Excerpt from The Foreign Exchanges and British Credit in Time of War
Amounting to £944 millions sterling from 1910 to. 1915, and we must not forget the large sums lent by the British Government to our Allies.
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Paperback. Condition: New. Print on Demand. This book examines how the global financial center was established in London and the factors that aided in retaining this position. The author explains that London is and has been the epicenter for international finance due to the fact that every country, at one time or another, seeks financial assistance from London. The author then analyzes historically how and why London has achieved this status, looking at how it has weathered different challenges such as World Wars I and II, and explores concepts such as the 'sterling exchange,' its function, and various related topics. The author concludes by suggesting that, despite the headwinds of war, London will continue to be the international financial center due to its steady and trusted record of financial support and engagement with other countries. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. Seller Inventory # 9780266043478_0
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Seller: PBShop.store US, Wood Dale, IL, U.S.A.
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780266043478
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Seller: PBShop.store UK, Fairford, GLOS, United Kingdom
PAP. Condition: New. New Book. Shipped from UK. Established seller since 2000. Seller Inventory # LW-9780266043478
Quantity: 15 available