Chenzi Xu (Stanford University) joins to explain how London’s central role in 19th century trade finance meant that its bank failure – triggered by the collapse of Overend & Gurney in 1866 – had effects for decades.
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- Chenzi Xu. 2020. Reshaping Global Trade: The Immediate and Long-Run Effects of Bank Failures. Stanford University Graduate School of Business, manuscript, May 12.
