Financial globalization

Author: Sha Na
Publisher:
Publish Date: 2006-08-01
Features: Why is the financial sector the "core" and "frontier" of economic globalization? What stages has financial globalization gone through and what are its landmarks? What were the reasons for the instability of the international financial system in the 1980s? What changes have occurred in financial capital? What roles did governments, multinational corporations, British and American pension funds, and mutual investment funds play in financial globalization? What are the limitations and costs of financial globalization? What impact does it have on vulnerable groups and countries? What are the characteristics and transmission mechanisms of financial crises under a capital accumulation system dominated by finance? This book is the result of a dialogue between authors from the Keynesian school, the regulatory school, and the Marxist school. Most chapters were written by French authors, and Professor Robert Gutman from New York also participated in the compilation of this book, allowing readers to more accurately assess the role of the United States in the process of financial globalization. This book is a representative work by Western scholars in systematically studying and elaborating on the issue of financial globalization. Its translation and publication in China are indeed a highly meaningful endeavor, and it is expected to help the public in our country better understand the "core" and "frontier" of economic globalization: financial globalization, thereby enabling us to successfully address the various challenges it brings.