Könyv Managing International Financial Instability Fabrizio Saccomanni

Managing International Financial Instability

National Tamers Versus Global Tigers

Nyelv: Angol
Kötés: Kemény kötésű
Elérhetőség: Beszállítói készleten
Küldés 14-20 napon belül
56 105 Ft
Recurrent instability has characterized the global financial system since the 1980s. This instabilit...

Információk a könyvről

Nyelv
Angol
Kötés
Könyv - Kemény kötésű
Kiadva
2008
oldal
304
EAN
9781845421427
Enbook ID
05097068
Súly
599
Méretek
156 x 234 x 22

Teljes leírás

Recurrent instability has characterized the global financial system since the 1980s. This instability and the resultant disruptions - to financial and foreign exchange markets, causing bankruptcies and sovereign debt defaults - are linked, in this book, to shortcomings of the global financial system which tend to generate cycles of boom and bust in credit flows. These cycles are set in motion by the monetary impulses of major industrial countries and are amplified and propagated through the operation of global financial markets. Fabrizio Saccomanni argues that to counter such systemic instability requires that national authorities give adequate weight to financial stability objectives when formulating their monetary and regulatory policies. He maintains that appropriate multilateral strategies to deal with unsustainable trends in credit aggregates and asset prices should be devised in the institutions of international monetary and financial cooperation.

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