000 02551cam a2200361 a 4500
999 _c112822
_d112822
003 BJBSDDR
005 20230411090125.0
007 ta
008 030719s2010 mdua b 001 0 eng
020 _a9780801895739 (pbk. : alk. paper)
020 _a0801895731 (pbk. : alk. paper)
035 _a(OCoLC)ocn463307526
040 _aDLC
_cDLC
_bspa
041 _aspa
050 0 0 _aHG 3881
_bW854f 2010
082 0 0 _a332/.042
_222
100 1 _aWolf, Martin,
_d1946-
245 1 0 _aFixing global finance /
_cMartin Wolf.
250 _aExpanded & updated ed.
260 _aBaltimore, Md. :
_bJohns Hopkins University Press,
_c2010.
300 _axv, 250 p. :
_bill. ;
_c23 cm.
490 0 _aForum on constructive capitalism
504 _aIncludes bibliographical references and index.
505 0 _aLearning lessons -- Blessings and perils of liberal finance -- Financial crises in the era of globalization -- From crises to imbalances -- Calm before a storm -- Toward adjustment and domestic reform -- Toward global reform -- From imbalances to the subprime financial crisis.
520 _a"The latest book from Financial Times columnist Martin Wolf explains why global imbalances cause financial crises - including the one ravaging the United States right now - and outlines the steps for ending this destructive cycle." "Reviewing global financial crises since 1980, Wolf lays bare the links between the microeconomics of finance and the macroeconomics of the balance of payments, demonstrating how the subprime lending crisis in the United States fits into a pattern that includes the economic shocks of 1997, 1998, and early 1999 in Latin America, Russia, and Asia. He explains why the United States is now the "borrower and spender of last resort," makes the case that this is an untenable arrangement, and argues that global economic security depends on the ability of emerging economies to develop robust financial systems based on domestic currencies." "Sharply and clearly argued, Wolf's prescription for fixing global finance illustrates why he has been described as "the world's preeminent financial journalist.""--BOOK JACKET.
650 0 _aInternational finance.
650 4 _aFinanzas internacionales
_92118
830 _97522
_aForum on constructive capitalism
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2lcc
_cBK
946 _idpf