03555nam 22007092 450 991046150580332120151005020622.01-139-19955-21-107-22542-61-280-48442-X1-139-20540-497866135794091-139-20322-31-139-20180-81-139-20620-61-139-20462-91-139-04582-2(CKB)2670000000140316(EBL)824439(OCoLC)776903438(SSID)ssj0000613930(PQKBManifestationID)11400640(PQKBTitleCode)TC0000613930(PQKBWorkID)10587398(PQKB)10511676(UkCbUP)CR9781139045827(MiAaPQ)EBC824439(Au-PeEL)EBL824439(CaPaEBR)ebr10533238(CaONFJC)MIL357940(EXLCZ)99267000000014031620110303d2012|||| uy| 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierMobilizing money how the world's richest nations financed industrial growth /Caroline Fohlin[electronic resource]Cambridge :Cambridge University Press,2012.1 online resource (xiv, 263 pages) digital, PDF file(s)Japan-U.S. Center UFJ Bank monographs on international financial marketsTitle from publisher's bibliographic system (viewed on 05 Oct 2015).1-107-43676-1 0-521-81021-3 Includes bibliographical references and index.Creating corporate finance systems -- Organizing commercial banking -- Governing corporations -- Financing industrial investment -- Classfying financial systems -- What shapes financial structure? -- Does financial structure drive industrial growth? -- What is important for long-term growth?This book examines the origins of modern corporate finance systems during the rapid industrialization period leading up to World War I; leading to three sets of conclusions. First, modern financial systems are rooted in the past, are idiosyncratic to specific countries and are highly path-dependent. Therefore, to understand current financial institutions, we must take stock of the forces at play in the near and distant past. Second, financial institutions and markets do not create economic growth without significant first steps in industrial development and supporting institutions. Third, and most important from the modern policy standpoint, there is no 'one-size-fits-all' solution to financial system design and industrial development. Having specific types of financial institutions is far less important than developing a strong, stable and legally protected financial system with a rich diversity of institutions and vibrant markets that can adapt to changing needs.Japan-U.S. Center UFJ Bank monographs on international financial markets.Banks and bankingHistoryFinancial institutionsHistoryInvestmentsHistoryBanks and bankingHistory.Financial institutionsHistory.InvestmentsHistory.332.1Fohlin Caroline1966-849503UkCbUPUkCbUPBOOK9910461505803321Mobilizing money1897043UNINA