• Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Financial Instability and the International Debt Problem

Financial Instability and the International Debt Problem

Paperback

Series: Southampton International Economics

EconomicsInvesting & Finance

ISBN10: 1349217328
ISBN13: 9781349217328
Publisher: Palgrave MacMillan
Published: Jan 15 1992
Pages: 211
Weight: 0.64
Height: 0.51 Width: 5.50 Depth: 8.50
Language: English
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.

1 different editions

Also available

Also in

Economics