Saving the City e-bog
161,96 DKK
(inkl. moms 202,45 DKK)
In London, the world's foremost financial centre, the week before the outbreak of the First World War saw the breakdown of the markets, culminating with the closure for the first time ever of the London Stock Exchange on Friday 31 July. Outside the Bank of England a long anxious queue waited to change bank notes for gold sovereigns. Bankers believed that a run on the banks was underway, threate...
E-bog
161,96 DKK
Forlag
OUP Oxford
Udgivet
28 november 2013
Længde
320 sider
Genrer
3JJC
Sprog
English
Format
pdf
Beskyttelse
LCP
ISBN
9780191508271
In London, the world's foremost financial centre, the week before the outbreak of the First World War saw the breakdown of the markets, culminating with the closure for the first time ever of the London Stock Exchange on Friday 31 July. Outside the Bank of England a long anxious queue waited to change bank notes for gold sovereigns. Bankers believed that a run on the banks was underway, threatening the collapse of the banking system-all with the nation on the eve ofwar. This book tells the extraordinary, and largely unknown, story of this acute financial crisis that surged over London and around the globe. Drawing on diaries, letters, and memoirs of participants and a wide range of press coverage, as well as government and bank archives, it presents a lively and colourful account of a remarkable episode in financial and social history, outlining the drama of the collapse and the measures taken to contain it. This crucial and compelling 'missing piece' in theworld's financial development was the first true global financial crisis, and proved a landmark in the management of financial crises.