Capital imports and the American balance of payments, 1934-39 : a study in abnormal international capital transfers /

By:

Bloomfield, Arthur I

Material type: Text

TextPublication details: Chicago : University of Chicago Press, c1950.Description: xvii, 340 p. :illSubject(s):

DDC classification:

382.170973 BLO

LOC classification:

HG4910 .B58

Summary: In this book, the author noted that one of the most striking features of the balance of payments of the United States in the inter-war period was the movement of capital, both short- and long-term, which for magnitude of sums involved and abruptness of changes in direction has never been equaled. The author was concerned to explain the parallel fluctuations in the long-term capital balance and the trade balance. After showing the existence and closeness of this parallelism and noting the shortcomings of previous attempts at explanation. He also advance a neat and highly plausible hypothesis to account for the cyclical movements in direction, though not in amplitude, of the long-term capital balance.

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Holdings
Item type	Current library	Collection	Call number	Status	Date due	Barcode
Monograph & others	CBN HQ Library General Stacks	Non-fiction	382.170973 BLO (Browse shelf(Opens below))	Available		31008100151600

A revision and condensation of the author's doctoral dissertation, "International capital movements and the American balance of payments, 1929-40," submitted to the University of Chicago in 1942.

Bibliography: p. 315-328.

In this book, the author noted that one of the most striking features of the balance of payments of the United States in the inter-war period was the movement of capital, both short- and long-term, which for magnitude of sums involved and abruptness of changes in direction has never been equaled. The author was concerned to explain the parallel fluctuations in the long-term capital balance and the trade balance. After showing the existence and closeness of this parallelism and noting the shortcomings of previous attempts at explanation. He also advance a neat and highly plausible hypothesis to account for the cyclical movements in direction, though not in amplitude, of the long-term capital balance.

usc 07/06/2018

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