Global Capital Markets 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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Obstfeld, Maurice/ Taylor, Alan M. 作者

Cambridge Univ Pr

译者

2005-9 出版日期

374 页数

$ 44.07 价格

Pap

丛书系列

9780521671798 图书编码

Global Capital Markets 在线电子书图书标签: 经济金融政治学国际政治经济学国际关系

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Global Capital Markets 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Global Capital Markets 在线电子书图书描述

This 2004 book presents an economic survey of international capital mobility from the late nineteenth century to the present. The authors examine the theory and empirical evidence surrounding the fall and rise of integration in the world market. A discussion of institutional developments focuses on capital controls and the pursuit of macroeconomic policy objectives in shifting monetary regimes. The Great Depression emerges as the key turning point in recent history of international capital markets, and offers important insights for contemporary policy debates. Its principal legacy is that the return to a world of global capital is marked by great unevenness in outcomes regarding both risks and rewards of capital market integration. More than in the past, foreign investment flows largely from rich countries to other rich countries. Yet most financial crises afflict developing countries, with costs for everyone.

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