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: Transforming Global Information and Communication MarketsTransforming Global Information and Communication Markets
by - The MIT Press
This examination of information and communication technology from an economy perspective argues that continued rapid innovation and economic growth require new approaches that will reconcile diverse interests and enable competition to flourish.
(13298 views)
Book cover: Bourbon for Breakfast: Living Outside the Statist QuoBourbon for Breakfast: Living Outside the Statist Quo
by - Ludwig von Mises Institute
The state makes a mess of everything it touches. Tucker proposes this path: see how the state has distorted daily life, rethink how things would work without the state, and fight against the intervention in every way that is permitted.
(9160 views)
Book cover: America's Great DepressionAmerica's Great Depression
by - Ludwig Von Mises Institute
A staple of modern economic literature, crucial for understanding a pivotal event in American and world history. It is the definitive treatment of the causes of the depression. The book remains canonical today because the debate is still very alive.
(13739 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.
(11566 views)