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    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
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European Economic Integration as a Challenge to Industry and Government: Contemporary and Historical Perspectives on International Economic Dynamics

European Economic Integration as a Challenge to Industry and Government: Contemporary and Historical Perspectives on International Economic Dynamics

Welfens, Paul J. J.
Tilly, Richard

Paperback

Economics

ISBN10: 3642800165
ISBN13: 9783642800160
Publisher: Springer
Published: Dec 8 2011
Pages: 558
Weight: 1.74
Height: 1.16 Width: 6.14 Depth: 9.21
Language: English
explicit presentation of some of those stylized facts in the form of a brief, chronologically structured narrative. In keeping with the broad scope of this volume we begin by going back at least two hundred years, to the growth of an integrated national capital market in England in the 18th century (see Neal Chapter). This starting point has the advantage of calling attention to a number of important points. First, the form of integration by which a central market (London) for a standardized good (government bonds or consols) came to serve as linkage between two or more hitherto separate (regional) markets, represents a typical and important form of fInancial (and economic) integration. In Kindleberger's terminology it is the integration via third parties form (where, say, security prices in A and B converge): 2 A

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