Edward Elgar Publishing Capitalism in a Mature Economy - Edward Elgar Publishing

Explore the evolution of the London City as the world's primary financial center during the late nineteenth and early twentieth centuries. This volume from the New Business History Series provides a detailed look at Britain's dominant position in the global economy between 1870 and 1939. The text examines how financial structures supported industrial growth and international trade. It tracks the development of English capital markets, providing insight into the operations of the stock exchange alongside clearing and merchant banks. Readers will gain a clear understanding of how these institutions functioned to drive economic activity. This book is an essential resource for understanding the historical relationship between finance and industry. It covers the specific roles played by financiers and company promoters in shaping the economic landscape. By analyzing the financing of British overseas capital investment, the work offers a comprehensive view of how capital exports influenced the global market during this era.