Synopses & Reviews
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 supplies 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 by industry.
Synopsis
A comprehensive picture of British foreign investment during its heyday, 1965-1914.
About the Author
Irving Stone is Professor of Economics and Finance at Baruch College, City University of New York.
Table of Contents
Major Recipients of British Capital Exports Annual Data, 1865-1914 * Ranking Tables-Leading Recipients of British Capital Exports During Five-Year Periods, By Broad Industrial Group, 1865-1914 * Security Composition of British Capital Exports, By Broad Industrial Group, 1965-1914 * Special Summaries * Appendix A: Original Jenks--Simon Sources * Appendix B: Simon's Methodology * Selected Bibliography