Encyclopedia of Early Modern History Online

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Capital mobility
(1,134 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 geographi…

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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 30 November 2023 <http://dx.doi.org/10.1163/2352-0272_emho_COM_021944>
First published online: 2015
First print edition: 20160907

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