Financial Globalization is popular PDF and ePub book, written by Eduardo Levy Levy-Yeyati in 2004, it is a fantastic choice for those who relish reading online the Uncategoriezed genre. Let's immerse ourselves in this engaging Uncategoriezed book by exploring the summary and details provided below. Remember, Financial Globalization can be Read Online from any device for your convenience.
Financial Globalization Book PDF Summary
This paper presents a framework to analyze financial globalization. It argues that financial globalization needs to take into account the relation between money (particularly in its role as store of value), asset and factor price flexibility, and contractual and regulatory institutions. Countries that have the "blessed trinity" (international currency, flexible exchange rate regime, and sound contractual and regulatory environment) can integrate successfully into the (imperfect) world financial markets. But developing countries normally display the "unblessed trinity" (weak currency, fear of floating, and weak institutional framework). The paper defines and discusses two alternative avenues (a "dollar trinity" and a "peso trinity") for developing countries to safely embrace international financial integration while the blessed trinity remains beyond reach.
Detail Book of Financial Globalization PDF
- Author : Eduardo Levy Levy-Yeyati
- Release : 30 June 2024
- Publisher : Unknown
- ISBN : OCLC:1375340470
- Genre : Uncategoriezed
- Total Page : 0 pages
- Language : English
- PDF File Size : 7,7 Mb
If you're still pondering over how to secure a PDF or EPUB version of the book Financial Globalization by Eduardo Levy Levy-Yeyati, don't worry! All you have to do is click the 'Get Book' buttons below to kick off your Download or Read Online journey. Just a friendly reminder: we don't upload or host the files ourselves.
