Rui Pedro Esteves: International Finance in the Belle Epoque: French Portfolio Exports, 1880-1913
Questions:
Borrowers:
- Openness and growth
- Pull factors
- Sudden stops--sovereign default and the private sector
Lenders:
- Push factors
- Risk and return
- Regulation and financial center competition
France:
- Composition, valuation, and return of the French portfolio
- Good performance
- Concentrated market structure
