書(shū)目名稱 | Financial Instability and the International Debt Problem |
編輯 | George McKenzie,Stephen Thomas |
視頻video | http://file.papertrans.cn/344/343063/343063.mp4 |
叢書(shū)名稱 | Southampton Series in International Economics |
圖書(shū)封面 |  |
描述 | The authors argue clearly and convincingly in this book that the debt crisis which has plagued the world economy for the past ten years is due to the inherent fragility of financial markets. Governments, financial institutions and borrowers, including developing countries, have simply expected too much from these markets. In a world of volatile interest rates, exchange rates and uncertain government policy, it is virtually impossible for financial institutions to effectively distinguish fundamental shifts in economic activity from random shocks. |
出版日期 | Book 1992 |
關(guān)鍵詞 | exchange rates; financial markets; interest rates |
版次 | 1 |
doi | https://doi.org/10.1007/978-1-349-21730-4 |
isbn_softcover | 978-1-349-21732-8 |
isbn_ebook | 978-1-349-21730-4Series ISSN 2946-8469 Series E-ISSN 2946-8477 |
issn_series | 2946-8469 |
copyright | George McKenzie and Stephen Thomas 1992 |