Global Imbalances and the Collapse of Globalised Finance
by Anton Brender, Florence Pisani
Publisher: Centre for European Policy Studies 2010
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.
Download or read it online for free here:
Download link
(8.1MB, PDF)
Similar books
by Jacqueline Best - Cambridge University Press
In contrast to the structural adjustment era when policymakers were confident that they had all the answers, the author argues that we are now in an era of provisional governance. This book considers the implications of this shift ...
(7376 views)
by Dean Baker - 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.
(8334 views)
by Jolanta Iwin-Garzynska - InTech
Taxes will always introduce risks and uncertainties in business, due to the high volatility and uncertainty of tax law. Moreover, being a category that affects the economic growth, they cause disturbances in stability and welfare of the state.
(5890 views)
by David Gewirtz - ZATZ Publishing
A disturbing look into how changes worldwide have created enormous disruption in the very nature of jobs in America. Ideas and innovative approaches for policy change that could make a real difference and help save and create jobs in America.
(9500 views)