Portuguese public debt and financial business before WWI

Government, public finance, and public debt framed the historical background for exceptional financial business opportunities for Henry Burnay as a private banker and a network with Baring Brothers, Comptoir National d'Escompte, Banque de Paris et des Pays Bas, Neuflize et Cie., Crédit Lyonnais, Société Générale, Deutsche Bank, Bank fur Handel& Industrie, Dresdner Bank, M. Jacob H. S. Stern and the Deutsche Effecten & Wechsel Bank from Frankfurt. Nineteenth-century financial markets and public debt emerge as the main players in the game. Credibility and honesty are important values for earning confidence and trust in international financial business, while bilateral-monopoly market situations required a lot of bargaining for joint profit maximization.


Issue Date:
Oct 25 2010
Publication Type:
Journal Article
DOI and Other Identifiers:
ISSN 1804-1205 (Print) ISSN 1804-5006 (Online) (Other)
PURL Identifier:
http://purl.umn.edu/128672
Published in:
Business and Economic Horizons, Volume 03, Issue 3
Business and Economic Horizons
Page range:
10-27
Total Pages:
18
JEL Codes:
M16; N23; N43; N83




 Record created 2017-04-01, last modified 2017-08-26

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