Financial experts from various countries provide a comprehensive survey of the origins and growth of the modern international banking system in a critical period in the emergence of the modern world economy.

List of Contributors: B.V. Anan'ich, Hubert Bonin, V.I. Bovykin, Albert Broder, Rondo Cameron, Fred V. Carstensen, Vincent P. Carosso, P.L. Cottrell, Ian M. Drummond, A.A. Fursenko, Martine Goossens, Peter Hertner, Kanji Ishii, Hans Christian Johansen, Frank H.H. King, György Köver, Maria Bárbara Levy, Ragnhild Lundström, Ruth AmEnde Roosa, Richard Sylla, Jacques Thobie, Richard Tilly, Herman Van der Wee, Ulrich Wengenroth, and Mira Wilkins Rondo Cameron: Introduction Part I: International Factors in the Formation of Banking Systems P.L. Cottrell: Great Britain Vincent P. Carosso and Richard Sylla: U.S. Banks in International Finance Hubert Bonin: The Case of the French Banks Richard Tilly: International Aspects of the Development of German Banking Herman Van der Wee and Martine Goossens: Belgium V.I. Bovykin and B.V. Anan'ich: The Role of International Factors in the Formation of the Banking System in Russia H.C. Johansen: Banking and Finance in the Danish Economy Ragnhild Lundström: Sweden Ian M. Drummond: Banks and Banking in Canada and Australia Kanji Ishii: Japan Part II: Foreign Banks and Foreign Investment Mira Wilkins: Foreign Banks and Foreign Investment in the United States B.V. Anan'ich and V.I. Bovykin: Foreign Banks and Foreign Investment in Russia Ruth AmEnde Roosa: Banks and Financial Relations between Russia and the United States György Köver: The Austro-Hungarian Banking System Peter Hertner: Foreign Capital in the Italian Banking Sector M.B. Levy: The Banking System and Foreign Capital in Brazil Frank H.H. King: Extra-Regional Banks and Investments in China Jacques Thobie: European Banks in the Middle East Part III: International Banking and Multinational Enterprise The Oil IndustryA.A. Fursenko: Albert Broder: Banking and the Electrotechnical Industry in Western Europe Ulrich Wengenroth: Iron and Steel Fred V. Carstensen: International Harvester and its Competitors V.I. Bovykin and Rondo Cameron: Conclusions

`Cameron and Bovykin have put together an important volume. In the impoverished context of banking history, the book stands out as a key work which will form the basis of much future study.' Andrew Freeman, Financial Times

"Impressive....its measured and authoritative case studies, its encyclopedic coverage, statistical data, bibliographies, and breadth of coverage will make it an indispensable research tool in this field."--Journal of Economic History "By any standard, Cameron and Bovykin have put together an important volume. In the impoverished context of banking history, the book stands out as a key work which will form the basis of much future study."--The Financial Times "Fascinating discussions of the different institutional and contractual choices made by different countries when engaging in international banking and finance....Rondo Cameron and V.I. Bovykin must be congratulated for performing so well the herculean task of assembling such a group of talented academics, and steering them safely towards the publication of this most useful volume."--Business History "A suitable reference for all academic and large public libraries, but particularly useful for upper-division undergraduate and graduate students, and faculty."--Choice