Glenn Morgan and Michel Goyer
- Published in print:
- 2012
- Published Online:
- September 2012
- ISBN:
- 9780199694761
- eISBN:
- 9780191741289
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199694761.003.0006
- Subject:
- Business and Management, Organization Studies
The chapter examines the nature of financial globalization. It argues that this needs to be conceived as a specific process characterized by the flow of funds into London and New York from surplus ...
More
The chapter examines the nature of financial globalization. It argues that this needs to be conceived as a specific process characterized by the flow of funds into London and New York from surplus saver economies. This flow of funds is organized through global financial institutions but these in turn are very limited in number because of the scale required to manage these processes profitably. London and New York attracted these funds because of their relative openness and lack of regulation. The present structure of financial globalization is therefore a function of the particular relationships between forms of national capitalism, in particular around the nature of their institutional complementarities and the type of economic growth associated with the role of credit and debt. It has therefore deepened national differences rather than undermined them.Less
The chapter examines the nature of financial globalization. It argues that this needs to be conceived as a specific process characterized by the flow of funds into London and New York from surplus saver economies. This flow of funds is organized through global financial institutions but these in turn are very limited in number because of the scale required to manage these processes profitably. London and New York attracted these funds because of their relative openness and lack of regulation. The present structure of financial globalization is therefore a function of the particular relationships between forms of national capitalism, in particular around the nature of their institutional complementarities and the type of economic growth associated with the role of credit and debt. It has therefore deepened national differences rather than undermined them.
Gwynne Lewis
- Published in print:
- 1993
- Published Online:
- October 2011
- ISBN:
- 9780198228950
- eISBN:
- 9780191678844
- Item type:
- book
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780198228950.001.0001
- Subject:
- History, European Modern History, Economic History
This story in this is book is about one of the most dynamic entrepreneurs in modern French history. The book examines Pierre-François Tubeuf's contribution to the development of industry in France. ...
More
This story in this is book is about one of the most dynamic entrepreneurs in modern French history. The book examines Pierre-François Tubeuf's contribution to the development of industry in France. The book explores the relationship between seigneurial, proto-industrial, and modern forms of capitalism in the Cévennes region of south-eastern France in the 18th century, and demonstrates the international scope of proto-industrialization. It unravels the complex problems associated with the impact of the French Revolution on the processes of modern French capitalism, and traces the responses of a wide variety of individuals, including Tubeuf and his greatest rival, the Maréchal de Castries. The book examines the epic struggle of these two powerful men for control of the rich coal mines of the region, and their legacy to succeeding generations.Less
This story in this is book is about one of the most dynamic entrepreneurs in modern French history. The book examines Pierre-François Tubeuf's contribution to the development of industry in France. The book explores the relationship between seigneurial, proto-industrial, and modern forms of capitalism in the Cévennes region of south-eastern France in the 18th century, and demonstrates the international scope of proto-industrialization. It unravels the complex problems associated with the impact of the French Revolution on the processes of modern French capitalism, and traces the responses of a wide variety of individuals, including Tubeuf and his greatest rival, the Maréchal de Castries. The book examines the epic struggle of these two powerful men for control of the rich coal mines of the region, and their legacy to succeeding generations.
