Financial Crises, Liquidity, and the International Monetary System
(Paperback)
Available Formats
Publishing Details
Financial Crises, Liquidity, and the International Monetary System
By (Author) Jean Tirole
Princeton University Press
Princeton University Press
1st September 2015
United States
Classifications
Tertiary Education
Non Fiction
332.042
Physical Properties
Paperback
168
Width 140mm, Height 216mm
198g
Description
Once upon a time, economists saw capital account liberalization--the free and unrestricted flow of capital in and out of countries--as unambiguously good. Good for debtor states, good for the world economy. No longer. Spectacular banking and currency crises in recent decades have shattered the consensus. In this remarkably clear and pithy volume, o
Reviews
Jean Tirole, Winner of the 2014 Nobel Prize in Economics "An insightful contribution to the expanding economics research that reexamines the role of the International Monetary Fund in emerging markets and financial crises."--Choice
Author Bio
Jean Tirole, the winner of the 2014 Nobel Prize in Economics, is chairman of the Foundation Jean-Jacques Laffont at the Toulouse School of Economics, scientific director of Toulouse's Industrial Economics Institute, and annual visiting professor of economics at the Massachusetts Institute of Technology. His books include The Theory of Corporate Finance (Princeton), The Theory of Industrial Organization, Game Theory (with Drew Fudenberg), and A Theory of Incentives in Procurement and Regulation (with Jean-Jacques Laffont).
