| Description |
xvi,212 pages : illustrations ; 25 cm |
| Contents |
1. The Expansion and Globalization of Financial Markets. I. The Rapid Expansion of International Finance. II. The Global Information Revolution and Global Finance. III. Governmental Deregulation and International Finance. IV. Financial Market Globalization and Interest Rate Parity. V. Financial Strategy Parities -- 2. Financial Market Globalization and New Trade Patterns. I. Saver and Dissaver Countries. II. Case Study of US-Foreign Trade, 1981-. III. New Definitions of Trade and the Folly of Protectionism -- 3. New Uses and Forms of Money, Monetary Velocity, and Wealth Transfers. I. Transactions and Asset Demands for Money, and Monetary Velocity. II. Financial Globalization and Monetary Velocity. III. The Decline of (m1) Income Velocity in the US. IV. The Decline of (m1) Income Velocity in the UK and Germany. V. The Recent History of Money and Wealth. VI. Policy Implications -- Appendix. Regressions of US (m1) Income Velocity and Related Variables |
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4. Financial Crises and Recession. I. Common Patterns. II. The 1982 Recessionary Period. III. The Stock Market Crash of 1987. IV. The World Debt Crisis, 1982-. V. The Early 1990s Recessionary Period. VI. The 1994-95 Mexican Crisis. VII. Japan's Crisis, 1989-. VIII. Asia's Crisis, 1997- -- 5. International Adjustments and Political Responses. I. A New Political Economy of Money. II. The Role of the G7. III. The Role of the World Bank and the IMF. IV. National Strategies in the Global Economy. V. Conclusions |
| Summary |
"This book explains the rise and fall of economies in Asia, Central America and Europe since 1980 and discusses these crises in the context of continuing economic globalization."--BOOK JACKET. "Roy Allen provides policy recommendations for the G7, World Bank, IMF and various nations which will also prove invaluable to students and scholars of financial economics, international economics and international political economy."--BOOK JACKET |
| Analysis |
Economic recession |
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Financial crises |
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Financial services |
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Globalisation |
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International comparisons |
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Overseas item |
| Notes |
Includes index |
|
Previous ed.: 1994 |
| Bibliography |
Includes bibliographical references (pages 199-204) and index |
| Subject |
Economic history -- 1990-
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Financial crises.
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International finance.
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Recessions.
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| LC no. |
99021908 |
| ISBN |
1840640871 |
|
1840646322 (paperback) |
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