The Globalization of Merchant Banking before 1850 : The case of Huth & Co.
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Overview
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.
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Details
- ISBN-13: 9780367597924
- ISBN-10: 0367597926
- Publisher: Routledge
- Publish Date: June 2020
- Dimensions: 9.21 x 6.14 x 0.4 inches
- Shipping Weight: 0.59 pounds
- Page Count: 184
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