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: USA Economy In BriefUSA Economy In Brief
by - U.S. Department of State
This book discusses the factors that make the U.S. economy the world's most productive, competitive, and influential. It focuses on workers and productivity, small and large business, service economy, goods and services, the role of government, etc.
(4662 views)
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.
(3346 views)
Book cover: Charade of the Debt CrisisCharade of the Debt Crisis
by - MintKit Press
In complex fields such as finance and economics, a common blunder involves a mix-up between the destination and the journey. The confusion is showcased by the hoopla during the financial crisis of 2008 in tandem with the debt crisis in Europe...
(2886 views)
Book cover: The Global Economic Crisis: Systemic Failures and Multilateral RemediesThe Global Economic Crisis: Systemic Failures and Multilateral Remedies
- UNCTAD
The report highlights the areas in which the global economy experienced systemic failures. UNCTAD examines some of the problems to be tackled immediately because they can only be addressed through recognition of their multilateral dimensions.
(10390 views)