First Published in 2005. This study uses the Baring archive to provide a professional and contemporary understanding of the foreign financial history of Continental Europe and the United States from the years 1815 to 1870. The material gathered in this book, for France, Russia, Austria, Spain and the United States, and the conclusions reached in all the chapters, go far towards supporting and confirming that the belief that capital exports give rise to growth is an inflated claim.

Preface 1. Introduction 2. France 3. Russia 4. Austria and her Neighbours 5. Spain 6. United States 7. Conclusion