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Financial Crises, Liquidity, and the International Monetary System

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Financial Crises, Liquidity, and the International Monetary SystemAuthor: Jean Tirole ISBN: 9780691167046 Publisher: Princeton University Press Year first published: 01 Sep 2015 Pages: 168 Format: Paperback softback Once upon a time, economists saw capital account liberalization the free and unrestricted flow of capital in and out of countries as unambiguously good. Good for debtor states, good for the world economy. No longer. Spectacular banking and currency crises in recent decades have shattered the consensus.

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ISBN: 9781839991172

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embracing legacies of the Great War

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