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South--South Regional Financial Arrangements: Collaboration Towards Resilience
Paperback
Series: International Political Economy
General Political ScienceInternational Relations
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ISBN10: 3030645789
ISBN13: 9783030645786
Publisher: Palgrave MacMillan
Published: Jan 20 2023
Pages: 361
Weight: 1.03
Height: 0.81 Width: 5.83 Depth: 8.27
Language: English
ISBN13: 9783030645786
Publisher: Palgrave MacMillan
Published: Jan 20 2023
Pages: 361
Weight: 1.03
Height: 0.81 Width: 5.83 Depth: 8.27
Language: English
This book shows how regional cooperation and integration have increased massively in scale and scope in recent years, as developing countries seek new ways to shield themselves from economic turbulence and to kick-start their economies in the face of stagnant global demand. The trend is partly a defense mechanism against the limitations of the international financial system, but also reflects a wider search for new and different growth paths more appropriate with developing countries' increasing economic and political voice. As a consequence, the landscape of financial and monetary mechanisms has changed dramatically, especially in the ten years since the economic crisis of 2007-2008.
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