| Title:
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SAVING THE CITY
THE GREAT FINANCIAL CRISIS OF 1914 |
| By: |
Richard Roberts |
| Format: |
Hardback |
| List price:
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£20.00 |
| Our price: |
£17.50 |
| Discount: |
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£2.50 |
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| ISBN 10: |
0199646546 |
| ISBN 13: |
9780199646548 |
| Availability: |
Usually dispatched within 1-3 weeks.
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| Stock: |
Currently 0 available |
| Publisher: |
OXFORD UNIVERSITY PRESS |
| Pub. date: |
28 November, 2013 |
| Pages: |
320 |
| Description: |
A week before the outbreak of the First World War, an acute financial crisis surged over London: the Stock Exchange closed; money markets worldwide were paralysed. Drawing on diaries, letters, memoirs, press reports, and official archives, this book tells the extraordinary, and largely unknown, story of the first true global financial crisis. |
| Synopsis: |
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. |
| Illustrations: |
illustrations (black and white) |
| Publication: |
UK |
| Imprint: |
Oxford University Press |
| Prizes: |
Winner of Spear's Book Awards: Financial History Book of the Year 2014.
Winner of Wadsworth Prize for Business History 2014. |
| Returns: |
Returnable |