Globalization and the International Financial System
What's Wrong and What Can Be Done
By (author) Peter Isard
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Globalization and the International Financial System by Peter Isard
Book DescriptionEconomic globalization has given rise to frequent and severe financial crises in emerging market economies. Other countries are also unsuccessful in their efforts to generate economic growth and reduce poverty. This book provides perspectives on various aspects of the international financial system that contribute to financial crises and growth failures, and discusses the remedies that economists have proposed for addressing the underlying problems. It also sheds light on a central feature of the international financial system that remains mysterious to many economists and most non-economists: the activities of the International Monetary Fund and the factors that influence its effectiveness. Dr Isard offers policy perspectives on what countries can do to reduce their vulnerabilities to financial crises and growth failures, and a number of general directions for systemic reform. The breadth of the agenda provides grounds for optimism that the international financial system can be strengthened considerably without revolutionary change.
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Book DetailsISBN: 9780521605076
(228mm x 152mm x 26mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 20-Dec-2004
Country of Publication: United Kingdom
Books By Author Peter Isard
Globalization and the International Financial System, Hardback (December 2004)
This book discusses the problematic side of the international financial system.
Exchange Rate Economics, Paperback (September 1995)» View all books by Peter Isard
A lucid and relatively easy to comprehend survey of theories of exchange rate behaviour.
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Author Biography - Peter Isard
Peter Isard is Assistant Director in the Research Department of the International Monetary Fund, where he has worked since 1985. From 1972 through 1985 Dr Isard held research and managerial positions in the International Finance Division of the Federal Reserve Board. He has published numerous articles on the behavior of exchange rates, strategies for monetary policy, and directions for reforming the international financial system. His book Exchange Rate Economics (Cambridge University Press, 1995) has been widely acclaimed.
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