| Description |
1 online resource (xiv, 244 pages) |
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text txt rdacontent |
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computer c rdamedia |
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online resource cr rdacarrier |
| Series |
Anthem frontiers of global political economy
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| Note |
This work is licensed under a Creative Commons license https://creativecommons.org/licenses/by/4.0/legalcode |
| Summary |
In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of "decontrolled" financial innovations because they were enjoying from the "great moderation." Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital |
| Language |
English. |
| Note |
This work is licensed by Knowledge Unlatched under a Creative Commons license https://creativecommons.org/licenses/by/4.0/legalcode |
| Contents |
Preface; Acknowledgements; Chapter 1: Introduction; Chapter 2: International capital flows and macroeconomic dilemmas; Chapter 3: Unfettered finance and the persistence of instability; Chapter 4: Financial Globalization, Institutions and Growth; Chapter 5: Argentina; Chapter 6: Brazil; Chapter 7: China; Chapter 8: India; Chapter 9: Korea; Chapter 10: Final Remarks on Financial Globalization and Local Insertion; References; Index. |
| Subject |
Finance -- Developing countries -- Case studies.
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Capital movements -- Developing countries -- Case studies.
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Investments, Foreign -- Developing countries -- Case studies.
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International finance.
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BUSINESS & ECONOMICS -- Economics -- General.
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BUSINESS & ECONOMICS -- Reference.
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POLITICAL SCIENCE -- Political Economy.
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Capital movements
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Finance
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Investments, Foreign
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Developing countries
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| Indexed Term |
Economics |
| Genre/Form |
Case studies
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Case studies.
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Études de cas.
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| Other Form: |
Print version: 1783086742 9781783086740 (OCoLC)965492856 |
| ISBN |
9781783086757 (electronic bk.) |
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1783086750 (electronic bk.) |
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9781783086740 (electronic bk.) |
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1783086742 (electronic bk.) |
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9781783086764 (ePub ebook) |
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1783086769 |
| Standard No. |
AU@ 000066528236 |
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AU@ 000069155731 |
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CHNEW 001035082 |
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CHVBK 556235436 |
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UKMGB 018410654 |
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