Capital mobility
(1,144 words)

1. Definition

The term capital mobility denotes movements of monetary capital (portfolio investments, credit; see 2.-3. below) and production capital (direct investments; see 4 below). Prior to the second half of the 19th century, there were no national economies with central monetary control (Bank of issue); therefore in our period the term does not refer to capital exports and imports of entire national economies but to capital transfers between ge…

Cite this page
North, Michael, “Capital mobility”, in: Encyclopedia of Early Modern History Online, Editors of the English edition: Graeme Dunphy, Andrew Gow. Original German Edition: Enzyklopädie der Neuzeit. Im Auftrag des Kulturwissenschaftlichen Instituts (Essen) und in Verbindung mit den Fachherausgebern herausgegeben von Friedrich Jaeger. Copyright © J.B. Metzlersche Verlagsbuchhandlung und Carl Ernst Poeschel Verlag GmbH 2005–2012. Consulted online on 24 June 2018 <http://dx.doi.org/10.1163/2352-0272_emho_COM_021944>
First published online: 2015
First print edition: 20160907



▲   Back to top   ▲