The Structural Foundations of International Finance: Problems of Growth and Stability (New Horizons in International Business series) - Hardcover

Hardcover

ISBN 10: 1843763869 ISBN 13: 9781843763864

Publisher: Edward Elgar Publishing Ltd, 2003

Synopsis

The principal message of this book is that international financial enterprises must be reoriented towards funding productive activities rather than potentially destabilizing speculation. The effects of financial sector operations are addressed with serious warnings that the dangers of speculative destabilization are increasing as regulatory and market discipline gradually weakens.

The Structural Foundations of International Finance examines the ways in which national economies, especially those of industrialized countries, are affected by the operations of international financial markets. Although these markets provide productive funding, there is also much speculative trading in stocks and currencies which can cause booms, slumps and hinder recovery. The authors advocate entrepreneurial coordination by productive enterprises for balanced and stable growth, with reduced risks of financial crises and recessions.

This topical and highly engaging book will be invaluable for academics and students of business, economics, political economy, international relations and law.

About this title

About the Author

Edited by Pier Carlo Padoan, Chairman, UniCredit Bank and Senior Fellow, LUISS Institute for European Analysis and Policy (LEAP), LUISS University, Italy, Paul A. Brenton, Senior Economist in International Trade Development, The World Bank, US and the late Gavin Boyd, formerly Honorary Professor, Political Science Department, Rutgers, The State University of New Jersey, Newark, US and Adjunct Professor, Management Faculty, Saint Mary’s University, Canada

Edition details

• Publisher: Edward Elgar Publishing Ltd
• Publication date: 2003
• Language: English
• ISBN 10: 1843763869
• ISBN 13: 9781843763864
• Binding: Hardcover
• Number of pages: 264
• Editor: Padoan Pier Carlo, Brenton Paul A., Boyd Gavin