£124.99

About as cheap as it gets — within 5% of the all-time low it hit 1 month ago.

£125 today · all-time low £124 (Sep 2026) · usually £124

MACMILLAN Financial Instability and International Debt Problem

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Price History & Forecast

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Last 78 days · 78 data points (no recent data)

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£127.38 £123.32 £124.21 £125.09 £125.98 £126.86 £127.75 28 July 2026 16 August 2026 04 September 2026 23 September 2026 13 October 2026
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Price distribution over 78 days • 3 price levels

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29 days 5 days · current 44 days 0 11 22 33 44 £124 £125 £127 Days at Price

Price Analysis

Most common price: £127 (44 days, 56.4%)

Price range: £124 - £127

Price levels: 3 different prices over 78 days

Description

This Southampton Series in International Economics title examines the root causes of the global debt crisis that has destabilised the world economy over the past decade. The authors present a compelling analysis arguing that financial market fragility lies at the heart of persistent economic instability. They contend that governments, financial institutions, and borrowers across developing and developed nations have placed unrealistic expectations on market mechanisms. In an environment characterised by volatile interest rates, fluctuating exchange rates, and unpredictable government policy shifts, financial institutions struggle to differentiate genuine economic shifts from temporary market shocks. This work offers critical insights into why markets fail to provide the stability necessary for sustainable economic growth and international financial health.

Key Features

The book explores how inherent fragility in financial markets creates conditions for international debt crises and economic instability.

Authors analyse why governments, financial institutions, and developing country borrowers consistently overestimate market reliability.

The work examines how volatile interest rates, exchange rates, and uncertain policy environments undermine financial decision-making.

Published by Palgrave Macmillan as part of the Southampton Series in International Economics for academic and professional audiences.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
25 November 1991
Listed Since
02 January 2007

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