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About What Drives Global Capital Flows?: Myth, Speculation and Currency Diplomacy
The flows of capital from East and South East Asia into the US challenge many assumptions of international financial analysis. This book presents a novel geography of these flows, revealing the driving forces behind them and the crucial turntable roles played by Europe. The market mechanisms necessary for a smooth global flow of funds are shown to be robust but vulnerable to short-circuits triggered by monetary disequilibrium, especially deflation. The game of currency diplomacy, as played between Paris, Washington, Tokyo, and Beijing, largely disregards this danger.
Detailed Information
| Author: | Brendan Brown |
|---|---|
| Publication Year: | 2006 |
| ISBN: | 9780230627291 |
| Pages: | 275 |
| Language: | English |
| File Size: | 0.891 |
| Format: | |
| Price: | FREE |
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