Managing International Financial Instability: National Tamers Versus Global Tigers - Couverture souple

Saccomanni, Fabrizio

 
9781849800310: Managing International Financial Instability: National Tamers Versus Global Tigers
Couverture souple
ISBN 10 : 1849800316 ISBN 13 : 9781849800310
Editeur : Edward Elgar Publishing Ltd, 2009

Synopsis

Recurrent instability has characterized the global financial system since the 1980s, eventually leading to the current global financial crisis. This instability and the resultant disruptions - sovereign debt defaults, exchange rate misalignments, financial market illiquidity and asset price bubbles - are linked, in this book, to the shortcomings of the global financial system which tends 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 International Monetary Fund in the context of a strengthened framework to deal with global payments imbalances and exchange rate misalignments.

Providing a comprehensive historical and analytical survey of the causes, consequences and possible cures of international financial instability, this book will be of great interest to students and academics of international economics and finance. It will also appeal to financial market participants and analysts, government officials and central bankers as a comprehensive survey of the relevant academic literature and of the state of the policy debate.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l?auteur

Fabrizio Saccomanni, Minister of Economy and Finance and EIB Governor for the Italian Republic

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2009
Langue
anglais
ISBN 10 
1849800316
ISBN 13 
9781849800310
Reliure
Broché
Nombre de pages
304
Coordonnées du fabricant
non disponible
Personne responsable
non disponible

Autres éditions populaires du même titre

9781845421427: Managing International Financial Instability: National Tamers Versus Global Tigers

Edition présentée

ISBN 10 :  1845421426 ISBN 13 :  9781845421427
Editeur : Edward Elgar Publishing Ltd, 2008
Couverture rigide