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Financial Crises, Liquidity, and the International Monetary System

By: Jean Tirole (Author)

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Ksh 4,500.00

Format: Paperback or Softback

ISBN-13: 9780691167046

Publisher: Princeton University Press

Publication Date: Jun 23rd, 2015

Weight: 236 grams

Dimension: 21.80 x 14.20 x 1.50 cms

Category: International finance

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Once upon a time, economists saw capital account liberalization--the free and unrestricted flow of capital in and out of countries--as unambiguously good. Good for debtor states, good for the world economy. No longer. Spectacular banking and currency crises in recent decades have shattered the consensus. In this remarkably clear and pithy volume, o

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