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Globalization and National Financial Systems

Szerkesztő
Washington-New York
Kiadó: The World Bank-Oxford University Press
Kiadás helye: Washington-New York
Kiadás éve:
Kötés típusa: Ragasztott papírkötés
Oldalszám: 282 oldal
Sorozatcím:
Kötetszám:
Nyelv: Angol  
Méret: 23 cm x 15 cm
ISBN: 0-8213-5208-3
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Fülszöveg


finance is a key dimension of globalization,
given the ease with which capital flows between countries and the impact such flows can have on countries with weak national financial systems. Yet until a crisis erupts, analysts and policymakers often remain focused on the domestic financial market, ignoring the global impact of their choices. The result is that they behave reactively and often belatedly to the pressures from abroad.
Globalization and National Financial Systems breaks new ground by exploring the challenges, constraints, and opportunities of national financial systems in developing countries, while noting that all such systems must be considered small when viewed in the context of global finance. Banking, securities, contractual savings, and systemic macroeconomic aspects are all considered.
Whether discussing creeping dollarization, offshore deposits, foreign bank entry, international outsourcing of financial services, the role of economies of scale and... Tovább

Fülszöveg


finance is a key dimension of globalization,
given the ease with which capital flows between countries and the impact such flows can have on countries with weak national financial systems. Yet until a crisis erupts, analysts and policymakers often remain focused on the domestic financial market, ignoring the global impact of their choices. The result is that they behave reactively and often belatedly to the pressures from abroad.
Globalization and National Financial Systems breaks new ground by exploring the challenges, constraints, and opportunities of national financial systems in developing countries, while noting that all such systems must be considered small when viewed in the context of global finance. Banking, securities, contractual savings, and systemic macroeconomic aspects are all considered.
Whether discussing creeping dollarization, offshore deposits, foreign bank entry, international outsourcing of financial services, the role of economies of scale and international risk diversification, or the emergence of an international regulatory framework, this book takes the reader far beyond standard treatments of fmancial policy. It is an excellent resource for banking and investment professionals, economists, and anyone interested in globalization and emerging economies. Vissza

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