The globalisation of finance : a citizen's guide / Kavaljit Singh.
Globalisation of finance has now surpassed the globalisation of production and taken on a life of its own. No longer associated with flows of real resources, international trade or productive investment, but merely attracted by short-term speculative gains, these volatile financial flows make it dif...
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| Main Author: | |
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| Format: | Book |
| Language: | English |
| Published: |
London ; New York :
Zed Books,
1999.
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| Subjects: | |
| Online Access: | Contributor biographical information |
| Summary: | Globalisation of finance has now surpassed the globalisation of production and taken on a life of its own. No longer associated with flows of real resources, international trade or productive investment, but merely attracted by short-term speculative gains, these volatile financial flows make it difficult for governments to pursue independent economic policies that are inconsistent with the interests of global finance capital. This book argues that the global economy itself has become highly vulnerable. What is now needed are effective regulatory mechanisms, backed up by citizen action, to exercise social control over global finance capital. |
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| Physical Description: | xi, 190 pages : illustrations ; 23 cm |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 0958422478 0958422486 1856496910 1856496929 8186816089 9780958422482 9781856496919 9780958422475 9781856496926 9788186816080 |