Meghnad Desai and Yahia Said (eds)
Routledge, London New York (14 October 2003)
Are global financial markets rational or are manias possible? Should crises be allowed to run their course and purge the system? Should a lender of last resort intervene to dampen their impact on the real economy? This volume addresses these and other questions.
Meghnad Desai and Yahia Said have pulled together a collection of chapters that review the spate of financial crises that have occurred in recent years starting with Mexico in 1994 and moving on to more recent crises in Turkey and Argentina.
With impressive contributors such as Michele Aglitta, Douglas Gale and Andrew Gamble, the book is a timely and authoritative study. Global Governance and Financial Crises provides a new understanding of this important area with a combination of economic history and political economy as well as the most recent developments in analytical economic theory.
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