000 02719nam a2200397 i 4500
001 CR9781139045827
003 UkCbUP
005 20240913165221.0
006 m|||||o||d||||||||
007 cr||||||||||||
008 110303s2012||||enk o ||1 0|eng|d
020 _a9781139045827 (ebook)
020 _z9780521810210 (hardback)
020 _z9781107436763 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
050 0 0 _aHG1551
_b.F64 2012
082 0 0 _a332.1
_222
100 1 _aFohlin, Caroline,
_d1966-
_eauthor.
245 1 0 _aMobilizing money :
_bhow the world's richest nations financed industrial growth /
_cCaroline Fohlin.
264 1 _aCambridge :
_bCambridge University Press,
_c2012.
300 _a1 online resource (xiv, 263 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 1 _aJapan-U.S. Center UFJ Bank monographs on international financial markets
500 _aTitle from publisher's bibliographic system (viewed on 05 Oct 2015).
505 0 _aCreating corporate finance systems -- Organizing commercial banking -- Governing corporations -- Financing industrial investment -- Classfying financial systems -- What shapes financial structure? -- Does financial structure drive industrial growth? -- What is important for long-term growth?
520 _aThis 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.
650 0 _aBanks and banking
_xHistory.
650 0 _aFinancial institutions
_xHistory.
650 0 _aInvestments
_xHistory.
776 0 8 _iPrint version:
_z9780521810210
830 0 _aJapan-U.S. Center UFJ Bank monographs on international financial markets.
856 4 0 _uhttps://doi.org/10.1017/CBO9781139045827
942 _2ddc
_cEB
999 _c9205
_d9205