000 01707cam a22002771 4500
008 751024t1950 iluaaaaer 001 0 eng
040 _aDLC
_cOTU
050 0 0 _aHG4910
_b.B58
082 _a382.170973
_bBLO
100 1 _aBloomfield, Arthur I.
245 1 0 _aCapital imports and the American balance of payments, 1934-39 :
_ba study in abnormal international capital transfers /
260 _aChicago :
_bUniversity of Chicago Press,
_cc1950.
300 _axvii, 340 p. :ill,
500 _aA 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.
504 _aBibliography: p. 315-328.
520 _aIn 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.
590 _ausc 07/06/2018
591 _aLoans
650 0 _aCapital.
650 0 _aBalance of trade.
650 0 _aInvestments
650 0 _aBalance of payments
651 _aUnited States
942 _2ddc
_cBOOK
949 _a382.170973 BLO
999 _c8871
_d8871