{"product_id":"9781107436763","title":"Mobilizing Money: How The World's Richest Nations Financed Industrial Growth (Japan-Us Center Ufj Bank Monographs On International Financial Markets)","description":"This book examines the origins of modern corporate finance systems during the rapid industrialization period leading up to World War I. The study leads to three sets of conclusions. First, modern financial systems are rooted in the past, are idiosyncratic to specific countries, and are highly path-dependent. Therefore, to understand current financial institutions, we must take stock of the forces at play in the near and distant past: political and regulatory intervention, natural resource endowments, educational institutions, and social and religious beliefs. Second, financial institutions and markets do not create economic growth without significant first steps in industrial development and supporting institutions. The finance-growth relationship also varies over time, as financial and economic developments influence one another and create a feedback mechanism. Third, and most important from the modern policy standpoint, there is no \"one-size-fits-all\" solution to financial system design and industrial development. Having specific types of financial institutions is far less important than developing a strong, stable, and legally protected financial system with a rich diversity of institutions and vibrant markets that can adapt to changing needs. 9781107436763 1107436761 0 Business \u0026amp; Economics NOT_MATURE http:\/\/books.google.com\/books\/content?id=-E6SoAEACAAJ\u0026amp;printsec=frontcover\u0026amp;img=1\u0026amp;zoom=5\u0026amp;source=gbs_api en\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cul\u003e\n\u003cli\u003e• \u003cb\u003eAuthor: \u003c\/b\u003eCaroline Fohlin\u003c\/li\u003e\n\u003cli\u003e• \u003cb\u003ePublisher: \u003c\/b\u003eCambridge University Press\u003c\/li\u003e\n\u003cli\u003e• \u003cb\u003ePublication Date: \u003c\/b\u003eAug 21, 2014\u003c\/li\u003e\n\u003cli\u003e• \u003cb\u003eNumber of Pages: \u003c\/b\u003e280 pages\u003c\/li\u003e\n\u003cli\u003e• \u003cb\u003eLanguage: \u003c\/b\u003eEnglish\u003c\/li\u003e\n\u003cli\u003e• \u003cb\u003eBinding: \u003c\/b\u003ePaperback\u003c\/li\u003e\n\u003cli\u003e• \u003cb\u003eISBN-10: \u003c\/b\u003e1107436761\u003c\/li\u003e\n\u003cli\u003e• \u003cb\u003eISBN-13: \u003c\/b\u003e9781107436763\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":49393013195057,"sku":"9781107436763","price":50.68,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0798\/8215\/8385\/files\/9781107436763_p0_v1_s600x595.jpg?v=1717288337","url":"https:\/\/www.recomparo.com\/es\/products\/9781107436763","provider":"ReComparo.com","version":"1.0","type":"link"}