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What is European Capital Flow 1870-1914 about?

This document summarizes a book that traces the flow of European capital investments from 1870-1914. It describes how British, French, and German savings were invested abroad in government loans, infrastructure projects, and developing colonies. The British favored investments that generated revenue through management and control, while the French preferred lower-risk government loans. By 1914, a quarter of French wealth was invested in Russia, totaling over $11 billion, primarily in government bonds. This

Author

Luis Osvaldo Alvarez

Language

EN