It is a curious fact that the for­ma­ti­on of finan­cial cen­ters is not stu­di­ed today in eco­no­mics. Part­ly it falls bet­ween two stools. Urban and regio­nal eco­no­mics which con­cern them­sel­ves with cities dis­cuss the loca­ti­on of com­mer­ce, indus­try and housing but rare­ly that of finan­ce. .. A recent United Sta­tes sur­vey of urban eco­no­mics men­tio­ned finan­ce only once in the text, and refer­red to no book on the sub­ject in a biblio­gra­phy of 438 items [Gold­stein and Moses]. At the same time, a vigo­rous new lite­ra­tu­re on money and capi­tal mar­kets and their role in eco­no­mic deve­lo­p­ment takes no inte­rest in geo­gra­phi­cal loca­ti­on or the rela­ti­ons­hips among finan­cial cen­ters [Golds­mith, McK­in­non, Sametz, Shaw]. Apart from a sen­tence or two, one would think that the money and capi­tal mar­ket was spread even­ly throughout a given coun­try. Such gene­ral ana­ly­ti­cal lite­ra­tu­re as I have found goes back to World War I. In a 1912 stu­dy, Mar­co Fan­no has a chap­ter on the cen­tra­liz­a­ti­on pro­cess in ban­king and money mar­kets, inclu­ding the geo­gra­phic centralization. …

Quel­le /​ Link: The For­ma­ti­on of Finan­cial Cen­ters: A Stu­dy in Com­pa­ra­ti­ve Eco­no­mic Histo­ry (C. P. Kindleberger)

Wei­te­re Informationen:

“Metro­po­len des Kapi­tals. Die Geschich­te der inter­na­tio­na­len Finanz­zen­tren” von Yous­sef Cassis

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