The Origins and Development of Financial Markets and Institutions PDF ePub eBook

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The Origins and Development of Financial Markets and Institutions free pdf Collectively, mankind has never had it so good despite periodic economic crises of which the current sub-prime crisis is merely the latest example. Much of this success is attributable to the increasing efficiency of the world's financial institutions as finance has proved to be one of the most important causal factors in economic performance. In a series of insightful essays, financial and economic historians examine how financial innovations from the seventeenth century to the present have continually challenged established institutional arrangements, forcing change and adaptation by governments, financial intermediaries, and financial markets. Where these have been successful, wealth creation and growth have followed. When they failed, growth slowed and sometimes economic decline has followed. These essays illustrate the difficulties of co-ordinating financial innovations in order to sustain their benefits for the wider economy, a theme that will be of interest to policy makers as well as economic historians.

About Jeremy Atack

Jeremy Atack is Professor of Economics and Professor of History at Vanderbilt University. He is a research associate with the National Bureau of Economic Research (NBER) and serves as co-editor of the Journal of Economic History. He is co-author of A New Economic View of American History (1994). Larry Neal is Emeritus Professor of Economics at the University of Illinois at Urbana-Champaign, where he was founding director of the European Union Center. He is a visiting professor at the London School of Economics and a research associate with the National Bureau of Economic Research (NBER). He is the author of many books, including The Rise of Financial Capitalism (Cambridge, 1990) and The Economics of Europe and the European Union (Cambridge, 2007).

Details Book

Author : Jeremy Atack
Publisher : Cambridge University Press
Data Published : 16 March 2009
ISBN : 0521895170
EAN : 9780521895170
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 496 pages
Age + : 15 years
Language : English
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