EH.Net Abstracts in Economic History

Saving, Investment, and International Capital Mobility in the
Twentieth Century

               EHS Abstract Submission
                    (c) 1997 EH.Net
-----------------------------------------------------------
              Name:  Alan M. Taylor
             Email:  amtaylor at ucdavis.edu
       Institution:  University of California at Davis

         Co-author:  None
 
             Title:  Argentina and the World Capital Market:
Saving, Investment, and International Capital Mobility in the
Twentieth Century  

  Internet Address
of abstracted work:  http://www.econ.ucdavis.edu/~amtaylor/papers/

           By mail:  
                     Department of Economics
                     University of California at Davis
                     One Shield Avenue
                     Davis, CA 95616-8578
 
          Language:  English
 
          Abstract:
   This paper is concerned with integration in the world capital
market between the economies of the core and the periphery in the
twentieth century. It proceeds with some general observations and
with a special focus on the case of Argentina. I will argue that
understanding the changing relations in international capital
markets offers important insights into the growth and development
process, especially for the countries of the periphery. Moreover,
extent of market integration in history informs current
conditions in the relationship between capital-scarce economies,
like Argentina, and the global capital market as a whole. Looking
to the future, the repercussions of economic reform and
demographic change suggest likely implications for future saving,
investment, and international capital flows.
 

      Bibliography:  Taylor, Alan M. "Argentina and the World
Capital Market: Saving, Investment, and International Capital
Mobility in the Twentieth Century,"  NBER Working Paper Series,
no. 6302 (Fall 1997).
 

                  Subject:  H
 Geographical Area:  5
      Country/Region:  Argentina
           Time Period:  9
 
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