Evolving Financial Markets and International Capital Flows

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.

Author: Lance E. Davis, Robert E. Gallman
Publisher: Cambridge University Press
Published: 05/07/2001
Pages: 996
Binding Type: Hardcover
Weight: 3.28lbs
Size: 9.02h x 5.98w x 2.06d
ISBN: 9780521553520

Review Citation(s):
Choice 05/01/2002 pg. 1631