Capital Markets and Capital Formation In Australia, 1890–1945
Bibliographic Data
| ID | 20437134 |
|---|---|
| Authors | D T Merrett (The University of Melbourne), David Merrett (0000-0003-0904-0474, The University of Melbourne, corresponding author) |
| Year | 1997 |
| Volume | 37 |
| Issue | 3 |
| Pages | 181-201 |
| Publication date | 1997-11-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Australian Economic History Review (JOURNAL) |
| Journal identifiers | ISSN: 0004-8992 • E-ISSN: 1467-8446 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/aehr.373002 |
| OpenAlex | W4256555617 |
| Language | EN |
| Citations received | 2 |
This survey article examines the interaction between the domestic capital markets and capital formation in Australia from the 1890s up to the end of World War II. The disenchantment of the City of London with Australian securities in the 1890s opened a window for the development of domestic capital markets. It was the demands of the government for funds, especially during both wars, that transformed the scale and character of local markets. Local deposit taking institutions and stock exchanges handled a sufficient volume of domestic savings to fund the lion’s share of both public and private sector capital formation
Business · Capital (architecture) · Capital formation · Capital market · Disenchantment · Divestment · Economics · Financial capital · Financial system · Fixed capital · Geography · Human capital · Market economy · Political science · Australian History and Society · Finance
| Unique citing works | 2 |
|---|---|
| Citations per year | 0,15 |
| Citation span | 2013 - 2015 (3) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 2 |