Financial crises, liquidity, and the international monetary system
Auteur :
Tirole, Jean
Éditeur :
Princeton University Press
ISBN :
9780691167046
Date de publication :
23 juin 2015
Dimensions :
21,6 x 14,0 cm
Poids :
198 g
Format :
Trade paperback (US)
Langue :
Anglais
Pays d'origine :
USA
Once upon a time, economists saw capital account liberalization--the free and unrestricted flow of capital in and out of countries--as unambiguously good. Good for debtor states, good for the world economy. No longer. Spectacular banking and currency crises in recent decades have shattered the consensus. In this remarkably clear and pithy volume, o