Financial markets, money, and the real world / Paul Davidson.
This book seeks to explain the financial crisis of the 1990s, explores its consequences, and considers the possibility of worse in the future. The book emphasizes the central role of domestic and international markets in determining the economic growth rate, unemployment levels, and the internationa...
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| Main Author: | |
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| Format: | Ebook |
| Language: | English |
| Published: |
Cheltenham, UK ; Northampton, MA :
Edward Elgar,
[2002]
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| Subjects: | |
| Online Access: | EBSCO eBooks |
| Summary: | This book seeks to explain the financial crisis of the 1990s, explores its consequences, and considers the possibility of worse in the future. The book emphasizes the central role of domestic and international markets in determining the economic growth rate, unemployment levels, and the international payments position of capitalist economies. It then identifies the creation of liquid markets as a major tendency of these domestic and international markets, and as a key obstacle to efficiency and prosperity. Statistical evidence and theoretical analysis support the arguments against liberalizing markets. |
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| Physical Description: | 1 online resource (ix, 265 pages) : illustrations |
| Format: | Mode of access: World Wide Web. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 1283216523 1843765586 9781283216524 9781843765585 |