Micro rules and macro outcomes: the impact of micro structure on the efficiency of security exchanges, London, New York, and Paris, 1800-1914

Article Abstract:

History played an important role in the development of the three leading security exchanges of the world at the height of financial capitalism in the early 19th century. Moreover, the security exchanges of New York, London, and Paris developed differently from each other. Their different paths of development were influenced by the original definition of property rights in the market places. Banks and bankers influenced the development of the New York stock exchange while clearing facilities played a vital role in the development of the stock exchanges in London and Paris.

Securities and Commodity Exchanges, Security and commodity exchanges, Securities Exchanges, History, Stock-exchange, Stock exchanges, Exchanges, London, England, Securities, New York, Paris, France

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Oil for what? - Illicit Iraqi oil contracts and the U.N. Security Council

Article Abstract:

The oil-for-food program introduced by United Nations Security Council in 1995 for provision of relief to Iraq, which was reeling under United Nations fiscal sanctions since the Persian Gulf War, 1991, is discussed.

International economic relations, Iraq, Economic aspects, United Nations. Security Council, Persian Gulf War, 1991

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History lessons: sanctions: neither war nor peace

Article Abstract:

The use of economic sanctions during the 20th century is discussed.

World

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