Saving the City

The Great Financial Crisis of 1914
Erscheinungsjahr 2013
ISBN: 978-0-19-964654-8
Verlag: Oxford University Press

Buch, Englisch, 320 Seiten, Format (B × H): 161 mm x 240 mm, Gewicht: 610 g

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 of
war.

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 the
world's financial development was the first true global financial crisis, and proved a landmark in the management of financial crises.

Autoren/Hrsg.

Roberts, Richard

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Finanzkrisen, Wirtschaftskrisen
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzkrisen
• Wirtschaftswissenschaften Wirtschaftswissenschaften Wirtschaftsgeschichte
• Geisteswissenschaften Geschichtswissenschaft Geschichtliche Themen Wirtschaftsgeschichte
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geschichte der VWL

Über Autor(innen)

Richard Roberts is Professor of Contemporary History at the Institute of Contemporary British History at King's College London. He has held fellowships at Downing College, Cambridge, Princeton University, and the Bank of England. He specialises in financial history and is author of many publications in this field including histories of City investment bank Schroders (1992) and consortium bank Orion (2001). His contemporary studies Wall Street (2002) and
The City (2008) are published by The Economist.