Financial Liberalization and Macroeconomic Stability

Financial Liberalization and Macroeconomic Stability

by Torben M. Andersen
     
 

This volume examines the causes of the very volatile financial markets and exchange rate crises recently experienced, particularly in a number of European countries, and considers the implications for business cycle fluctuations and economic policy. It will attempt to clarify whether these developments can be attributed to further capital market liberalization,

Overview

This volume examines the causes of the very volatile financial markets and exchange rate crises recently experienced, particularly in a number of European countries, and considers the implications for business cycle fluctuations and economic policy. It will attempt to clarify whether these developments can be attributed to further capital market liberalization, financial innovations, etc., or whether they are the product of business cycle changes in combination with shifts in the focus of economic policy towards less activism and low inflation. Issues related to the functioning of financial and exchange rate markets, the possibility of controlling these markets, the gains from liberalization and the implications for economic policy will also be covered.

Product Details

ISBN-13:
9780631203490
Publisher:
Wiley
Publication date:
08/12/1997
Series:
Scandinavian Journal of Economics Series
Pages:
162
Product dimensions:
9.00(w) x 6.00(h) x 0.35(d)

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >