Arestis, Philip and Singh, Ajit (2010): Financial globalisation and crisis, institutional transformation and equity. Published in: Centre for Business Research Working Paper Series No. WP405 (June 2010)
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This paper comprises the long introduction to the symposium of five papers on financial globalisation published in the Cambridge Journal of Economics, volume 34, no 2. The paper discusses the impact of financial globalisation in a variety of spheres and shows how the five papers link together to provide a coherent view of the current economic and financial crisis. In this paper we also examine the globalisation of finance more broadly both in historical terms as well as in relation to the current widespread failure in the financial markets. We take up the policy question of how the interests of the poor in particular, and developing countries in general, could be safeguarded from the vagaries of financial globalisation, questioning how much choice communities and countries have and what can the international community do to extend these choices?
|Item Type:||MPRA Paper|
|Original Title:||Financial globalisation and crisis, institutional transformation and equity|
|Keywords:||Financial globalisation, crisis, institutional transformation and equity|
|Subjects:||G - Financial Economics > G1 - General Financial Markets > G15 - International Financial Markets
G - Financial Economics > G1 - General Financial Markets > G18 - Government Policy and Regulation
G - Financial Economics > G2 - Financial Institutions and Services > G20 - General
G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks; Depository Institutions; Micro Finance Institutions; Mortgages
|Depositing User:||Ajit Singh|
|Date Deposited:||26. May 2012 16:25|
|Last Modified:||14. Feb 2013 23:15|
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