Description |
1 online resource (144 pages) : illustrations |
Series |
Development Centre studies, 1990-0295 |
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Development Centre studies.
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Contents |
Preliminaries; Acknowledgements by the Authors; Contents; Introduction Reputation and Development; I The Rules of the Game Interest Convergence and Financial Globalisation; II Worshipping Mammon; III Religion and other Dummies; IV Micro Motives and Macro Behaviour; V What's on Man's Mind Theories in Use; VI Empirical Evidence Interest Spreads and the Debt Burden; VII Thresholds of Confidence; VIII Convergence Explained; IX Developmental Consequences; X Policy Lessons and Conclusions; Technical Appendix; Statistical Appendix The Making of Global Finance A Database; Database Tables |
Summary |
This study traces the roots of global financial integration in the first "modern" era of globalisation from 1880 to 1913 and can serve as a valuable tool to current-day policy dilemmas by using historical data to see which policies in the past led to enhanced international financing for development. A major conclusion is that the successful management of international financial integration depends primarily on broad institutional and political factors and financial policies, rather than simply opening or closing individual economies to the international winds. "A careful and vigorously argued monograph ... an important book that future research in this area will have to take into account."--Eh.net book review by Hugh Rockoff of Rutgers University |
Notes |
Also published in French under title: Origines de la mondialisation financière 1880-1913 |
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Title from PDF of title page (OECD iLibrary, viewed June 14, 2010) |
Bibliography |
Includes bibliographical references (pages 135-144) |
Subject |
Globalization -- Economic aspects.
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International finance.
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Monetary policy.
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Form |
Electronic book
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Author |
Zumer, Frédéric.
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Organisation for Economic Co-operation and Development. Development Centre.
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LC no. |
2004422559 |
ISBN |
9264015361 (PDF) |
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9789264015364 (PDF) |
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(print) |
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(print) |
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