Great Britain was the preeminent capital exporter between 1865 and 1914 not only in the volume of investment but also in the industrial and geographical diversity of its capital outflows. This study furnishes comprehensive annual data on the magnitude, destination and composition of British capital exports. Individual country data as well as global, regional and Empire aggregates are provided. Supplemental analyses examine the security composition of the capital exports, the changing ranking of recipients, the use of government interest guarantees on loans and the distribution of interest rates on debentures by industry.
Great Britain was the preeminent capital exporter between 1865 and 1914 not only in the volume of investment but also in the industrial and geographical diversity of its capital outflows. This study furnishes comprehensive annual data on the magnitude, destination and composition of British capital exports. Individual country data as well as global, regional and Empire aggregates are provided. Supplemental analyses examine the security composition of the capital exports, the changing ranking of recipients, the use of government interest guarantees on loans and the distribution of interest rates on debentures by industry.
Why did the industrial revolution take place in 18th century Britain and not elsewhere in Europe or Asia? Robert Allen argues that the British industrial revolution was a successful response to the global economy of the 17th and 18th centuries.
The scope of human thought along with its ability to proceed from reconstruction of the most ancient periods to anticipation of the distant future, from small objects to galaxies and the Universe as well as, to embrace different trends and dimensions of reality never ceases to amaze us. You are reading a new issue of the Yearbook which contains some ‘grains’ of the description of the billion years' path. This Yearbook presents the global studies which cover different fields of research. The present volume is the sixth in the series of yearbooks with the title Globalistics and Globalization Studies. The subtitle of the volume is ‘Global Evolution, Historical Globalistics and Globalization Studies’ which reflects the contents. The present issue brings together a variety of contributions devoted to mega- and global evolution (Part I); historical globalistics (Part II); globalization and glocalization (Parts III–IV). Besides, Part IV comprises some issues on the view in the future. We become more and more accustomed to think globally and to see global processes. The yearbook will be interesting to a wide range of researchers, teachers, students and all those who are concerned about global issues.
A Companion to Nineteenth-Century Britain presents 33 essaysby expert scholars on all the major aspects of the political,social, economic and cultural history of Britain during the lateGeorgian and Victorian eras. Truly British, rather than English, in scope. Pays attention to the experiences of women as well as ofmen. Illustrated with maps and charts. Includes guides to further reading.
The unprecedented importance of finance in our societies, as well as its central role in provoking economic crises, has generated an enormous interest in understanding the historical origins and evolution of modern financial systems. Today the U.S. economy is seen as an archetype of a capitalist system in which securities markets play a central role. Moreover, these markets have had a high profile in some of the most dramatic moments in U.S. history, often in the context of crises. Dividends of Development: Securities Markets in the History of U.S. Capitalism, 1865-1922, explains how U.S. securities markets became central to the institutional fabric of U.S. capitalism. After the Civil War, these markets had a narrowly circumscribed relationship to the country's real economy, being largely dominated by railroad securities. Moreover, their role in the U.S. financial system was of limited significance given the relatively modest resources that financial institutions committed to investment in, and lending on, corporate securities. That situation was to undergo fundamental change from the Civil War through the end of World War 1 but the development of U.S. securities markets did not occur as a result of a smooth, or even, linear process. Instead, the book shows that the transformation of U.S. securities markets occurred through a process that was volatile and time-consuming, unscripted by powerful actors, and driven, above all else, by the dramatic but unstable character of the nation's economic development. These claims about the trajectory, the operation, and the underlying dynamics of the development of U.S. securities markets are brought together in a novel synthesis that portrays the historical evolution of securities markets in the United States as the "dividends" of the country's distinctive trajectory of economic development.
Martin Daunton provides a clear and balanced view of the continuities and changes that occurred in the economic history of Britain from the Great Exhibition of 1851 to the Festival of Britain in 1951. In 1851, Britain was the dominant economic power in an increasingly global economy. The First World War marked a turning point, as globalisation went into reverse and Britain shifted to 'insular capitalism'. Rather than emphasizing the decline of the British economy, this book stresses modernity and the growth of new patterns of consumption in areas such as the service sector and the leisure industry.
The essays in this volume discuss worldwide economic integration between 1850 and 1930, challenging the popular description of the period after 1918 as one of mere deglobalisation. The authors argue that markets were not only places of material exchange, but also socially structured entities, shaped by the agency of individual actors and by complex structures of political and economic power. Economic transactions were supported by an array of different institutions, ranging from formalised regulations to informal relations of personal trust. They argue that these networks were strong enough to prosper even during and after World War I, in a political climate often hostile to foreign trade. The Foundations of Worldwide Economic Integration shows that institutionalism altered its shape in the face of circumstances that increasingly challenged international trade. By presenting case studies from various countries, this book offers a fresh perspective on crucial periods of economic globalisation.
Here is practical advice for anyone who wants to build their business by selling overseas. The International Trade Administration covers key topics such as marketing, legal issues, customs, and more. With real-life examples and a full index, A Basic Guide to Exporting provides expert advice and practical solutions to meet all of your exporting needs.
