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: 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.
(7659 views)
Book cover: The Global Political Economy of IsraelThe Global Political Economy of Israel
by - Pluto Press
Diverse processes - such as global accumulation cycles, regional conflicts, militarism and dependency, inflation and recession, the politics of high-technology and the transnationalisation of ownership - are all woven into a single story.
(9544 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.
(7219 views)
Book cover: Privatization of Roads and HighwaysPrivatization of Roads and Highways
by - Ludwig von Mises Institute
This treatise on private roads will cause you to rethink the way modern transportation networks operate. It shows how free-market economic theory is the clarifying lens through which to see the alternative that is consistent with human liberty.
(15399 views)