£107.48

MACMILLAN Financial Instability and the International Debt Problem (Southampton Series in International Economics)

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£113.48 £105.92 £107.57 £109.22 £110.87 £112.52 £114.17 10 April 2026 23 April 2026 06 May 2026 19 May 2026 01 June 2026

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Price range: £107 - £113

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Description

The authors argue clearly and convincingly in this book that the debt crisis which has plagued the world economy for the past ten years is due to the inherent fragility of financial markets. Governments, financial institutions and borrowers, including developing countries, have simply expected too much from these markets. In a world of volatile interest rates, exchange rates and uncertain government policy, it is virtually impossible for financial institutions to effectively distinguish fundamental shifts in economic activity from random shocks.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
15 January 1992
Listed Since
07 January 2016

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