Liberalization, Financial Instability and Economic Development

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...

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Bibliographic Details
Main Author: Akyüz, Yılmaz (auth)
Format: Book Chapter
Published: Anthem Press 2014
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Online Access:Get Fullteks
DOAB: description of the publication
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072 7 |a KCM  |2 bicssc 
100 1 |a Akyüz, Yılmaz  |4 auth 
245 1 0 |a Liberalization, Financial Instability and Economic Development 
260 |b Anthem Press  |c 2014 
506 0 |a Open Access  |2 star  |f Unrestricted online access 
520 |a 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. 
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546 |a English 
650 7 |a Development economics & emerging economies  |2 bicssc 
653 |a Business & Economics 
653 |a Development 
653 |a Economic Development 
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856 4 0 |a www.oapen.org  |u https://directory.doabooks.org/handle/20.500.12854/29014  |7 0  |z DOAB: description of the publication