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Financial Instability and the International Debt Problem

263,98 
263,98 
2025-07-31 263.9800 InStock
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Knygos aprašymas

The authors argue clearly and convincingly in this book that the debt crisis which has plagued the world economy for the past ten years is due to the inherent fragility of financial markets. Governments, financial institutions and borrowers, including developing countries, have simply expected too much from these markets. In a world of volatile interest rates, exchange rates and uncertain government policy, it is virtually impossible for financial institutions to effectively distinguish fundamental shifts in economic activity from random shocks.

Informacija

Autorius: Stephen Thomas, George McKenzie,
Serija: Southampton Series in International Economics
Leidėjas: Palgrave Macmillan UK
Išleidimo metai: 1992
Knygos puslapių skaičius: 224
ISBN-10: 1349217328
ISBN-13: 9781349217328
Formatas: Knyga minkštu viršeliu
Kalba: Anglų
Žanras: Macroeconomics

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