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Автор Carlos, Ann M.
Автор Neal, Larry
Дата выпуска 2011
dc.description In the seventeenth century, Amsterdam and London developed distinctive innovations in finance through both banks and markets that facilitated the growth of trade in each city. In the eighteenth century, a symbiotic relation developed that led to bank-oriented finance in Amsterdam cooperating with market-oriented finance in London. The relationship that emerged allowed each to rise to unprecedented dominance in Europe, while the respective financial innovations in each city provided the means for the continued expansion of European trade, both within Europe and with the rest of the world. The increasing strains of war finance for the competing European powers over the course of the eighteenth century stimulated fresh financial innovations in each city that initially reinforced the symbiosis of the two centers. The external shocks arising from revolutionary movements in America and France, however, interrupted the relationship long enough to leave London as the supreme financial center.
Формат application.pdf
Издатель Cambridge University Press
Копирайт Copyright © European Association for Banking and Financial History e.V. 2011
Тема Bank of Amsterdam
Тема Bank of England
Тема financial innovations
Тема capital markets
Тема banking
Тема monetary regimes
Тема N20
Тема N23
Название Amsterdam and London as financial centers in the eighteenth century<sup>1</sup>
Тип research-article
DOI 10.1017/S0968565010000338
Electronic ISSN 1474-0052
Print ISSN 0968-5650
Журнал Financial History Review
Том 18
Первая страница 21
Последняя страница 46
Аффилиация Carlos Ann M.; University of Colorado at Boulder and University College Dublin
Аффилиация Neal Larry; University of Illinois at Urbana-Champaign and London School of Economics
Выпуск 1

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