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
Englisch

Bibliographic citation
Series: Graduate Institute of International and Development Studies Working Paper ; No. 15/2011

Classification
Wirtschaft
Subject
Internationale Staatsschulden
Internationale Finanzierung
Finanzintermediation
Welt

Event
Geistige Schöpfung
(who)
Flandreau, Marc
Flores, Juan H.
Gaillard, Norbert
Nieto-Parra, Sebastián
Event
Veröffentlichung
(who)
Graduate Institute of International and Development Studies
(where)
Geneva
(when)
2011

Handle
Last update
10.03.2025, 11:42 AM CET

Data provider

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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

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