03619nam 2200745Ia 450 991082394080332120200520144314.01-139-19955-21-107-22542-61-280-48442-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)99267000000014031620110408d2012 uy 0engur|||||||||||txtrdacontentcrdamediacrrdacarrierMobilizing money how the world's richest nations financed industrial growth /Caroline Fohlin1st ed.Cambridge ;New York Cambridge University Pressc20121 online resource (xiv, 263 pages) digital, PDF file(s)Japan-US 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.332.1BUS027000bisacshFohlin Caroline1966-1324988MiAaPQMiAaPQMiAaPQBOOK9910823940803321Mobilizing money4046926UNINA