San Antonio College Library

"The global financial system, this book argues, is in turmoil. Financial liberalization has led to phasing out of regulatory mechanisms over the movement of huge sums involved in currency speculations, new financial products, offshore financial centers, secretive hedge funds and 'hot money' flows to emerging markets. The result is a degree of volatility in financial markets which threatens the orderly running of national economies. This book explains...

"This book examines current issues in the world economic order, and asks what new initiatives are necessary to ensure stability, growth and high levels of employment. In so doing the authors pose the question whether the institutions and frameworks of Bretton Woods (The IMF, The World Bank, managed exchange rates etc) are appropriate to meet the new challenges." "Managing the Global Economy will be essential reading for students, analysts and policy...