Mobilizing Money: How the World's Richest Nations Financed Industrial Growth

摘要

In her new book, Caroline Fohlin, research professor at Johns Hopkins University Baltimore, examines the origins of the modern corporate finance systems. The monograph consists of two parts. In the first part, Fohlin compares the evolution of corporate finance and financial systems during the nineteenth and early twentieth centuries in five successful countries - the United States, the United Kingdom, Germany, Italy and Japan. In the second part, Fohlin aims to draw the bigger picture, i.e. to explain the interrelationship between the structure of past and current financial systems and their impact on economic growth in a cross-section of about 20 countries.