Springer
European Economic Integration as a Challenge to Industry and Government: Contemporary and Historical Perspectives on International Economic Dynamics
Product Code:
9783642800160
ISBN13:
9783642800160
Condition:
New
$118.37
European Economic Integration as a Challenge to Industry and Government: Contemporary and Historical Perspectives on International Economic Dynamics
$118.37
explicit presentation of some of those stylized facts in the form of a brief, chronologically structured narrative. In keeping with the broad scope of this volume we begin by going back at least two hundred years, to the growth of an integrated national capital market in England in the 18th century (see Neal Chapter). This starting point has the advantage of calling attention to a number of important points. First, the form of integration by which a central market (London) for a standardized good (government bonds or consols) came to serve as linkage between two or more hitherto separate (regional) markets, represents a typical and important form of fInancial (and economic) integration. In Kindleberger's terminology it is the "integration via third parties" form (where, say, security prices in A and B converge): 2 A
| Author: Richard Tilly |
| Publisher: Springer |
| Publication Date: Dec 08, 2011 |
| Number of Pages: 558 pages |
| Binding: Paperback or Softback |
| ISBN-10: 3642800165 |
| ISBN-13: 9783642800160 |
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