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Financialization And The World Economy.

Financialization And The World Economy.

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  • ISBN:9781843768746
  • Editorial: Edward Elgar
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  • Nº Pág.:464
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Financialization - the increasing importance of financial markets, institutions and motives in the world economy - is described and analyzed in this rigorously researched volume. The contributors, top scholars in their fields, explore the quantitative and qualitative dimensions of financialization and tally its costs and benefits for society as a whole. They explore the puzzling promotion of financial liberalization by governments despite its enormous costs, and describe what can be done to alter the destructive path toward excessive financialization that most countries are taking.

Contents: Preface Part I: Introduction and Distributional Implications Part II: Financialization and the US Economy Part III: Financialization and the International Monetary System Part IV: Policy Perspectives

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