Arbeitspapier
The changing role of global financial brands in the underwriting of foreign government debt (1815-2010)
This paper covers the long-term evolution of the primary market for foreign government debt. We discuss the role of financial intermediaries as underwriters and distributors of securities, providers of information, and lending of last resort services since the early 19th century, and the evolution of this role. We underscore the role of the prestige of global financial brands in sustaining early foreign debt markets and its weakening in the modern era.
- Language
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Englisch
- Bibliographic citation
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Series: Graduate Institute of International and Development Studies Working Paper ; No. 15/2011
- Classification
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Wirtschaft
- Subject
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Internationale Staatsschulden
Internationale Finanzierung
Finanzintermediation
Welt
- Event
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Geistige Schöpfung
- (who)
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Flandreau, Marc
Flores, Juan H.
Gaillard, Norbert
Nieto-Parra, Sebastián
- Event
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Veröffentlichung
- (who)
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Graduate Institute of International and Development Studies
- (where)
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Geneva
- (when)
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2011
- Handle
- Last update
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10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Flandreau, Marc
- Flores, Juan H.
- Gaillard, Norbert
- Nieto-Parra, Sebastián
- Graduate Institute of International and Development Studies
Time of origin
- 2011