Liberalization, Financial Instability and Economic Development
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Liberalization, Financial Instability and Economic Development

Liberalization, Financial Instability and Economic Development


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About the Book

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.
About the Author:

Yılmaz Akyüz is chief economist at the South Centre, an intergovernmental think tank for developing countries based in Geneva, Switzerland.


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Product Details
  • ISBN-13: 9781783082292
  • Publisher: Anthem Press
  • Publisher Imprint: Anthem Press
  • Depth: 32
  • Language: English
  • Returnable: N
  • Spine Width: 28 mm
  • Width: 155 mm
  • ISBN-10: 1783082291
  • Publisher Date: 01 May 2014
  • Binding: Hardback
  • Height: 231 mm
  • No of Pages: 327
  • Series Title: Anthem Frontiers of Global Political Economy
  • Weight: 662 gr


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