"Mobilizing Money: How the World's Richest Nations Financed Industrial Growth' by Caroline Fohlin | E-Axes
 

Search
Login
Username:
Password:
Not a member yet? Click here.
Forgot your Password?
Archives - Categories
Home
On Inequality
On the Eurozone Debt Crisis
On Monetary Policy and Central Banking
On Global Economic Growth
On the Greek Debt Crisis
On the Banking and Financial Sectors
On Brexit
On China
On India
On Global Inflation
On Currencies
On the US Debt
On the "Economics" of the Arab Spring
Blogs
Working Papers
Books
Books suggested by members



"Mobilizing Money: How the World's Richest Nations Financed Industrial Growth' by Caroline Fohlin

From Cambridge University Press:

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.

Caroline Fohlin is a research professor at Johns Hopkins University.

"Mobilizing Money (Japan-US Center UFJ Bank Monographs on International Financial Markets)" from Amazon.com

"Mobilizing Money (Japan-US Center UFJ Bank Monographs on International Financial Markets)" from Amazon.co.uk

"Mobilizing Money (Japan-US Center UFJ Bank Monographs on International Financial Markets)" from Amazon.fr


© 2011–2017 e-axes. All rights reserved. | Credits | Contact Us | Privacy Statement | Wed 24 Jan, 2018 04:42:40 AM
e-axes is proudly powered by Norder - Creative Solutions