Investment, an exact science

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Monograph

Identifikator:: 865521182

URN:: urn:nbn:de:zbw-retromon-48767

Document type:: Monograph

Author:: Lowenfeld, Henry

Title:: Investment, an exact science

Place of publication:: London

Publisher:: The Financial Review of Reviews

Year of publication:: 1906

Scope:: 1 Online-Ressource (X, 160 Seiten)

Collection:: Economics Books

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Document type:: Monograph

Structure type:: Chapter

Title:: Chapter III - The geographical distribution of capital

Collection:: Economics Books

CHAPTER ILE THE GEOGRAPHICAL DISTRIBUTION OF CAPITAL. A study of the published official trade reports of all civilised nations proves that the world’s trade, if taken as a whole, is constantly expanding. Indeed, the mere fact that the world’s population continues to increase steadily renders a corresponding expansion of the world’s trade inevitable. Statistics also prove that two countries which are under different Governments and geographically distinct from each other will generally differ widely in their respective trade activity. Thus, locally, trade may suffer periodical depression, but the trade of the whole world is perpetually growing. The fact that, whilst the world’s trade is constantly expanding, the share of each separate nation in it is constantly altering is the fundamental principle of pur geographical method of equalising investment risks. As the proof of this fact is of necessity the work of a statistician, Mr. Holt Schooling has been asked to independently investigate this subject.

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