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...

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Главный автор: Akyüz, Yılmaz
Формат: Online
Язык:английский
Опубликовано: Anthem Press 2021
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Online-ссылка:https://library.oapen.org/handle/20.500.12657/44115
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author Akyüz, Yılmaz
author_browse Akyüz, Yılmaz
author_facet Akyüz, Yılmaz
author_sort Akyüz, Yılmaz
collection Directory of Open Access Books
description 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.
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publishDate 2021
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publisher Anthem Press
publisherStr Anthem Press
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spelling doab-20.500.12854ir-290142025-07-30T13:26:43Z Liberalization, Financial Instability and Economic Development Akyüz, Yılmaz Business & Economics Development Economic Development thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies 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. 2021-02-10T12:58:18Z 2020-12-15T14:25:33Z 2014 book https://library.oapen.org/handle/20.500.12657/44115 9781783082407 https://directory.doabooks.org/handle/20.500.12854/29014 eng open access image/jpeg image/jpeg image/jpeg image/jpeg image/jpeg n/a n/a n/a n/a n/a https://library.oapen.org/bitstream/20.500.12657/44115/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/44115/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/44115/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/44115/1/external_content.pdf https://library.oapen.org/bitstream/20.500.12657/44115/1/external_content.pdf Anthem Press Anthem Press 59273844-64fe-49c8-95f1-50c944bee7e9 Knowledge Unlatched 9781783082407 Knowledge Unlatched (KU) KU Select 2019: HSS Backlist Books Anthem Press open access
spellingShingle Business & Economics
Development
Economic Development
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
Akyüz, Yılmaz
Liberalization, Financial Instability and Economic Development
title Liberalization, Financial Instability and Economic Development
title_full Liberalization, Financial Instability and Economic Development
title_fullStr Liberalization, Financial Instability and Economic Development
title_full_unstemmed Liberalization, Financial Instability and Economic Development
title_short Liberalization, Financial Instability and Economic Development
title_sort liberalization financial instability and economic development
topic Business & Economics
Development
Economic Development
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
topic_facet Business & Economics
Development
Economic Development
thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
url https://library.oapen.org/handle/20.500.12657/44115
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