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Great Britain was the preeminent capital exporter between 1865 and 1914 not only in the volume of investment but also in the industrial and geographical diversity of its capital outflows. This study furnishes comprehensive annual data on the magnitude, destination and composition of British capital exports. Individual country data as well as global, regional and Empire aggregates are provided. Supplemental analyses examine the security composition of the capital exports, the changing ranking of recipients, the use of government interest guarantees on loans and the distribution of interest rates on debentures by industry.…mehr

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Produktbeschreibung
Great Britain was the preeminent capital exporter between 1865 and 1914 not only in the volume of investment but also in the industrial and geographical diversity of its capital outflows. This study furnishes comprehensive annual data on the magnitude, destination and composition of British capital exports. Individual country data as well as global, regional and Empire aggregates are provided. Supplemental analyses examine the security composition of the capital exports, the changing ranking of recipients, the use of government interest guarantees on loans and the distribution of interest rates on debentures by industry.

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Autorenporträt
IRVING STONE is Professor of Economics and Finance, Baruch College, City University of New York. He is the author of The Composition and Distribution of British Investment in Latin America, 1865 to 1913. This current research on the British Science Foundation, has been supported by grants from the National Science Foundation, The Social Science Research Council, The American Council of Learned Societies and the Research Foundation of the City University.