The Financial Revolution: The Big Bang Worldwide - Softcover

The Financial Revolution. The Big Bang Worldwide

Soft cover. Zustand: Very Good. 1st Penguin Edition. Paperback. Couple of slight creases to cover. The fastest growing stock-market in the world is not an exchange at all - it is a network of computer terminals. The London-based Eurobond market raises more than $100 billion a year. Of the top thirty banks in the workd, fifteen are now Japanese. The most under-reported change of our times is the revolution in international finance. In London, New York and Tolyo the traditional methods of raising money are being swept aside as old controls and regulations are abolished and new technology is introduced. Money is ceasing to be a medium of exchange, it is becoming a commodity in its own right. Every working day $200 million is traded on the world's markets; less than 5% of that covers actual transactions. In theory these changes and the explosuion in international markets - the Financial Revolution - are all for the good. In practice the dangers are as great as the benefits, as more money moves faster with fewer controls and less regulation. The danger of scandal and failure on a colossal scale grows too. The author describes the Financial Revolution as it is happening in the City of London, Tokyo and New York. It is a revolution that has implications for everyone's money and for anyone in the City. 268 pp. (We carry a wide selection of titles in The Arts, Theology, History, Politics, Social and Physical Sciences. academic and scholarly books and Modern First Editions ,and all types of Academic Literature.). Artikel-Nr. 085886

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