Cambridge Catalog  
  • Your account
  • View basket
  • Help
Home > Catalog > Capitals of Capital
Capitals of Capital
Google Book Search

Search this book



  • 10 tables
  • Page extent: 408 pages
  • Size: 228 x 152 mm
  • Weight: 0.77 kg

Library of Congress

  • Dewey number: 332/.04209
  • Dewey version: 23
  • LC Classification: HG3881 .C33413 2010
  • LC Subject headings:
    • Financial institutions, International--History
    • International finance--History
    • Banks and banking--History
    • Finance--History

Library of Congress Record

Add to basket


 (ISBN-13: 9780521845359)

Manufactured on demand: supplied direct from the printer

$72.99 (P)

This is the first history of international financial centres and of the major stake that they now represent in the global economy. Youssef Cassis, one of the world's leading financial historians, provides a fascinating comparative history of the most important centres that constitute the capitals of capital - New York, London, Frankfurt, Paris, Zurich, Amsterdam, Tokyo, Hong Kong, Singapore. The book explores the dynamics of the rise and decline of these great centres from the beginning of the industrial age up to the present, setting them in their economic, political, social and cultural context and drawing on concepts from financial economics in its analysis of events. This paperback edition has been fully updated to take account of the challenges posed by the financial collapse of 2007-8 and offers the longer-term framework necessary to understand the crisis gripping capitals of capital today.


Introduction; 1. The age of private bankers, 1780–1840; 2. The concentration of capital, 1840–1875; 3. A globalised world, 1875–1914; 4. Wars and depression, 1914–1945; 5. Growth and regulation, 1945–1980; 6. Globalisation, innovation and crisis, 1980–2009; Conclusion; Glossary.


"...useful reading for anyone interested in the antecedents of today's vibrant international financial markets."
Foreign Affairs

"This is a truly scholarly work of synthesis...the breadth, scope and detail of the study must recommend it to scholars and students seeking an overview of the development of international financial and banking markets over the past two hundred years."
Catherine R. Schenk, EH.NET

"Youssef Cassis has written a highly readable narrative account of the emergence and changing fortunes of the world's leading international financial centers over the course of the last two hundred and twenty-five years. (The book, originally written in French, has been well served by the translator.) This is a topic that could easily degenerate into a dry recitation of percentage shares of this or that variable, market, or country, but that risk has been avoided here."
Forrest Capie, City University, London, Business History Review

"Anyone interested in the historical background of the world's most important international financial centers will prize this book enormously."
Robert E. Wright, Stern School of Business, New York University, Journal of Interdisciplinary History

printer iconPrinter friendly version AddThis