The origins and development of financial markets and institutions :: from the seventeenth century to the present /

Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most...

Ausführliche Beschreibung

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Bibliographische Detailangaben
1. Verfasser: Atack, Jeremy
Weitere Verfasser: Neal, Larry, 1941-
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cambridge, UK ; New York : Cambridge University Press, 2009.
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung:Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most important causal factors in economic performance. In a series of insightful essays, financial and economic historians examine how financial innovations from the seventeenth century to the present have continually challenged established institutional arrangements, forcing change and adaptation by governments, financial intermediaries, and financial markets. Where these have been successful, wealth creation and growth have followed. When they failed, growth slowed and sometimes economic decline has followed. These essays illustrate the difficulties of co-ordinating financial innovations in order to sustain their benefits for the wider economy, a theme that will be of interest to policy makers as well as economic historians.
Beschreibung:1 online resource (xxii, 472 pages) : illustrations, maps
Bibliographie:Includes bibliographical references and index.
ISBN:9780511757341
0511757344
9780521895170
0521895170
0511756925
9780511756924
9780511757419
0511757417
9780521154765
0521154766