Cargando…
Mobilizing money : how the world's richest nations financed industrial growth /
"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-depe...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Cambridge ; New York :
Cambridge University Press,
©2012.
|
| Colección: | Japan-U.S. Center UFJ Bank monographs on international financial markets.
|
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | "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"--Provided by publisher |
|---|---|
| Descripción Física: | 1 online resource (xiv, 263 pages) : illustrations |
| Bibliografía: | Includes bibliographical references and index. |
| ISBN: | 9781139206204 1139206206 9781139204620 1139204629 9781139045827 1139045822 9786613579409 6613579408 1139199552 9781139199551 1107225426 9781107225428 1139205404 9781139205405 1139203223 9781139203227 1139201808 9781139201803 |