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Global Capital Markets Hardback: Integration, Crisis, and Growth (Japan-Us Center ufj Bank Monographs on International Financial Markets)
Maurice Obstfeld
(Author)
·
Alan M. Taylor
(Author)
·
Cambridge University Press
· Hardcover
Global Capital Markets Hardback: Integration, Crisis, and Growth (Japan-Us Center ufj Bank Monographs on International Financial Markets) - Obstfeld, Maurice ; Taylor, Alan M.
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Synopsis "Global Capital Markets Hardback: Integration, Crisis, and Growth (Japan-Us Center ufj Bank Monographs on International Financial Markets)"
This book presents an economic history of international capital mobility in the modern era. It blends narrative and quantitative methods and connects economic outcomes to the underlying political economy of international macroeconomics. The volume demonstrates that the recent globalization can be seen, in part, as the resumption of a liberal world order that had previously been established in the years 1880-1914, but also points out that much is different in terms of its causes and consequences.