Download Full eBooks in PDF
Financial Globalization Economic Growth And The Crisis Of 2007 2009 Book in PDF, ePub and Kindle version is available to download in english. Read online anytime anywhere directly from your device. Click on the download button below to get a free pdf file of Financial Globalization Economic Growth And The Crisis Of 2007 2009 book. This book definitely worth reading, it is an incredibly well-written.
Author : Anonim
Publisher : Peterson Institute
Page : 394 pages
File Size : 46,8 Mb
Release : 2024-06-28
Category : Electronic
ISBN : 9780881325560
Author : William R. Cline
Publisher : Peterson Institute
Page : 361 pages
File Size : 41,8 Mb
Release : 2010
Category : Business & Economics
ISBN : 088132499X
"This is a careful and comprehensive survey of the literature of the last decade on growth and financial globalization. Secondarily, the book includes a useful explanation of some of the major policies and decisions made during the financial crisis. The book is thorough and very clearly written....It's potentially very useful for advanced undergraduate and graduate courses on financial globalization, particularly ones that stress economic modeling and empirics."---Kenneth S. Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University "Cline's overview of financial globalization and economic growth...will be an invaluable resource for anyone doing research in this field. His painstaking gathering, analysis, and comments on the empirical work in this area will make this a must-have volume to all researchers."---Gerard Caprio, Jr., Chair, Center for Development Economics, and Professor of Economics, Williams College "This book does an excellent job of summarizing the empirical literature on openness to international capital flows and economic growth....In light of the crisis of 2007-2009, there will clearly be a reassessment of the relationship between policies regarding financial globalization and economic outcomes in the short and long runs. This book provides a sound foundation on which that reassessment can flourish."---Ross Levine, James and Merryl Tisch Professor of Economics and Director, William R. Rhodes Center in International Economics & Finance, Brown University
Author : Fikret Čaušević
Publisher : Springer
Page : 179 pages
File Size : 53,7 Mb
Release : 2017-03-21
Category : Business & Economics
ISBN : 9783319514031
This book focuses on the impact of financial liberalisation and globalisation on economic growth and inequality worldwide over the past quarter century. It places a particular emphasis on the first fourteen years of this century. It begins by exploring certain assumptions developed as a result of early works in the field, providing a critical review of some of the most important academic works published over the past twenty years. It then goes on to present a comparative measurement of the economic performance of key countries for which data is available in the World Bank database, including G-10 countries, EU countries, and fastest growing countries like China, India, and small-open oil-producing economies.
Author : Frederic S. Mishkin
Publisher : Princeton University Press
Page : 321 pages
File Size : 40,6 Mb
Release : 2009-10-08
Category : Business & Economics
ISBN : 9781400829446
Many prominent critics regard the international financial system as the dark side of globalization, threatening disadvantaged nations near and far. But in The Next Great Globalization, eminent economist Frederic Mishkin argues the opposite: that financial globalization today is essential for poor nations to become rich. Mishkin argues that an effectively managed financial globalization promises benefits on the scale of the hugely successful trade and information globalizations of the nineteenth and twentieth centuries. This financial revolution can lift developing nations out of squalor and increase the wealth and stability of emerging and industrialized nations alike. By presenting an unprecedented picture of the potential benefits of financial globalization, and by showing in clear and hard-headed terms how these gains can be realized, Mishkin provides a hopeful vision of the next phase of globalization. Mishkin draws on historical examples to caution that mismanagement of financial globalization, often aided and abetted by rich elites, can wreak havoc in developing countries, but he uses these examples to demonstrate how better policies can help poor nations to open up their economies to the benefits of global investment. According to Mishkin, the international community must provide incentives for developing countries to establish effective property rights, banking regulations, accounting practices, and corporate governance--the institutions necessary to attract and manage global investment. And the West must be a partner in integrating the financial systems of rich and poor countries--to the benefit of both. The Next Great Globalization makes the case that finance will be a driving force in the twenty-first-century economy, and demonstrates how this force can and should be shaped to the benefit of all, especially the disadvantaged nations most in need of growth and prosperity.
Author : Jeanne Barnett
Publisher : Unknown
Page : 0 pages
File Size : 40,7 Mb
Release : 2015
Category : Economic development
ISBN : 163483481X
The impact of the Global Financial Crisis was felt in 2008 and its repercussions are still with us today. In this book, the authors set the context for examining the crisis by looking at a regional crisis that occurred a decade earlier but whose lessons about financial fragility were soon forgotten. The authors then move to the present and discuss the views of a number of economics who to various degrees predicted or forewarned of the impending crisis. In the second chapter, the elements that caused the latest and current problems in the U.S. and consequently to all economies of the world, due to the systemic risk of globalisation, are determined. The third chapter advocates the intangible and tacit knowledge in the knowledge based society of the 21st century, exacerbates the problem of moral agency in today's organisations, making the boundaries and accountability of decision-making especially vague and ambiguous. The authors apply this concept as a means to enhance the moral agency to organisations in the context of the knowledge based society, and as a key part of responsible leadership after the global financial crisis of 2008. The fourth chapter reviews aspects of the new rules that apply to investment firms and to banks, making comment on individual provisions as necessary. In the last chapter, the serious effects of a bubble and its burst in small countries in Central and Eastern Europe are looked at and discussed in detail.
Author : D. Das
Publisher : Springer
Page : 304 pages
File Size : 44,9 Mb
Release : 2010-07-16
Category : Business & Economics
ISBN : 9780230289949
The recent crisis has redrawn attention to financial globalization. Dilip Das examines under what circumstances it can be welfare-enhancing and lead to rapid economic growth. Written in an accessible style, the book gives the latest insights on the topic.
Author : Mr.Stijn Claessens,Neeltje van Horen
Publisher : International Monetary Fund
Page : 50 pages
File Size : 48,7 Mb
Release : 2014-10-27
Category : Business & Economics
ISBN : 9781498358569
Although cross-border bank lending has fallen sharply since the crisis, extending our bank ownership database from 1995-2009 up to 2013 shows only limited retrenchment in foreign bank presence. While banks from OECD countries reduced their foreign presence (but still represent 89% of foreign bank assets), those from emerging markets and developing countries expanded abroad and doubled their presence. Especially advanced countries hit by a systemic crisis reduced their presence abroad, with far flung and relatively small investments more likely to be sold. Poorer and slower growing countries host fewer banks today, while large investments less likely expanded. Conversely, faster host countries’ growth and closeness to potential investors meant more entry. Lending by foreign banks locally grew more than cross-border bank claims did for the same home-host country combination, and each was driven by different factors. Altogether, our evidence shows that global banking is not becoming more fragmented, but rather is going through some important structural transformations with a greater variety of players and a more regional focus.
Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 87 pages
File Size : 52,8 Mb
Release : 2003-12-02
Category : Business & Economics
ISBN : 9781498329835
NULL
Author : Commission on Growth and Development
Publisher : World Bank Publications
Page : 85 pages
File Size : 43,7 Mb
Release : 2010-01-05
Category : Business & Economics
ISBN : 0821381660
This special report by the Commission on Growth and Development assesses the 2008 financial crisis' longer term impact on developing countries, explains how developing countries can make themselves more resilient in the face of such blows, and examines what international institutions and forums can do to help.
Author : Shalendra D. Sharma
Publisher : Cambridge University Press
Page : 405 pages
File Size : 51,7 Mb
Release : 2014
Category : Business & Economics
ISBN : 9781107027206
This book is an authoritative account of the economic and political roots of the 2008 financial crisis. It examines why it was triggered in the United States, why it morphed into the Great Recession, and why the contagion spread with such ferocity around the globe. It also examines how and why economies - including the Eurozone, Russia, China, India, East Asia, and the Middle East - have been impacted and explores their response to the unprecedented challenges of the crisis and the effectiveness of their policy measures. Global Financial Contagion specifically looks at how the Obama administration's policy missteps have contributed to America's huge debt and slow recovery, why the Eurozone's response to its existential crisis has become a never-ending saga, and why the G-20's efforts to create a new international financial architecture may fall short. This book will long be regarded as the standard account of the crisis and its aftermath.
Author : Sebastiano Fadda,Pasquale Tridico
Publisher : Unknown
Page : 0 pages
File Size : 48,6 Mb
Release : 2015-02-27
Category : Capitalism
ISBN : 1138901822
This book seeks to explain the global financial crisis and its wider economic, political, and social repercussions, arguing that the 2007-9 meltdown was in fact a systemic crisis of the capitalist system. The volume makes these points through the exploration of several key questions: What kind of institutional political economy is appropriate to explain crisis periods and failures of crisis-management? Are different varieties of capitalism more or less crisis-prone, and can the global financial crisis can be attributed to one variety more than others? What is the interaction between the labour market and the financialization process? The book argues that each variety of capitalism has its own specific crisis tendencies, and that the uneven global character of the crisis is related to the current forms of integration of the world market. More specifically, the 2007-09 economic crisis is rooted in the uneven income distribution and inequality caused by the current financial-led model of growth. The book explains how the introduction of more flexibility in the labour markets and financial deregulation affected everything from wages to job security to trade union influence. Uneven income distribution and inequality weakened aggregate demand and brought about structural deficiencies in aggregate demand and supply. It is argued that the process of financialization has profoundly changed how capitalist economies operate. The volume posits that financial globalization has given rise to growing international imbalances, which have allowed two growth models to emerge: a debt-led consumption growth model and an export-led growth model. Both should be understood as reactions to the lack of effective demand due to the polarization of income distribution.
Author : Eswar S. Prasad,Ayhan Kose
Publisher : Rowman & Littlefield
Page : 225 pages
File Size : 55,9 Mb
Release : 2011-02-01
Category : Business & Economics
ISBN : 9780815705659
Emerging market economies (EMEs) have become the darlings of international investors and the focus of enormous attention in academic, media, and policy circles. M. Ayhan Kose and Eswar Prasad present the definitive account of the evolution of EMEs and use the lens of the global financial crisis to evaluate their strengths and weaknesses. Led by a set of large and dynamic countries—including Brazil, China, India, and Russia—EMEs have become a dominant presence in the world economy. They now account for a substantial share of world output and have been a major driver of global growth during the past decade. They are significant players in international trade and financial flows and are beginning to exert rising clout in global policy debates. However, the financial crisis of 2007–09 and the worldwide recession that followed cast a pall over the notion that EMEs had become self-reliant and "decoupled" from demand conditions in and financial flows from advanced countries. Kose and Prasad, prominent experts on emerging market economies and globalization, draw on their extensive research to assess the resilience of EMEs in the face of the global financial crisis. Their analysis shows that EMEs, as a group, weathered the crisis much better than the advanced countries, and most of these economies have bounced back rapidly from the global recession. The authors track down the reasons for this resilience and explain why some countries in this group have done better than others. Based on this analysis, they draw lessons for the durability and sustainability of these economies' long-term growth. This book is important reading for anyone trying to anticipate the future growth of emerging markets or contemplating business opportunities in these economies.
Author : Financial Crisis Inquiry Commission
Publisher : Cosimo, Inc.
Page : 692 pages
File Size : 46,6 Mb
Release : 2011-05-01
Category : Political Science
ISBN : 9781616405410
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Author : Dilip K. Das
Publisher : Routledge
Page : 222 pages
File Size : 48,6 Mb
Release : 2013-07-03
Category : Business & Economics
ISBN : 9781136705953
The global financial crisis of 2007-09, and the Great Recession that it engendered, were both a challenge and an opportunity for Asia. The region not only remained unharmed by the global financial crisis initially but also recovered the fastest. In addition, it was also the principal driver of the global recovery. This book analyzes the impact of the global financial crisis and the Great Recession on the Asian economy. Chapters look at the most significant issues related to the Asian economy during the crisis, how it coped with them and how it eventually emerged from them. Dilip K. Das discusses how the Asian economy, particularly the emerging-market economies, spearheaded the recovery of the global economy from the global financial crisis and recession, and goes on to look at how this is of historical significance. Written in a clear, comprehensive and critical manner, this book covers the contemporary academic and policy debates on Asia’s role in the world economy. As such, it is an essential read for students, researchers and public policy professionals interested in Asian Economics as well as studies in the International Political Economy.
Author : United Nations Conference on Trade and Development
Publisher : UN
Page : 350 pages
File Size : 51,5 Mb
Release : 2010
Category : Business & Economics
ISBN : UCBK:C107424263
As a response to the global financial and economic crisis that began in 2008, many developing and emerging-market economies undertook resolute countercyclical monetary and fiscal actions, which paralleled those of the developed countries. These policy responses contributed significantly to the recovery of the world economy in 2010 and 2011. In particular, the strong and fast responses of Brazil, China and India helped mitigate deflationary risks and avoid a repetition of the Great Depression of the early 1930s. On the other hand, reforms of financial regulation and supervision are taking time to advance, and little progress has been achieved so far in implementing measures to reduce global imbalances and to avoid a malfunctioning of the international exchange-rate system. These would contribute to greater coherence between the international trading and financial systems, and to creating a more stable international economic environment for development. This is a collection of papers that contribute to the debate on these topics, putting the South at centre stage. It examines how the countries of the South were affected by the global economic and financial crisis, and how they responded to it.
