LEADER 04135nam 22006855 450 001 9911035157303321 005 20251025130409.0 010 $a9783032077882 024 7 $a10.1007/978-3-032-07788-2 035 $a(CKB)41826872900041 035 $a(MiAaPQ)EBC32379801 035 $a(Au-PeEL)EBL32379801 035 $a(DE-He213)978-3-032-07788-2 035 $a(EXLCZ)9941826872900041 100 $a20251025d2025 u| 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 12$aA History of Stock Exchanges $eThe Role of Institutions in Shaping Market Evolution /$fby Mehmet Baha Karan 205 $a1st ed. 2025. 210 1$aCham :$cSpringer Nature Switzerland :$cImprint: Springer,$d2025. 215 $a1 online resource (522 pages) 225 1 $aContributions to Economics,$x2197-7178 311 08$a9783032077875 327 $aChapter 1. Introduction: The Development of Trade in the Mediterranean Basin and the Middle East (1st-13th Century) -- Chapter 2. Lyon Trade: From Fairs to Money Markets (13th -14th Century) -- Chapter 3. Bruges: The Cradle of Market Capitalism (13th-15th Century) -- Chapter 4. Antwerp: The First Global Trade Capital (16th Century) -- Chapter 5. Amsterdam: The World's First Stock Exchange (17th Century) -- Chapter 6. London: The First Truly Global Stock Exchange (18th -19th Century) -- Chapter 7. Paris Bourse: The Financial Center of Continental Europe (18th-19th Century) -- Chapter 8. The Istanbul Bourse: The First Stock Exchange of the East (19th Century) -- Chapter 9. The New York Stock Exchange: The Birth of Wall Street and the Stock Barons (18th -19th Century) -- Chapter 10. The Roaring Years, the Great Depression, and the New Deal (Early 20th Century) -- Chapter 11. The Post-Bretton Woods Era and Financial Scandals (20th - 21st Century) -- Chapter 12. Conclusion: Inclusive Institutions and the Future of Stock Markets. 330 $aThis book offers a vivid and accessible narrative of the evolution of financial markets from the first millennium to 2025. Through compelling historical accounts and engaging storytelling, it brings to life the complex transformations that have shaped global finance. While Western financial centers such as Antwerp, Amsterdam, London, Paris, and Wall Street are thoroughly explored, the book also highlights the often-overlooked contributions of the East?including Islamic finance, ancient trade routes, and the Istanbul Stock Exchange. Grounded in the institutional framework of Daron Acemo?lu and James Robinson?who argue that inclusive institutions are key to long-term development?and informed by Andrew Lo?s Adaptive Markets Hypothesis, the book examines how financial systems have responded to shifting political, cultural, and economic forces. Far more than a chronological history of stock exchanges, this is a global narrative of how institutions, adaptation, and the power of storytelling have shaped the financial world across centuries. 410 0$aContributions to Economics,$x2197-7178 606 $aFinance 606 $aHistory 606 $aCorporations 606 $aEconomic history 606 $aEvolutionary economics 606 $aInstitutional economics 606 $aFinancial History 606 $aCorporate History 606 $aEconomic History 606 $aFinancial Economics 606 $aInstitutional and Evolutionary Economics 615 0$aFinance. 615 0$aHistory. 615 0$aCorporations. 615 0$aEconomic history. 615 0$aEvolutionary economics. 615 0$aInstitutional economics. 615 14$aFinancial History. 615 24$aCorporate History. 615 24$aEconomic History. 615 24$aFinancial Economics. 615 24$aInstitutional and Evolutionary Economics. 676 $a332.09 700 $aKaran$b Mehmet Baha$01755434 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9911035157303321 996 $aA History of Stock Exchanges$94450346 997 $aUNINA