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: Plunder and Blunder: The Rise and Fall of the Bubble EconomyPlunder and Blunder: The Rise and Fall of the Bubble Economy
by - PoliPoint Press
The book chronicles the growth and collapse of the stock and housing bubbles and explains how policy blunders and greed led to the catastrophic market meltdowns. Baker offers policy prescriptions to help prevent similar financial disasters.
(3826 views)
Book cover: The Economic Geography of GlobalizationThe Economic Geography of Globalization
by - InTech
The economy is possibly the most recognized dimension of globalization. The authors of the articles in this book represent the great diversity of disciplines and methodological approaches as well as a variety of academic culture.
(5438 views)
Book cover: The Causes of the Economic CrisisThe Causes of the Economic Crisis
by - Ludwig von Mises Institute
The author presents his business cycle theory, applies it to the prevailing conditions, and discusses the policies that governments undertake that make recessions worse. He recommends a monetary reform that would provide a sustainable prosperity.
(11355 views)
Book cover: Capital at the Brink: Overcoming the Destructive Legacies of NeoliberalismCapital at the Brink: Overcoming the Destructive Legacies of Neoliberalism
by - Michigan Publishing
The book reveals the pervasiveness, destructiveness, and dominance of neoliberalism within American society and culture. The contributors also offer points of resistance to an ideology wherein everything either is for sale or is plundered for profit.
(2210 views)