Journal article
Elise S. Brezis
Economic History Review, vol. 48(1), 1995 Feb, pp. 46-67
Economic History Review, vol. 48(1), 1995 Feb, pp. 46-67
DOI:
10.2307/2597870
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APA
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Brezis, E. S. (1995). Foreign capital flows in the century of Britain's industrial revolution: new estimates, controlled conjectures. Economic History Review, 48(1), 46–67. https://doi.org/10.2307/2597870
Chicago/Turabian
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Brezis, Elise S. “Foreign Capital Flows in the Century of Britain's Industrial Revolution: New Estimates, Controlled Conjectures.” Economic History Review 48, no. 1 (February 1995): 46–67.
MLA
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Brezis, Elise S. “Foreign Capital Flows in the Century of Britain's Industrial Revolution: New Estimates, Controlled Conjectures.” Economic History Review, vol. 48, no. 1, Feb. 1995, pp. 46–67, doi:10.2307/2597870.
BibTeX Click to copy
@article{brezis1995a,
title = {Foreign capital flows in the century of Britain's industrial revolution: new estimates, controlled conjectures},
year = {1995},
month = feb,
issue = {1},
journal = {Economic History Review},
pages = {46-67},
volume = {48},
doi = {10.2307/2597870},
author = {Brezis, Elise S.},
month_numeric = {2}
}
Abstract
This article analyses the foreign capital flows during the period of the industrialization of Britain. The British balance of payments and the components of total saving are estimated for the eighteenth century. The data reveal that Britain was then running a current account deficit and was a net importer of capital. It finds that the inflows of foreign capital, mostly Dutch, and not only domestic national savings were needed to finance investment associated with the industrial revolution.
Keywords: capital flows, industrial revolution, current account deficit
