Liberalization, financial instability and economic development

Weighing up the costs and benefits of economic interdependence in a finance-driven world, this book argues that globalization, understood and promoted as absolute freedom for all forms of capital, has been oversold to the Global South, and that the South should be as selective about globalization as...

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Detalles Bibliográficos
Otros Autores: Akyüz, Yılmaz, author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: London : Anthem Press 2014.
Edición:1st ed
Colección:Anthem frontiers of global political economy.
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009655230306719
Descripción
Sumario:Weighing up the costs and benefits of economic interdependence in a finance-driven world, this book argues that globalization, understood and promoted as absolute freedom for all forms of capital, has been oversold to the Global South, and that the South should be as selective about globalization as the North. 'Liberalization, Financial Instability and Economic Development' challenges the orthodoxy on the link between financial deepening and economic growth, as well as that between the efficiency of financial markets and the benefits of liberalization. Ultimately, the author urges developing countries to control capital flows and asset bubbles, preventing financial fragility and crises, and recommends regional policy options for managing capital flows and exchange rates.
Notas:Title from publisher's bibliographic system (viewed on 02 Oct 2015).
Descripción Física:1 online resource (ix, 327 pages) : digital, PDF file(s)
Bibliografía:Includes bibliographical references at the end of each chapters.
ISBN:9781783082407