In Defense of Free Capital Markets: The Case Against a New International Financial Architecture
DeRosa Ph.D., David F; DeRosa, David F.
Language: English
Published by Bloomberg Pr, 2001
- Hardcover
- Used
Seller: St Vincent de Paul of Lane County, Eugene, OR, U.S.A.St Vincent de Paul of Lane County
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- Title
- In Defense of Free Capital Markets: The Case Against a New International Financial Architecture
- Author
- DeRosa Ph.D., David F; DeRosa, David F.
- Publisher
- Bloomberg Pr
- Publication year
- 2001
- Condition
- Good
- Binding
- Hardcover
- Language
- English
- ISBN 10
- 157660036X
- ISBN 13
- 9781576600368
because of the remarkable number of currency and emerging market meltdowns during the 1990s--from the mexican peso crisis to the collapse of the asian markets to the russian devaluation of the ruble--the free market system faces the prospect of tighter global regulation.
throughout in defense of free capital markets, david derosa makes a compelling case that less, not more regulation is vitally needed; that public policies often have been dead wrong in concept and application; that so-called controls generate indirect and unintended harmful consequences; and that aggressive intervention is no panacea. when confronted with a financial crisis, many leaders prefer to indict the international financial system rather than admit to policy blunders that may be of their own making. this book analyses the economic conditions that produced a number of recent financial crises. it also investigates the responses made to each crisis, to uncover whether government policies directed at these episodes of turmoil made matters better or worse. this is a rousing case for putting far greater trust in the markets. it exposes the risks, market distortions, and huge hidden costs that can result from government bailouts and proposed reforms. david derosa makes an important contribution to a debate whose outcome will determine the stability and prosperity achievable in an interconnected age.
"Synopsis" may belong to another edition of this title.
Book Description
throughout in defense of free capital markets, david derosa makes a compelling case that less, not more regulation is vitally needed; that public policies often have been dead wrong in concept and application; that so-called controls generate indirect and unintended harmful consequences; and that aggressive intervention is no panacea.
"About the title" may belong to another edition of this title.
St Vincent de Paul of Lane County
Eugene, OR, U.S.A.
AbeBooks seller since March 11, 2014
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