The Whip of Global Finance: International Monetary and Financial Subordination and (Under)development - Couverture souple

Bortz, Pablo G.; Kaltenbrunner, Annina; D’Orsi, Riccardo

Couverture souple

ISBN 10 : 1009357891 ISBN 13 : 9781009357890

Editeur : Cambridge University Press, 2026

Synopsis

The Element presents a Minskyan conceptualization to analyse the International Monetary and Financial Subordination (IMFS) of developing and emerging economies (DECs), with a focus on its transformations in the 21st century. We examine changes in external assets and liabilities of DECs, trace their implications in paradigmatic case studies, and derive consequences for macro-financial policy. As a novel contribution, we identify structural transformations in the external asset position of DECs that open new vulnerabilities, challenges, and possibilities in the context of IMFS. We critically assess the mainstream policy consensus in relation to IMFS and highlight its limitations. Against this, we set out general principles for an alternative approach to policy-making grounded in the contemporary challenges facing DECs.

Détails de l'édition

• Éditeur: Cambridge University Press
• Date d'édition: 2026
• Langue: anglais
• ISBN 10: 1009357891
• ISBN 13: 9781009357890
• Reliure: Broché
• Nombre de pages: 98
• Coordonnées du fabricant: non disponible
• Personne responsable: Avery; https://www.avery.fr/; ; chemin des peupliers 27; Dardilly; France