£72.00

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£72 today · all-time low £72 (Sep 2026) · usually the usual

Cambridge University Press Mobilizing Money: How the World's Richest Nations Financed Industrial Growth (Japan-US Center UFJ Bank Monographs on International Financial Markets)

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£74.59 £71.73 £72.35 £72.98 £73.60 £74.23 £74.85 12 August 2026 24 August 2026 05 September 2026 17 September 2026 30 September 2026
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Description

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.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
30 December 2011
Listed Since
09 March 2011

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