Taming Global Financial Flows: Challenges and Alternatives in the Era of Financial Globalisation: A Citizen's Guide

Singh, Kavaljit

ISBN 10: 1856497844 / ISBN 13: 9781856497848

Verlag: Zed Books, London, UK, 2000

Beschreibung

Light foxing (tan spotting) to outer page edges. Small price tag on the inside front cover. Otherwise, pages clean and undamaged. No crease to the spine. Exterior covers and spine clean with a little wear to edges and corner tips. It will be bubble-wrapped and carefully packed in a sturdy box to ensure safe transit. "The global financial system, this book argues, is in turmoil. Financial liberalization has led to phasing out of regulatory mechanisms over the movement of huge sums involved in currency speculations, new financial products, offshore financial centers, secretive hedge funds and 'hot money' flows to emerging markets. The result is a degree of volatility in financial markets which threatens the orderly running of national economies. This book explains and analyses the constantly changing and complex world of global financial flows, and calls for radical reforms in a system that is now more susceptible to the whims of market sentiment than the economic policies of governments. The author enunciates certain guiding principles in order to create a more stable international financial architecture and recommends a series of concrete measures. This most timely and useful follow-up to his very successful previous book, The Globalization of Finance: A Citizen's Guide, contributes greatly to public understanding of the intricacies of global finance and to the possibilities of effective action by peoples' movements campaigning for a more just and sound financial system." -- the publishers.

Bestandsnummer des Verkäufers ABH4793

Bibliografische Details

• Titel: Taming Global Financial Flows: Challenges and Alternatives in the Era of Financial Globalisation: A Citizen's Guide
• Verlag: Zed Books, London, UK
• Veröffentlichungsdatum: 2000
• Sprache: Englisch
• ISBN-10: 1856497844
• ISBN-13: 9781856497848
• Bindung: Soft cover
• Zustand: Very Good
• Zustand des Schutzumschlags: No Jacket As Issued

Über diesen Titel

Inhaltsangabe

The global financial system, this book argues, is in serious trouble. Public figures as diverse as George Soros and the British Chancellor of the Exchequer have been calling for reform. Financial liberalization has created an absence of effective regulation over the almost unimaginable sums involved in currency speculations, new financial products, offshore financial centres, secretive hedge funds and shifts of 'hot money' to emerging markets. The result is a degree of volatility in financial markets which threatens the orderly running of national economies. The issues of financial globalization and the need to regulate global capital flows have, as a result, moved centre stage. This book explains and analyses the constantly changing and complex world of global financial flows, and calls for radical reforms in a system that is now more susceptible to the whims of market sentiment than the economic policies of governments. The author recommends certain guiding principles in order to create a more stable international financial architecture and proposes a series of concrete measures. This most timely and useful follow-up to his very successful previous book, The Globalization of Finance: A Citizen's Guide, contributes greatly to public understanding of what is involved and to the possibilities of effective action by people's movements campaigning for a more just and sound financial system. Written in a non-technical manner, this book makes the ongoing debates accessible to the non-specialist reader. It will be particularly useful for students of finance, banking and development, as well as for all those interested in issues relating to global financial regulation.

Über die Autorin bzw. den Autor

Kavaljit Singh is Director of Public Interest Research Centre, Delhi, a policy research institute working on finance, investment and developmental issues. He is the author of highly acclaimed and widely published book, The Globalization of Finance: A Citizen's Guide (DAGA, IPSR Books, Madhyam Books and Zed Books, 1998). His latest book is Taming Global Financial Flows: Challenges and Alternatives in an Era of Financial Globalization (Hong Kong University Press, DAGA, IBON Books, Madhyam Books, University Press, White Lotus and Zed Books, 2000). He is also the founder of Madhyam Books, an independent publishing house, publishing books on contemporary issues.