000 01306nam a2200145Ia 4500
020 _a978-0521605076
100 _aIsard, Peter
245 _aGlobalization and the international financial system: what's wrong and what can be done
260 _c2005
_bCambridge University Press
_aNew York
300 _axiii,370p
_b23 cm ; Pbk
500 _aRs.995/-
520 _a Economic globalization has given rise to frequent and severe financial crises in emerging market economies. Other countries are also unsuccessful in their efforts to generate economic growth and reduce poverty. This book provides perspectives on various aspects of the international financial system that contribute to financial crises and growth failures, and discusses the remedies that economists have proposed for addressing the underlying problems. It also sheds light on a central feature of the international financial system that remains mysterious to many economists and most non-economists: the activities of the International Monetary Fund and the factors that influence its effectiveness. Dr Isard offers policy perspectives on what countries can do to reduce their vulnerabilities to financial crises and growth failures, and a number of general directions for systemic reform.
650 _aFinancial economics
942 _cBK
999 _c88784
_d88784