Financial Instability and the International Debt Problem
No Customer Reviews
The authors argue clearly and convincingly in this book that the debt crisis which has plagued the world economy for the past ten years is due to the inherent fragility of financial markets. Governments, financial institutions and borrowers, including developing countries, have simply expected too much from these markets. In a world of volatile interest rates, exchange rates and uncertain government policy, it is virtually impossible for financial institutions to effectively distinguish fundamental shifts in economic activity from random shocks.
Format:Hardcover
Language:English
ISBN:0333464192
ISBN13:9780333464199
Release Date:November 1991
Publisher:Palgrave MacMillan
Length:211 Pages
Weight:0.95 lbs.
Dimensions:0.6" x 5.5" x 8.5"
Related Subjects
Accounting & Finance Business Business & Investing Economics International Popular EconomicsCustomer Reviews
0 rating
Copyright © 2025 Thriftbooks.com
Terms of Use | Privacy Policy | Do Not Sell/Share My Personal Information | Cookie Policy | Cookie Preferences | Accessibility Statement
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
ThriftBooks ® and the ThriftBooks ® logo are registered trademarks of Thrift Books Global, LLC
