The Origins of English Financial Markets

Language: English

Published by Cambridge University Press, GB, 2012

110740620X / 9781107406209

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The late seventeenth century was a crucial period in English financial history. A host of joint-stock companies emerged offering the opportunity for investment in projects ranging from the manufacture of paper to the search for sunken treasure. Driven by the demands of the Nine Years' War, the state also employed innovative tactics to attract money, its most famous scheme being the incorporation of the Bank of England. This book provides a comprehensive study of the choices and actions of the investors who enthusiastically embraced London's new financial market. It highlights the interactions between public and private finance, looks at how information circulated around the market and was used by speculators and investors, and documents the establishment of the institutions - the Bank of England, the national debt and an active secondary market in that debt - on which England's financial system was built.

Seller Inventory # LU-9781107406209

Title
The Origins of English Financial Markets
Author
Anne L. Murphy
Publisher
Cambridge University Press, GB
Publication year
2012
Condition
New
Binding
Paperback
Language
English
ISBN 10
110740620X
ISBN 13
9781107406209
Item weight
400 grams

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