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Financial liberalization and macroeconomic stability / edited by Torben M. Anderson and Karl O. Moene

By: Material type: TextTextPublication details: Oxford; BlAckwell; 1996Description: 153 pSubject(s): DDC classification:
  • 339.5 FIN
Summary: This volume examines the causes of the very volatile financial markets and exchange rate crises recently experienced, particularly in a number of European countries, and considers the implications for business cycle fluctuations and economic policy. It will attempt to clarify whether these developments can be attributed to further capital market liberalization, financial innovations, etc., or whether they are the product of business cycle changes in combination with shifts in the focus of economic policy towards less activism and low inflation. Issues related to the functioning of financial and exchange rate markets, the possibility of controlling these markets, the gains from liberalization and the implications for economic policy will also be covered.
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Item type Current library Call number Status Date due Barcode Item holds
Books Books Gandhi Smriti Library 339.5 FIN (Browse shelf(Opens below)) Available 81725
Total holds: 0

This volume examines the causes of the very volatile financial markets and exchange rate crises recently experienced, particularly in a number of European countries, and considers the implications for business cycle fluctuations and economic policy. It will attempt to clarify whether these developments can be attributed to further capital market liberalization, financial innovations, etc., or whether they are the product of business cycle changes in combination with shifts in the focus of economic policy towards less activism and low inflation. Issues related to the functioning of financial and exchange rate markets, the possibility of controlling these markets, the gains from liberalization and the implications for economic policy will also be covered.

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