A history of banking in antebellum America (Financial markets and economic development in an era of nation-building)
Editorial CAMBRIDGE UNIVERSITY PRESS
España peninsular
This history focuses on the credit generating function of American banks. It demonstrates that banks aggressively promoted economic development rather than passively following its course. Using previously unexploited data, Professor Bodenhorn shows ...
Leer más...- Editorial CAMBRIDGE UNIVERSITY PRESS
- ISBN13 9780521669993
- ISBN10 0521669995
- Tipo LIBRO
- Páginas 260
- Año de Edición 2000
- Encuadernación Rústica
Materias
Historia EconómicaA history of banking in antebellum America (Financial markets and economic development in an era of nation-building)
Editorial CAMBRIDGE UNIVERSITY PRESS
This history focuses on the credit generating function of American banks. It demonstrates that banks aggressively promoted economic development rather than passively following its course. Using previously unexploited data, Professor Bodenhorn shows ...
España peninsular
Detalles del libro
This history focuses on the credit generating function of American banks. It demonstrates that banks aggressively promoted economic development rather than passively following its course. Using previously unexploited data, Professor Bodenhorn shows that banks helped to advance the development of industrialization. Additionally, he shows that banks formed long-distance relationships that promoted geographic capital mobility, thereby assuring that short-term capital was directed in socially desirable directions. He then traces those institutional and legal developments that allowed for this capital mobility.