International Capital Markets and American Economic Growth, 1820-1914

Zusammenfassung This book examines the economic and political impact of foreign investment in the United States and of American investment abroad. It provides quantitative estimates of the the level and industrial composition of those transfers! and analyses the evolution of the American domestic capital market. Inhaltsverzeichnis 1. The international flow of finance: an overview; Introduction; Net flows of capital; 2. The sources and uses of foreign capital; The sources and the industrial disposition of foreign capital: the quantitative evidence; The sources and the industrial disposition of foreign capital: the qualitative evidence; a) 1803-40; b) 1840-1914: railroads; c) 1840-1914: government securities; d) 1840-1914: land-related investments; e) 1840-1914: commerce and manufacturing; 3. The economic, social, and political response to foreign investment in the United States; The American response; The response of foreign investors; 4. Two securities markets: London and New York; The London and New York Stock Exchanges in the late 19th century; The American domestic capital market and the demand for foreign capital; 5. American investments abroad; Introduction; The early years: 1797-1896; Towards maturity: 1897-1914; 6. Summary and conclusions.

Product details

• Authors: Robert J. Cull, Lance E. Davis, Lance E. Cull Davis, Lance Edwin Davis
• Publisher: Cambridge University Press ELT
• Languages: English
• Product format: Paperback / Softback
• Released: 18.07.2002
• EAN: 9780521526449
• ISBN: 978-0-521-52644-9
• No. of pages: 180
• Subjects: Humanities, art, music > History; Non-fiction book > History > Miscellaneous; Social sciences, law, business > Business > Miscellaneous