The Origins and Development of Financial Markets and Institutions

The Origins and Development of Financial Markets and Institutions PDF Author: Jeremy Atack
Publisher: Cambridge University Press
ISBN: 1139477048
Category : Business & Economics
Languages : en
Pages : 497

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Book Description
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.

The Origins and Development of Financial Markets and Institutions

The Origins and Development of Financial Markets and Institutions PDF Author: Jeremy Atack
Publisher: Cambridge University Press
ISBN: 1139477048
Category : Business & Economics
Languages : en
Pages : 497

Get Book Here

Book Description
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.

Financial Markets and Institutions

Financial Markets and Institutions PDF Author: Jakob de Haan
Publisher: Cambridge University Press
ISBN: 110702594X
Category : Business & Economics
Languages : en
Pages : 497

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Book Description
Second edition of a successful textbook that provides an insightful analysis of the world financial system.

Handbook of Key Global Financial Markets, Institutions, and Infrastructure

Handbook of Key Global Financial Markets, Institutions, and Infrastructure PDF Author: Gerard Caprio
Publisher: Academic Press
ISBN: 0123978734
Category : Business & Economics
Languages : en
Pages : 635

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Book Description
This title begins its description of how we created a financially-intergrated world by first examining the history of financial globalization, from Roman practices and Ottoman finance to Chinese standards, the beginnings of corporate practices, and the advent of efforts to safeguard financial stability.

Political Institutions and Financial Development

Political Institutions and Financial Development PDF Author: Stephen H. Haber
Publisher: Stanford University Press
ISBN: 9780804756921
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
The essays in this volume employ the insights and techniques of political science, economics and history to provide a fresh answer to this question.

Financial Markets and Institutions

Financial Markets and Institutions PDF Author: Anthony Saunders
Publisher: McGraw-Hill Higher Education
ISBN: 9780071086745
Category : Financial institutions
Languages : en
Pages : 754

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Book Description
Financial Markets and Institutions, 5e offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. Special emphasis is put on new areas of operations in financial markets and institutions such as asset securitization, off-balance-sheet activities, and globalization of financial services.

From Wall Street to Bay Street

From Wall Street to Bay Street PDF Author: Christopher Kobrak
Publisher: University of Toronto Press
ISBN: 1442616253
Category : Business & Economics
Languages : en
Pages : 414

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Book Description
From Wall Street to Bay Street is the first book for a lay audience to tackle the similarities and differences between the financial systems of Canada and the United States. Christopher Kobrak and Joe Martin reveal the different paths each system has taken since the early nineteenth-century.

Financial Market History: Reflections on the Past for Investors Today

Financial Market History: Reflections on the Past for Investors Today PDF Author: David Chambers
Publisher: CFA Institute Research Foundation
ISBN: 1944960163
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
Since the 2008 financial crisis, a resurgence of interest in economic and financial history has occurred among investment professionals. This book discusses some of the lessons drawn from the past that may help practitioners when thinking about their portfolios. The book’s editors, David Chambers and Elroy Dimson, are the academic leaders of the Newton Centre for Endowment Asset Management at the University of Cambridge in the United Kingdom.

A Cultural History of Finance

A Cultural History of Finance PDF Author: Irene Finel-Honigman
Publisher: Routledge
ISBN: 1135238502
Category : Business & Economics
Languages : en
Pages : 423

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Book Description
The world of finance is again undergoing crisis and transformation. This book provides a new perspective on finance through the prism of popular and formal culture and examines fascination and repulsion toward money, the role of governments and individuals in financial crises and how the Crisis of 2008, like others since 1720, repeat the same patterns of enthusiasm, greed, culpability, revulsion, reform and recovery. The book explores the political and socio-economic factors which determine fallibility and resilience in financial cultures, periods of crisis, transition and recovery based on cyclical rather than linear progression. Examining the roots of financial capitalism, in Europe and the United States and its corollary development in Asia, Russia and emerging markets proves that cultural and psychosocial reactions to financial success, endeavor and calamity transcend specific periods or events. The book allows the reader to discover parallel and intersecting reactions, controversies and resolutions in the cultural history of financial markets and institutions.

Financial Institutions and Markets

Financial Institutions and Markets PDF Author: Ben Hunt
Publisher:
ISBN: 9780170188449
Category : Finance
Languages : en
Pages : 444

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Book Description
Thoroughly updated, this new sixth edition of Financial Institutions and Markets focuses on Australiaa s financial system, while retaining the structure of the successful fifth edition. It examines the financial systema s three main functions a settlement, flow-of-funds and risk transfer a and provides a clear and comprehensive integrated account of the activities of Australiaa s financial institutions and markets, including the risks they face and the instruments they use. As well, the major capital and foreign exchange markets and the markets for derivatives (and their use as hedging instruments) are discussed. This new 6th edition covers recent financial innovations, such as high-frequency trading in the share market and APRAa s adoption of Basel II (and Basel III) a an explanation of how the RBA assesses the financial systema s stability. It also includes new a Industry Insightsa and a Practical Applicationsa that illustrate specific topics, such as the role of margin loans and short selling in the demise of ABC Learning. The main update for this new edition has been the development of a Lessons from the GFCa that are designed to complement the booka s explanations of a range of topics, such as the use of leverage, lending for housing, securitisation, the role of the inter-bank market, the pricing of risk in bond markets and the role of speculation in the market for Australian dollar.

The Making of a Market

The Making of a Market PDF Author: Juliette Levy
Publisher: Penn State Press
ISBN: 0271052147
Category : History
Languages : en
Pages : 176

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Book Description
During the nineteenth century, Yucat&án moved effectively from its colonial past into modernity, transforming from a cattle-ranching and subsistence-farming economy to a booming export-oriented agricultural economy. Yucat&án and its economy grew in response to increasing demand from the United States for henequen, the local cordage fiber. This henequen boom has often been seen as another regional and historical example of overdependence on foreign markets and extortionary local elites. In The Making of a Market, Juliette Levy argues instead that local social and economic dynamics are the root of the region&’s development. She shows how credit markets contributed to the boom before banks (and bank crises) existed and how people borrowed before the creation of institutions designed specifically to lend. As the intermediaries in this lending process, notaries became unwitting catalysts of Yucat&án&’s capitalist transformation. By focusing attention on the notaries&’ role in structuring the mortgage market rather than on formal institutions such as banks, this study challenges the easy compartmentalization of local and global relationships and of economic and social relationships.