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Global Imbalances and the Collapse of Globalised Finance paperback Used - Very
US $11,92
CircaEUR 10,17
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Numero oggetto eBay:387626972309
Specifiche dell'oggetto
- Condizione
- Book Title
- Global Imbalances and the Collapse of Globalised Finance
- ISBN
- 9789290799436
Informazioni su questo prodotto
Product Identifiers
Publisher
Center for European Policy Studies
ISBN-10
9290799439
ISBN-13
9789290799436
eBay Product ID (ePID)
80499352
Product Key Features
Number of Pages
150 Pages
Language
English
Publication Name
Global Imbalances and the Collapse of Globalised Finance
Subject
Exports & Imports, Economic History, International / Economics, International Relations / Trade & Tariffs, Globalization
Publication Year
2010
Type
Textbook
Subject Area
Political Science, Business & Economics
Format
Trade Paperback
Dimensions
Item Weight
14.5 Oz
Item Length
9.5 in
Item Width
6.8 in
Additional Product Features
Intended Audience
Scholarly & Professional
Dewey Edition
22
Illustrated
Yes
Dewey Decimal
382.17
Synopsis
The current account deficit measures U.S. trade in terms of goods and services and of income and transfer payments. Beginning in the 1990s, and at a quickening pace since 2001, this deficit has risen from roughly zero to over six percent of the United States' gross domestic product. At the same time, Asian and oil-exporting countries accumulated equally spectacular surpluses. How did this imbalance come about--and why so drastically? In this book, economists Anton Brender and Florence Pisani dissect the mechanisms that led to the formation of global imbalances and enabled the savings generated in one place on the planet to be used in another. The savings transfers that took place cannot be explained solely by greater freedom of capital movements. They were also the product of economic policies and of globalized finance that transformed the ways capital circulates and the risks attendant on its investment are borne. These new arrangements were of astonishing power, but also great vulnerability. This study throws light on how they worked and on the sequence of events that led to the collapse of globalized finance., The current account deficit measures U.S. trade in terms of goods and services and of income and transfer payments. Beginning in the 1990s, and at a quickening pace since 2001, this deficit has risen from roughly zero to over six percent of the United States' gross domestic product. At the same time, Asian and oil-exporting countries accumulated equally spectacular surpluses. How did this imbalance come about--and why so drastically? In this book, economists Anton Brender and Florence Pisani dissect the mechanisms that led to the formation of global imbalances and enabled the savings generated in one place on the planet to be used in another.The savings transfers that took place cannot be explained solely by greater freedom of capital movements. They were also the product of economic policies and of globalized finance that transformed the ways capital circulates and the risks attendant on its investment are borne. These new arrangements were of astonishing power, but also great vulnerability. This study throws light on how they worked and on the sequence of events that led to the collapse of globalized finance.
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