In this article, we study the role that media plays during a speculative bubble on an emerging market, and in particular the London financial press’s relation to the West African mining bubble of the early twentieth century. The focus is on the leading company in this sector at the time, Ashanti Goldfields Corporation. The London financial press lacked access to independent, reliable information on the ground, so it often failed to provide readers with relevant factual information. In some instances, the press might have even fueled the speculative cycles through the reporting it provided.

中文翻译：

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丛林中的崩溃：伦敦金融出版社和Ashanti Goldfields Corporation的景气周期，1895-1914年

在本文中，我们研究了新兴市场投机泡沫期间媒体所扮演的角色，尤其是伦敦金融媒体与20世纪初西非矿业泡沫的关系。当时的重点是该领域的领先公司Ashanti Goldfields Corporation。伦敦金融新闻社缺乏在当地获得独立，可靠的信息的渠道，因此通常无法向读者提供相关的事实信息。在某些情况下，新闻界甚至可能通过其提供的报道助长了投机周期。