author then analyzes historically how and why London has achieved this status, looking at how it has weathered different challenges such as World Wars I and II, and explores concepts such as the 'sterling exchange,' its function, and various related topics. The author concludes by suggesting that, despite the headwinds of war, London will continue to be the international financial center due to its steady and trusted record of financial support and engagement with other countries.

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Other Popular Editions of the Same Title

9780260553836: The Foreign Exchanges and British Credit in Time of War

Featured Edition

ISBN 10:  0260553832 ISBN 13:  9780260553836
Publisher: Forgotten Books, 2024
Hardcover