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Financial Instability & the Internationa (Southampton Series in Internat)
George (Di McKenzie
€ 193.93
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Description for Financial Instability & the Internationa (Southampton Series in Internat)
Hardcover. The conclusion reached in this book is that the debt crisis which has plagued the world economy for the past ten years is due to the inherent fragility of financial markets. In the light of this, the authors evaluate recent proposals to harmonize international bank regulations. Series: Southampton series in international economics. Num Pages: 220 pages, biography. BIC Classification: KCLF. Category: (P) Professional & Vocational; (UP) Postgraduate, Research & Scholarly; (UU) Undergraduate. Dimension: 216 x 140 x 18. Weight in Grams: 417.
The authors argue clearly and convincingly in this book that the debt crisis which has plagued the world economy for the past ten years is due to the inherent fragility of financial markets. Governments, financial institutions and borrowers, including developing countries, have simply expected too much from these markets. In a world of volatile interest rates, exchange rates and uncertain government policy, it is virtually impossible for financial institutions to effectively distinguish fundamental shifts in economic activity from random shocks.
The authors argue clearly and convincingly in this book that the debt crisis which has plagued the world economy for the past ten years is due to the inherent fragility of financial markets. Governments, financial institutions and borrowers, including developing countries, have simply expected too much from these markets. In a world of volatile interest rates, exchange rates and uncertain government policy, it is virtually impossible for financial institutions to effectively distinguish fundamental shifts in economic activity from random shocks.
Product Details
Format
Hardback
Publication date
1991
Publisher
Palgrave Macmillan
Number of pages
224
Condition
New
Series
Southampton series in international economics
Number of Pages
211
Place of Publication
Basingstoke, United Kingdom
ISBN
9780333464199
SKU
V9780333464199
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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