Liberalization, Financial Instability and Economic Development

Weighing up the costs and benefits of economic interdependence in a finance-driven world, this book argues that globalization, understood and promoted as absolute freedom for all forms of capital, has been oversold to the Global South, and that the South should be as selective about globalization as...

Full description

Bibliographic Details
Main Author: Akyüz, Yılmaz
Format: eBook
Language:English
Published: Anthem Press 2014
Subjects:
Online Access:
Collection: Directory of Open Access Books - Collection details see MPG.ReNa
LEADER 01827nma a2200277 u 4500
001 EB001976338
003 EBX01000000000000001139240
005 00000000000000.0
007 cr|||||||||||||||||||||
008 210512 ||| eng
020 |a 9781783082407 
100 1 |a Akyüz, Yılmaz 
245 0 0 |a Liberalization, Financial Instability and Economic Development  |h Elektronische Ressource 
260 |b Anthem Press  |c 2014 
653 |a Economic Development 
653 |a Business & Economics 
653 |a Development economics and emerging economies / bicssc 
653 |a Development 
041 0 7 |a eng  |2 ISO 639-2 
989 |b DOAB  |a Directory of Open Access Books 
500 |a Creative Commons (cc), https://creativecommons.org/licenses/by-nc-nd/4.0/legalcode 
856 4 2 |u https://directory.doabooks.org/handle/20.500.12854/29014  |z DOAB: description of the publication 
856 4 0 |u https://library.oapen.org/bitstream/20.500.12657/44115/1/external_content.pdf  |7 0  |x Verlag  |3 Volltext 
082 0 |a 333 
082 0 |a 330 
520 |a Weighing up the costs and benefits of economic interdependence in a finance-driven world, this book argues that globalization, understood and promoted as absolute freedom for all forms of capital, has been oversold to the Global South, and that the South should be as selective about globalization as the North. 'Liberalization, Financial Instability and Economic Development' challenges the orthodoxy on the link between financial deepening and economic growth, as well as that between the efficiency of financial markets and the benefits of liberalization. Ultimately, the author urges developing countries to control capital flows and asset bubbles, preventing financial fragility and crises, and recommends regional policy options for managing capital flows and exchange rates.