Description |
1 online resource : text file, PDF |
Contents |
Cover; Half Title; Dedication; Title; Copyright; Contents; List of Tables; Acknowledgements; Introduction; 1 The Prevalence of the Indirect Method; 1.1 Introduction; 1.2 The first tentative measurements; 1.3 Hobson's systematic research: 1870-1913; 1.4 Schooling's eccentric elaboration: 1880-1910; 1.5 The contributions of other scholars; 1.6 Conclusions; 2 The Application of Other Methods; 2.1 Introduction; 2.2 The results of the capitalization ofthe annual flows of income; 2.3 The original experiences of Crammond and Paish; 2.4 The estimates obtained with the direct method; 2.5 Conclusions |
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3 The Sceptical Positions3.1 Introduction; 3.2 Arndt and Platt; 3.3 Madden and Foreman-Peck; 3.4 Conclusions; 4 The Outcome of a Long Collective Work; 4.1 Introduction; 4.2 The points of reference in the years up to 1870; 4.3 The period preceding the First World War; Bibliography; Author Index; Subject Index |
Summary |
"The fundamental role of Great Britain's economy in the international economic system in the century preceding the First World War is demonstrated by a number of variables, which have drawn the interest of many scholars. The focus here is on capital flows. The main difficulty encountered in this work arose from a shortage of documentation on economic data in the historical period under consideration, which has been tentatively reconstructed, on the basis of a number of estimates, subjected to a close comparative scrutiny. The book provides a valid guide to anyone wishing to improve their understanding of the so-called "pax britannica" which, at that time, rested on the canons of free trade and the gold standard. This historical period is considered by many to be the first experience of capitalist globalization. In this sense the book is also intended to provide useful reading for those who want to reflect on the possible future evolution of the world economy."--Provided by publisher |
Subject |
Balance of payments-Great Britain-History
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Capital movements-Great Britain-History
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Investments, British-Statistical methods
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Investments, Foreign-Great Britain-History
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Form |
Electronic book
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ISBN |
9781351148009 |
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1351148001 |
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