Handbook of safeguarding global financial stability : political, social, cultural, and economic theories and models / editor-in-chief, Gerard Caprio ; editors, Philippe Bacchetta ... [et al.].

Format:

Book

Contributor:

Bacchetta, Philippe.

Caprio, Gerard.

Language:

English

Subjects (All):

Capital market--Statistics.

Capital market.

International finance.

Economic stabilization.

Physical Description:

1 online resource (547 p.)

Edition:

1st ed.

Place of Publication:

Boston : Elsevier, 2013.

Language Note:

English

System Details:

text file

Summary:

Political and social forces exert pressure on our globalized economy in many forms, from formal and informal policies to financial theories and technical models. Our efforts to shape and direct these forces to preserve financial stability reveal much about the ways we perceive the financial economy. The Handbook of Safeguarding Global Financial Stability examines our political economy, particularly the ways in which these forces inhabit our institutions, strategies, and tactics. As economies expand and contract, these forces also determine the ways we supervise and regulate. This hi

Contents:

Front Cover; Handbook of Safeguarding Global Financial Stability: Political, Social, Cultural, and Economic Theories and Models; Copyright; Editor-in-Chief; Section Editors for this volume; Section Editors for related volumes; Contents; Preface; Contributors; Section I: Political Economy of Financial Globalization; Chapter 1: China and Financial Globalization; Introduction; A Brief History of China's Financial Opening; China's Current Account and Saving Behavior in Cross-Country Context; Explanations for China's High Saving; Financial Development and Corporate Finance in China

Household BehaviorGovernment Saving; Financial Globalization and China's High Saving; Conclusion; See also; Acknowledgments; Glossary; Further Reading; Chapter 2: Emerging Markets Politics and Financial Institutions; Introduction; Analytical Framework; Testing the Abiad-Mody Results on a Wider Sample; Differing Influences, Across Types of Countries and Types of Reform; Advanced Versus Nonadvanced Economies; Domestic Financial Reform Versus Opening up the Capital Account; Conclusion; Appendix; References; Chapter 3: The Political Economy of Exchange-Rate Policy; Introduction

Economic Explanations of Exchange-Rate Policy: Important but InsufficientPreferences: The Demand for Exchange-Rate Policy; Sectors; Policymakers ́ Beliefs and Ideas; Extensions to the Sectoral Model; Level of Standardization; Reliance on Imported Inputs; Structure of Firms ́ Balance Sheets; Partisan Preferences on Exchange-Rate Policymaking; Voters; Institutions and Exchange-Rate Policy; Democracy; Elections; Electoral System; Number of Veto Players; Central Bank Independence; Conclusion; See also; Glossary; Further Reading; Chapter 4: Financial Institutions, International and Politics

IntroductionIntellectual Background; International Financial Institutions: How Much Autonomy?; International Financial Institutions: Effects; Conclusion; See also; Glossary; Further Reading; Relevant Websites; Chapter 5: Political Economy of Foreign Aid, Bilateral; Political Economy of Aid Disbursement; With a Little Help from My Friends; Empirically Speaking; Does it Matter that Aid Allocation is Political?; Political Economy of Aid Receipt; Capital to the Capitol; Spending Hard-Earned Aid; It's the Economy, Stupid; Making Good; Taking the Politics Out of Aid Allocation

Saving Aid from Itself, or, Taking the Politics Out of Aid Receipt and DisbursementConclusion; References; Chapter 6: Interest Group Politics; Political Economy Models of Economic Integration; Interest Groups; Domestic Capital (Business Owners); Labor; Land Owners; Domestic Financial Intermediaries; Distributional Implications of Financial Globalization; The Political Economy of Financial Globalization in Authoritarian Regimes; MNCs as Actors; Conclusion; See also; Glossary; Further Reading; Chapter 7: International Conflicts; International Conflict; Financial Globalization Promotes Peace

Economic freedom

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

ISBN:

9781784023720

1784023728

9781283704793

128370479X

9780123978783

0123978785

OCLC:

818819211