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Financial Liberalization

Financial Liberalization

Paperback

Series: Scandinavian Journal of Economics

AccountingEconomicsInvesting & Finance

ISBN10: 0631203494
ISBN13: 9780631203490
Publisher: John Wiley & Sons
Published: Jul 10 1997
Pages: 162
Weight: 0.50
Height: 0.47 Width: 5.98 Depth: 9.05
Language: English
This volume examines the causes of the very volatile financial markets and exchange rate crises recently experienced, particularly in a number of European countries, and considers the implications for business cycle fluctuations and economic policy. It will attempt to clarify whether these developments can be attributed to further capital market liberalization, financial innovations, etc., or whether they are the product of business cycle changes in combination with shifts in the focus of economic policy towards less activism and low inflation. Issues related to the functioning of financial and exchange rate markets, the possibility of controlling these markets, the gains from liberalization and the implications for economic policy will also be covered.

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