Currency Credit And Commerce

First published in 1923, this work is a seminal contribution to economics and covers various topics such as money, credit, and commerce. Marshall provides a valuable analysis of how money and credit influence commerce, making this an essential read for anyone interested in the field of economics. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

"Original edition 1923." Bibliographical footnotes.

In this collection of essays Professor Drake draws together theoretical reflection and applied studies in the important areas of international trade and investment, the provision and management of national money and the emergence of markets for equity shares and bonds in Southeast Asia. They provide insights into the processes of economic development, with broader applicability beyond Southeast Asia. of acceptable/convertible money in underpinning and promoting economic development, and of a sustained surplus on the balance of international payments for growing the supply of money. It also looks into securities markets in the later stage of development when funds for investment depend on collective rather than individual sources.