Global Finance

Global Finance PDF Author: Walden Bello
Publisher: Zed Books
ISBN: 9781856497923
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
Leading thinkers, from both North and South, confront what is to be done about the clearly unstable world economic system. They examine a range of different ideas and approaches including: how do we renew the process of governance of the global economy?; can the IMF be reformed?; do we need a new World Financial Authority?; is there a case for capital controls?; can an international bankruptcy procedure be set up for countries, modelled on the USA's own domestic Chapter 11?; could the Tobin Tax on foreign currency transactions be part of the solution?; and what effective measures are needed to relieve the most deeply indebted countries?

Fixing Global Finance

Fixing Global Finance PDF Author: Martin Wolf
Publisher: JHU Press
ISBN: 0801898439
Category : Business & Economics
Languages : en
Pages : 270

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Book Description
Since 2008, when Fixing Global Finance was first published, the collapse of the housing and credit bubbles of the 2000s has crippled the world’s economy. In this updated edition, Financial Times columnist Martin Wolf explains how global imbalances helped cause the financial crises now ravaging the U.S. economy and outlines steps for ending this destructive cycle—of which this is the latest and biggest. An expanded conclusion recommends near- and long-term measures to stabilize and protect financial markets in the future. 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 became the “borrower and spender of last resort,” makes the case that this was an untenable arrangement, and argues that global economic security depends on radical reforms in the international monetary system and the ability of emerging economies to borrow sustainably in 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."

The Heretic's Guide to Global Finance

The Heretic's Guide to Global Finance PDF Author: Brett Scott
Publisher: Pluto Press
ISBN: 9780745333519
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Popular anger against bankers and financial speculators has never been greater, yet the practical workings of the system remain opaque to many people. The Heretic's Guide to Global Finance aims to bridge the gap between protest slogans and practical proposals for reform. As a stockbroker turned campaigner, Brett Scott has a unique understanding of life inside and outside the system. The Heretic's Guide to Global Finance is a practical handbook for campaigners, academics and students who wish to deepen their understanding of the inner workings of the financial sector. It shows how financial knowledge can be used to build effective social and environmental campaigns. Scott covers topics frequently overlooked, such as the cultural aspects of the financial sector, and considers major issues such as agricultural speculation, carbon markets and tar sands financing. The book shows how activists can use the internal dynamics of the sector to reform it and showcases the growing alternative finance movement.

Global Finance at Risk

Global Finance at Risk PDF Author: John Eatwell
Publisher: The New Press
ISBN: 1565846389
Category : Business & Economics
Languages : en
Pages : 258

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Book Description
Argues for a world financial authority with the power to establish worldwide, best-practice financial regulation and risk management, citing historical situations that were resolved by similar agencies. Reprint.

Development Centre Studies The Making of Global Finance 1880-1913

Development Centre Studies The Making of Global Finance 1880-1913 PDF Author: Flandreau Marc
Publisher: OECD Publishing
ISBN: 9264015361
Category :
Languages : en
Pages : 148

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Book Description
This book traces the roots of global financial integration in the first “modern” era of globalisation from 1880 to 1913 and can serve as a valuable tool to current-day policy dilemmas by using historical data to see which policies in the past led to enhanced international financing for development.

Reconceptualising Global Finance and its Regulation

Reconceptualising Global Finance and its Regulation PDF Author: Ross P. Buckley
Publisher: Cambridge University Press
ISBN: 1107100933
Category : Business & Economics
Languages : en
Pages : 485

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Book Description
Taking stock of the 2008 global financial crisis, this book provides 'outside the box' solutions for reforming international financial regulation.

Global Finance And Financial Markets: A Modern Introduction

Global Finance And Financial Markets: A Modern Introduction PDF Author: Ferdinand E Banks
Publisher: World Scientific Publishing Company
ISBN: 9813102748
Category : Business & Economics
Languages : en
Pages : 333

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Book Description
This is an elementary, up-to-date text and reference book in global finance. It has been especially designed for beginning students in economics and finance, and also for self-study by anyone with a knowledge of secondary school algebra and an interest in finance and financial markets. The subjects taken up in some details are stocks (shares), bonds, interest rates and derivatives, particularly futures, options, and swaps. There are also chapters on exchange rates and banking, and readers are provided with an elementary introduction to risk and uncertainty. The book is also an easily read supplement to more technical presentations, in that it introduces all categories of readers to real world financial markets.

The Finance Curse

The Finance Curse PDF Author: Nicholas Shaxson
Publisher: Grove Press
ISBN: 0802146384
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
An “artfully presented [and] engaging” look at the insidious effects of financialization on our lives and politics by the author of Treasure Islands (The Boston Globe). How didthe banking sector grow from a supporter of business to the biggest business in the world? Financial journalist Nicholas Shaxson takes us on a terrifying journey through the world economy, exposing tax havens, monopolists, megabanks, private equity firms, Eurobond traders, lobbyists, and a menagerie of scoundrels quietly financializing our entire society, hurting both business and individuals. Shaxson shows how we got here, telling the story of how finance re-engineered the global economic order in the last half-century, with the aim not of creating wealth but extracting it from the underlying economy. Under the twin gospels of “national competitiveness” and “shareholder value,” megabanks and financialized corporations have provoked a race to the bottom between states to provide the most subsidized environment for big business, encouraged a brain drain into finance, fostered instability and inequality, and turned a blind eye to the spoils of organized crime. From Ireland to Iowa, he shows the insidious effects of financialization on our politics and on communities who were promised paradise but got poverty wages instead. We need a strong financial system—but when it grows too big it becomes a monster. The Finance Curse is the explosive story of how finance got a stranglehold on society, and reveals how we might release ourselves from its grasp. Revised with new chapters “[Discusses] corrupt financiers in London and New York City, geographically obscure tax havens, the bizarre realm of wealth managers in South Dakota, a ravaged newspaper in New Jersey, and a shattered farm economy in Iowa . . . A vivid demonstration of how corruption and greed have become the main organizing principles in the finance industry.” —Kirkus Reviews

Global Finance

Global Finance PDF Author: Leo Gough
Publisher: John Wiley & Sons
ISBN: 1841122033
Category : Business & Economics
Languages : en
Pages : 113

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Book Description
Fast track route to mastering global finance and macreconomics Covers the key areas of global finance, from the theory of comparative advantage and the aims of the WTO/GATT to multinational business and managing forex risk Examples and lessons from some of the world's most successful businesses, including Ford, NTT DoCoMo and Nestle, and ideas from the smartest thinkers, including Paul Romer, Milton Friedman, J M Keynes, Paul Krugman and Alan Greenspan Includes a glossary of key concepts and a comprehensive resources guide

Global Finance and Development

Global Finance and Development PDF Author: David Hudson
Publisher: Routledge
ISBN: 1134612710
Category : Social Science
Languages : en
Pages : 398

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Book Description
The question of money, how to provide it, and how to acquire it where needed is axiomatic to development. The realities of global poverty and the inequalities between the ‘haves’ and the ‘have-nots’ are clear and well documented, and the gaps between world’s richest and the world’s poorest are ever-increasing. But, even though funding development is assumed to be key, the relationship between finance and development is contested and complex. This book explores the variety of relationships between finance and development, offering a broad and critical understanding of these connections and perspectives. It breaks finance down into its various aspects, with separate chapters on aid, debt, equity, microfinance and remittances. Throughout the text, finance is presented as a double-edged sword: while it is a vital tool towards poverty reduction, helping to fund development, more critical approaches remind us of the ways in which finance can hinder development. It contains a range of case studies throughout to illustrate finance in practice, including, UK aid to India, debt in Zambia, Apple’s investment in China, microfinance in Mexico, government bond issues in Chile, and financial crisis in East Asia. The text develops and explores a number of themes throughout, such as the relationship between public and private sources of finance and debates about direct funding versus the allocation of credit through commercial financial markets. The book also explores finance and development interactions at various levels, from the global structure of finance through to local and everyday practices. Global Finance and Development offers a critical understanding of the nature of finance and development. This book encourages the reader to see financial processes as embedded within the broader structure of social relationships. Finance is defined and demonstrated to be money and credit, but also, crucially, the social relationships and institutions that enable the creation and distribution of credit and the consequences thereof. This valuable text is essential reading for all those concerned with poverty, inequality and development.

Capital Rules

Capital Rules PDF Author: Rawi Abdelal
Publisher: Harvard University Press
ISBN: 0674034554
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
"The rise of global financial markets in the last decades of the twentieth century was premised on one fundamental idea: that capital ought to flow across country borders with minimal restriction and regulation. Freedom for capital movements became the new orthodoxy. In an intellectual, legal, and political history of financial globalization, Rawi Abdelal shows that this was not always the case. Transactions routinely executed by bankers, managers, and investors during the 1990s—trading foreign stocks and bonds, borrowing in foreign currencies—had been illegal in many countries only decades, and sometimes just a year or two, earlier. How and why did the world shift from an orthodoxy of free capital movements in 1914 to an orthodoxy of capital controls in 1944 and then back again by 1994? How have such standards of appropriate behavior been codified and transmitted internationally? Contrary to conventional accounts, Abdelal argues that neither the U.S. Treasury nor Wall Street bankers have preferred or promoted multilateral, liberal rules for global finance. Instead, European policy makers conceived and promoted the liberal rules that compose the international financial architecture. Whereas U.S. policy makers have tended to embrace unilateral, ad hoc globalization, French and European policy makers have promoted a rule-based, “managed” globalization. This contest over the character of globalization continues today."