Section Editors for this volume
I: Political Economy of Financial Globalization
Chapter 1. China and Financial Globalization
A Brief History of China’s Financial Opening
China’s Current Account and Saving Behavior in Cross-Country Context
Explanations for China’s High Saving
Chapter 2. Emerging Markets Politics and Financial Institutions
Testing the Abiad–Mody Results on a Wider Sample
Differing Influences, Across Types of Countries and Types of Reform
Chapter 3. The Political Economy of Exchange-Rate Policy
Economic Explanations of Exchange-Rate Policy: Important but Insufficient
Preferences: The Demand for Exchange-Rate Policy
Institutions and Exchange-Rate Policy
Chapter 4. Financial Institutions, International and Politics
International Financial Institutions: How Much Autonomy?
International Financial Institutions: Effects
Chapter 5. Political Economy of Foreign Aid, Bilateral
Political Economy of Aid Disbursement
Political Economy of Aid Receipt
Chapter 6. Interest Group Politics
Political Economy Models of Economic Integration
Distributional Implications of Financial Globalization
The Political Economy of Financial Globalization in Authoritarian Regimes</
Political and social forces exert pressure on our globalized economy in many forms, from formal and informal policies to financial theories and technical models. Our efforts to shape and direct these forces to preserve financial stability reveal much about the ways we perceive the financial economy. The Handbook of Safeguarding Global Financial Stability examines our political economy, particularly the ways in which these forces inhabit our institutions, strategies, and tactics. As economies expand and contract, these forces also determine the ways we supervise and regulate. This high-level examination of the global political economy includes articles about specific countries, crises, and international systems as well as broad articles about major concepts and trends..
- Substantial articles by top scholars sets this volume apart from other information sources
- Diverse international perspectives result in new opportunities for analysis and research
- Rapidly developing subjects will interest readers well into the future
Undergraduates and graduate students worldwide working in all areas of finance and economics. Researchers will typically be examining the global aspects and implications of their particular interests.
- No. of pages:
- © Academic Press 2012
- 27th November 2012
- Academic Press
- eBook ISBN:
- Hardcover ISBN:
"The Handbook of Safeguarding Global Financial Stability provides an essential resource for an integrated perspective on financial stability, incorporating advanced analysis that surpasses immediate reactions to the Global Financial Crisis. The views of key policymakers and accomplished scholars are brought together to illuminate financial stability from the perspective of the political economy, economic models, and regulatory functions."
--Heidi Mandanis Schooner, The Catholic University of America
"This book combines high academic expertise and practitioners' insights into the Global Financial Crisis. It is the kind of the book welcomed by academicians, practitioners, and policy makers who want to understand not only the complexity of this Crisis but financial crises in general."
--Roman Matousek, London Metropolitan Business School
Gerard Caprio is William Brough Professor of Economics and Chair, Center for Development Economics at Williams College. He has served as the Head of Financial Sector Policy at The World Bank and Vice President and Head of Global Economics at J.P. Morgan.
Williams College, Williamstown, MA