Financial Globalization and Democracy in Emerging Markets (International Political Economy Series) Book Information:

(Topics and chapters covered in detail below):

Overview & Summary ofFinancial Globalization and Democracy in Emerging Markets (International Political Economy Series) Book

When Mexico's peso crisis occurred in December 1994, all of Latin America experienced the 'tequila effect'. In January 1998, after seven months of financial turmoil in East Asia, Alan Greenspan, the normally reticent Chairman of the US Federal Reserve Bank, noted that such 'vicious cycles . . . may, in fact, be a defining characteristic of the new high-tech international financial system'. This book examines the impact of the new, highly liquid, portfolio capital flows on governments, opposition politicians, business and the work-force in such emerging market countries as Mexico, Brazil, Russia, India, Vietnam, Thailand and Indonesia. The contributors lament the economic and political strains on often fragile governments forced by global markets to reduce expenditures and employment drastically in order to defend their currencies. Possible silver linings of financial globalization include the discrediting of incumbent authoritarian regimes and external reinforcement for sound macroeconomicpolicies.

• • Book Type :

Higher Education Textbooks

• • Book Binding :

Paperback

• • Language :

English

• • Number of Pages :

376 pages

• • ISBN - 10 :

0333930673

• • Financial Globalization and Democracy in Emerging Markets (International Political Economy Series) Published On :

8 Mar 2001

• • Resource:

Textbooks & Study Guides, Higher Education Textbooks Books for Students, Teachers, Graudates, Professionals and all others

Disclaimer:

• Financial Globalization and Democracy in Emerging Markets (International Political Economy Series) Book is not for reading online or for free download in PDF or eBook format.
• Table of Contents,Index,Syllabus,summary and image of Financial Globalization and Democracy in Emerging Markets (International Political Economy Series) book may be of a different edition or of the same title.
• Price can change due to reprinting, price change by publisher or sourcing cost change for imported books.
• Financial Globalization and Democracy in Emerging Markets (International Political Economy Series) by Author: Book reviews and ratings are trustworthy and product description given above are true to the best. Product Description posted here by sellers would be updated based on the Customers feedback, if the details are not accurate.
• Customers who 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 listed for sale
• Special offers, deals & discounts on this product are subject to the terms and conditions of the website