Capture and Exclude Developing Economies and the Poor in Global Finance Book Information:

thered in this book address two broad questions. What are the legacies of the imperial age and the colonial epoch, in the capitalist economy of the present day? And what challenges do global financial dynamics pose for developing countries, and for lower- and middle-income households? Increasing cross-border economic flows have attracted ever more attention. Ironically, cross-border financial relations are centuries old: they date to the birth of the modern nation-state, and, indeed, emerged under the dual shadows caste by imperialism and colonialism. Under colonialism, the financial flows were asymmetric, almost always flowing from the periphery to the core. This historical fact has a continuity in the world economy's financial core - the US, Western Europe, Japan, and newly emerging urban East Asia, and a few selected regions elsewhere. There, globalization has, in the past quarter-century, provided ever more investment and credit options for firms and consumers with access to what Marx would have called 'world money'. But any balance-sheet of the contemporary impacts of cross-border financial flows for nations outside this global core - that is, formerly colonialized and imperially dominated areas - would look quite different. Certainly, there are global 'financial citizens' in these countries, who have benefited from freer global financial flows. But, overall, these nations' macroeconomies have been compromised by contractionary policies forced on them due to recurrent cross-border financial crises; further, many micro-economic tragedies have unfolded in the wake of these macroshocks. The chapters in this book investigate three interlocking domains: the terrain of ideology about how global financial markets are supposed to work, across nations and across agents; the terrain of institutions and market structures; and the terrain of macro-economic and regulatory policy. Special attention is paid to the situation of India. This book demonstrates that, because asymmetric power rooted in imperialism and exploitation underlies the current era, exclusion and fragility are persistent features of the world in which we live.

• Book Type/Genre :

Capture and Exclude

• Book Binding :

Hardcover

• Language :

English

• Number of Pages :

Page count varies on each edition/reprint

• ISBN - 10 :

8189487264

• Capture and Exclude Developing Economies and the Poor in Global Finance Published On :

2005

• Resource:

Textbooks & Study Guides, Higher Education Textbooks, Capture and Exclude Book is recommended for Students, Teachers, Graduates, Professionals, and all bibliophiles

Disclaimer:

• Capture and Exclude Developing Economies and the Poor in Global Finance Book is not for reading online or for free download in PDF or eBook format.
• Table of Contents, Index, Syllabus, summary and image of Capture and Exclude Developing Economies and the Poor in Global Finance book may be of a different edition or of the same title.
• The Price of this product may change due to the reprinting of the book or by the publisher. For imported books, the price may change frequently due to exchange rates.
• Capture and Exclude Developing Economies and the Poor in Global Finance by Amiya Bagchi; Gary Dymski Book reviews and ratings are trustworthy and the product description given above is true to the best. The product description posted here by sellers would be updated based on the Customer's feedback, if the details are not accurate.
• The customers who have bought this product can write your best reviews and suggest the product if the item's price is low which would be helpful for the buyers interested to purchase. Read Best & Top Books related to this item
• The above Bibliographic information is specific to this book which is being listed for sale. Any Colophons printed at the end of the book is owned by book author and publisher
• Special offers, deals & discounts on this product are subject to the terms and conditions owned by the website