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Global Markets and the Developing Economy

Global Markets and the Developing Economy

Hardcover

Series: International Finance and Development

EconomicsInvesting & Finance

ISBN10: 1403915385
ISBN13: 9781403915382
Publisher: Springer Nature
Published: Jul 8 2003
Pages: 224
Weight: 0.94
Height: 0.72 Width: 5.56 Depth: 8.90
Language: English
E.V.K. FitzGerald takes a fresh approach to the macroeconomics of developing countries, based on the influence of global markets on domestic savings, private investment, firm behaviours, employment levels and income distribution. He suggests that a Keynesian approach is still relevant today when reformulated to reflect open economies, heterogeneous firms, poverty reduction objectives and volatile financial markets. The study concludes with clear recommendations as to how global capital markets might be reconstructed in order to better support economic development.

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