Management

The Management of Global Financial Markets

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The preface of a 1992 publication from the Forum on Debt and
Development (Fondad), Fragile Finance: Rethinking the International
Monetary System, included the following statement: “In the face of dangerous
instability of global financial flows it is high time for policymakers
to seriously rethink the role they should play in a market-based international
monetary and financial system. National as well as international
monetary authorities seem to be lagging behind rapid developments in
capital markets and to have little control over dramatic swings in these
markets”. In 2000, this appeal seems to be as urgent as before. Over the
past eight years, we have witnessed a number of serious financial crises
affecting economies, businesses and, most importantly, the living conditions
of millions of people around the world, particularly in the developing
regions. As it turns out, the globalisation of financial markets during the
1990s not only increased opportunities for prosperity and growth in developing
countries, but also the risks of misery and recession

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Detail Information

Series Title

The Management of Global Financial Markets

Call Number

-

Publisher

Natherland : FONDAD., 2002

Collation

1-261

Language

English

ISBN/ISSN

90-74208-16-9

Classification

NONE

Content Type

-

Media Type

-

Carrier Type

-

Edition

1st Edition

Subject(s)

Finance

Specific Detail Info

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Statement of Responsibility

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