The Globalization Of Merchant Banking Before 1850: The Case Of Huth & Co.
Author: Manuel Llorca-Jana
Stock information
General Fields
: 231.00 AUD
: 9781848936072
: Taylor & Francis Ltd
: Pickering & Chatto (Publishers) Ltd
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: 0.43
: October 2015
: 235mm X 159mm
: United Kingdom
: 231.0
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: books
Special Fields
: Manuel Llorca-Jana
: Hardback
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: 184
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9781848936072
Description
London merchant bankers emerged during the 1820s in the wake of financial turmoil caused by the wars of American Independence, the Napoleonic campaigns and the Anglo-American war of 1812. Though the majority of merchant bankers remained cautious in their affairs, Huth & Co established an impressive global network of trade and lending, dealing with over 6,000 correspondents in more than seventy countries. Based on archival research, this comparative study provides a new chronology of early nineteenth-century commercial and financial expansion. Huth & Co. were truly market-makers and key intermediaries of commodities and capital flows in the international economy. This is an important example of a firm shaping globalisation well before the transport and communication revolution of the last quarter of the nineteenth century. But rather than a case study, this is a comparative study concerned with the commercial and financial activities of the leading merchant-bankers of the period This book will be of great interest to business and economic historians interested in the nature of the early decades of the first globalization.