Buch, Englisch, 272 Seiten, Format (B × H): 146 mm x 226 mm, Gewicht: 446 g
Buch, Englisch, 272 Seiten, Format (B × H): 146 mm x 226 mm, Gewicht: 446 g
ISBN: 978-0-7456-2510-2
Verlag: Polity Press
The expansion of finance in industrialized economies, including nineteenth-century Britain and the United States, saw exactly the same kind of turbulence now afflicting Asia, Russia and Latin America. Then, the solution was to establish national banking and securities regulators, deposit insurance and lenders of last resort. But in our increasingly globalized world, the savings account you open at your local bank can be based on bad debt from anywhere in the world, including places outside the jurisdiction of those national agencies. And when banks fail, it is not just their account-holders who suffer, but all of us. This is why, argue John Eatwell and Lance Taylor in this timely and urgent book, effective regulation of the international financial system is crucial for the economic health of all nations.
Global Finance at Risk presents a compelling case for the international regulation of world financial systems. Written in a clear and accessible style and addressing one of the most critical issues in the world today, this is a book which deserves to be widely read and discussed.
Autoren/Hrsg.
Weitere Infos & Material
Preface.
1. The Privatization of Risk.
2. Liberalized Capital Markets and Global Economic Performance.
3. Exchange Rates and Capital Controls.
4. Developed Countries and the New Financial Order.
5. Developing Countries and the New Financial Order.
6. Regulation on a Global Scale.
7. A World Financial Authority.
Further Reading.
Abbreviations.
Index.