Mobilizing Money : How the World's Richest Nations Financed Industrial Growth

Language: English

Published by Cambridge University Press, 2014

1107436761 / 9781107436763

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Softcover

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Druck auf Anfrage Neuware - Printed after ordering - This book examines the origins of modern corporate finance systems during the rapid industrialization period leading up to World War I; leading to three sets of conclusions. First, modern financial systems are rooted in the past, are idiosyncratic to specific countries and are highly path-dependent. Therefore, to understand current financial institutions, we must take stock of the forces at play in the near and distant past. Second, financial institutions and markets do not create economic growth without significant first steps in industrial development and supporting institutions. Third, and most important from the modern policy standpoint, there is no 'one-size-fits-all' solution to financial system design and industrial development. Having specific types of financial institutions is far less important than developing a strong, stable and legally protected financial system with a rich diversity of institutions and vibrant markets that can adapt to changing needs.…

Seller Inventory # 9781107436763

Title
Mobilizing Money : How the World's Richest Nations Financed Industrial Growth
Author
Caroline Fohlin
Publisher
Cambridge University Press
Publication year
2014
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
1107436761
ISBN 13
9781107436763
Item weight
459 grams
Dimensions
229x152x17 mm

AHA-BUCH GmbH

Einbeck, Germany

5-star seller

AbeBooks seller since August 14, 2006

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