Emerging Economies and the Global Financial System
Taylor & Francis
Emerging Economies and the Global Financial SystemPost-Keynesian Analysis\nAuthor(s): Bruno Bonizzi, Annina Kaltenbrunner, Raquel A. Ramos\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780367111427, 978-0367111427\nSynopsis\nThis book provides a comprehensive overview of the financial integration of emerging economies through an in-depth analysis of the international monetary system, how it impacts capital flows and exchange rates, and its implications for policy making. \n\nThe financial integration of emerging economies has been a remarkable development of the past two decades. The growth of cross-border transactions and asset ownership, not least through the accumulation of foreign exchange reserves, has put many of these countries in a more prominent, if still peripheral, position within the global financial system. This has not been a smooth process, as integration has been marked by cyclical waves of capital flows, with fi.
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