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: Capitalism: A Treatise on EconomicsCapitalism: A Treatise on Economics
by - Jameson Books
Reisman's ringing manifesto for laissez-faire capitalism free of all government intervention is at once a conservative polemic and a monumental treatise, brimming with original theories, remarkable for its depth, scope and rigorous argument.
(12211 views)
Book cover: Transforming Global Information and Communication MarketsTransforming Global Information and Communication Markets
by - The MIT Press
This examination of information and communication technology from an economy perspective argues that continued rapid innovation and economic growth require new approaches that will reconcile diverse interests and enable competition to flourish.
(6803 views)
Book cover: Deep Freeze: Iceland's Economic CollapseDeep Freeze: Iceland's Economic Collapse
by - Ludwig von Mises Institute
In this book, the two young Professors Bagus and Howden document the sad story of the Icelandic government's policy mistakes -- the artificial creation of a boom, and the savage bust that was the inevitable outcome of this boom.
(3546 views)
Book cover: Determinants of Financial DevelopmentDeterminants of Financial Development
by - Palgrave Macmillan
This book investigates the political, economic, policy and geographic determinants of the development of financial markets. The volume examines the causality between financial development and aggregate private investment from an economic perspective.
(2982 views)