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Autore: | Stanley Leonardo E. |
Titolo: | Emerging market economies and financial globalization : Argentina, Brazil, China, India and South Korea / / Leonardo E. Stanley |
Pubblicazione: | London, [England] ; ; New York, [New York] : , : Anthem Press, , 2018 |
©2018 | |
Descrizione fisica: | 1 online resource (244 pages) |
Disciplina: | 330.9172/4 |
Soggetto topico: | Finance - Developing countries |
Capital movements - Developing countries | |
Investments, Foreign - Developing countries | |
Classificazione: | POL023000BUS069010BUS069020 |
Nota di bibliografia: | Includes bibliographical references and index. |
Nota di contenuto: | Machine generated contents note: Preface; Acknowledgements; Chapter 1: Introduction; Chapter 2: International capital flows and macroeconomic dilemmas; Chapter 3: Unfettered finance and the persistence of instability; Chapter 4: Financial Globalization, Institutions and Growth; Chapter 5: Argentina; Chapter 6: Brazil; Chapter 7: China; Chapter 8: India; Chapter 9: Korea; Chapter 10: Final Remarks on Financial Globalization and Local Insertion; References; Index. |
Sommario/riassunto: | In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of "controlled" financial innovations because they were enjoying from the "great moderation", Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital. |
Titolo autorizzato: | Emerging market economies and financial globalization |
ISBN: | 1-78308-676-9 |
Formato: | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione: | Inglese |
Record Nr.: | 9910283646703321 |
Lo trovi qui: | Univ. Federico II |
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