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OverviewWe have become so used to the ubiquity and speed of our modern, global, highly integrated financial system, that it is easy to forget that it is a relatively recent phenomenon. This book traces this system's evolution from its beginnings in the 18th century, outlining the growth of financial markets and the development of bond trading, and how these paved the way for the modern stock-market. The history of international trade policies and trading blocs is explored, and the book explains how economic powers such as Britain and France used access to financial capital as leverage in wielding political power in less-developed parts of the world. It provides a history of financial crises and reveals how economic shocks reverberate from one country to another today through the global financial network. The rise of private merchant bankers is described, as is the growth of banks, the emergence of institutions such as the International Monetary Fund and the World Bank, the evolution of modern paper money, and the repercussions of criminal and illegal activities. Full Product DetailsAuthor: Larry AllenPublisher: Reaktion Books Imprint: Reaktion Books Dimensions: Width: 14.00cm , Height: 2.80cm , Length: 23.50cm Weight: 0.526kg ISBN: 9781861891099ISBN 10: 1861891091 Pages: 296 Publication Date: 01 October 2001 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: Temporarily unavailable  The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you. Table of ContentsReviews'This is an enjoyable, easy-to-read book and Allen effortlessly weaves a pattern from the multiple strands that have made the global economy - an excellent general economic history and makes fascinating reading.' - The Irish Times Author InformationLarry Allen is Professor of Economics at Lamar University, Beaumont, Texas. He is the author of the ABC-CLIO World History Companion to Capitalism (1998), Encyclopedia of Money, and The Global Economic System since 1945 (Reaktion, 2002). Tab Content 6Author Website:Countries AvailableAll regions |
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