The London Stock Exchange: A History Ranald C. Michie

ISBN: 9780199242559

Published: June 28th 2001

Paperback

682 pages


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The London Stock Exchange: A History  by  Ranald C. Michie

The London Stock Exchange: A History by Ranald C. Michie
June 28th 2001 | Paperback | PDF, EPUB, FB2, DjVu, AUDIO, mp3, ZIP | 682 pages | ISBN: 9780199242559 | 5.63 Mb

In 2001, the London Stock Exchange will be 200 years old, though its origins go back a century before that. This text traces the history of the London Stock Exchange from its beginnings in around 1700 to the present day, chronicling the challengesMoreIn 2001, the London Stock Exchange will be 200 years old, though its origins go back a century before that.

This text traces the history of the London Stock Exchange from its beginnings in around 1700 to the present day, chronicling the challenges and opportunities it has faced, avoided, or exploited over the years. Throughout, this history seeks to blend an understanding of the London Stock Exchange as an institution with that of the securities market of which it was - and is - such an important component.

One cannot be examined satisfactorily without the other. Without a knowledge of both, for example, the causes of the Big Bang of 1986 would forever remain a mystery. However, the history of the London Stock Exchange is not just worthy of study for what it reveals about the interaction between institution and market. Such was the importance of the London Stock Exchange that its rise to world dominance before 1914, its decline thereafter, and its renaissance from the mid-1980s, explain a great deal about Britains own economic performance and the working of the international economy.



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