Logo

Global Imbalances and the Collapse of Globalised Finance

Small book cover: Global Imbalances and the Collapse of Globalised Finance

Global Imbalances and the Collapse of Globalised Finance
by

Publisher: Centre for European Policy Studies
ISBN/ASIN: 9290799439
Number of pages: 192

Description:
The world economy is just starting to recover from the most disastrous episode in the history of financial globalization. Understanding what happened is essential. The authors argue in this book that the main problems were deeply rooted and are to be found in two tightly linked developments that for many years were left largely uncontrolled: the increase in the intensity of international transfers of savings -- the so-called 'global imbalances' -- and a wave of innovations -- globalized finance -- that have changed the way savings and the risks associated with their investment can be transferred.

Home page url

Download or read it online for free here:
Download link
(8.1MB, PDF)

Similar books

Book cover: Governing Failure: Provisional Expertise and the Transformation of Global Development FinanceGoverning Failure: Provisional Expertise and the Transformation of Global Development Finance
by - Cambridge University Press
In contrast to the structural adjustment era when policymakers were confident that they had all the answers, the author argues that we are now in an era of provisional governance. This book considers the implications of this shift ...
(9531 views)
Book cover: China: Linking Markets for GrowthChina: Linking Markets for Growth
by - Anu E Press
China’s prosperity is at the core of the emerging Platinum Age of global economic growth. This volume gathers together leading scholars on China’s economic success and its effect on the world economy into the next few decades.
(20560 views)
Book cover: The Cult of the Market : Economic Fundamentalism and its DiscontentsThe Cult of the Market : Economic Fundamentalism and its Discontents
by - ANU Press
'The Cult of the Market' disputes the practical value of the shallow, all-encompassing, dogmatic, economic fundamentalism espoused by policy elites in recent public policy debates, along with their gross simplifications and sacred rules.
(9098 views)
Book cover: Case for Legalizing CapitalismCase for Legalizing Capitalism
by - Ludwig von Mises Institute
What's the American system of economics? Most people would say it is capitalism, which thereby deserves all fault when anything goes wrong. Kel Kelly responds to this myth in this comprehensive treatment of the free market and intervention.
(10433 views)