Financial Stability, Economic Growth, and the Role of Law
Book Details
Format
Hardback or Cased Book
ISBN-10
052187047X
ISBN-13
9780521870474
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Jun 4th, 2007
Print length
382 Pages
Weight
568 grams
Dimensions
23.50 x 16.00 x 2.00 cms
Product Classification:
MacroeconomicsEconomic & financial crises & disastersLaws of Specific jurisdictions
Ksh 13,300.00
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This book examines international and domestic responses to financial crises while providing an agenda for financial development to support economic growth. The volume provides the first comprehensive analysis of the role of law and institutions in financial stability and development.
Financial crises have become an all too common occurrence over the past twenty years, largely as a result of changes in finance brought about by increasing internationalization and integration. As domestic financial systems and economies have become more interlinked, weaknesses can significantly impact not only individual economies but also markets, financial intermediaries, and economies around the world. This volume addresses the twin objectives of financial development in the context of financial stability and the role of law in supporting both. Financial stability (frequently seen as the avoidance of financial crisis) has become an objective of both the international financial architecture and individual economies and central banks. At the same time, financial development is now seen to play an important role in economic growth. In both financial stability and financial development, law and related institutions have a central role.
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