1st Edition

Financial Development, Economic Crises and Emerging Market Economies

Edited By Faruk Ülgen Copyright 2017
244 Pages 27 B/W Illustrations
by Routledge

258 Pages 27 B/W Illustrations
by Routledge

258 Pages 27 B/W Illustrations
by Routledge

Recurrent crises in emerging markets and in advanced economies in the last decades cast doubt about the ability of financial liberalization to meet the aims of sustainable economic growth and development. The increasing importance of financial markets and financial efficiency criterion over economic decisions and policies since the 1980s laid down the conditions of the development process of... Read more

Preface

James K. Galbraith

Introduction: Financial Development: The Sword Of Damocles Hanging Over The Process Of Economic Development

Faruk Ülgen

Chapter 1. Financial Liberalization, Crises And Policy Implications

Philip Arestis

Chapter 2. Global Financing: A Bad Medicine For Developing Countries

Joaquín Arriola

Chapter 3. Financial Development, Instability And Some Confused Equations

Faruk Ülgen

Chapter 4. Underdeveloped Financial Markets Infrastructure Of Emerging Market Economies. Assessment Of Underlying Challenges And Suggested Policy Responses

Shazia GHANI

Chapter 5. Towards De-Financialization

Malcolm Sawyer

Chapter 6. A Common Currency For The Common Good

Sergio Rossi

Chapter 7. A Capital Market Without Banks. Lending And Borrowing In Hennaarderadeel, Friesland, 1537–1555

Merijn KNIBBE And Paul Borghaerts

Chapter 8. Financial Liberalization, Financial Development And Instability In Emerging Economies: What Lessons For The Franc Zone?

Aboubakar Sidiki Cisse

Chapter 9. Depositor Myopia And Banking Sector Behavior

Ozan Bakis, Fatih Karanfil And Sezgin Polat

Chapter 10. Dollarization And Financial Development: The Experience Of LA Countries

Eugenia Correa And Alicia Girón

Chapter 11. Financialization In Brazil: A Paper Tiger, With Atomic Teeth?

Pierre Salama

Chapter 12. National And Supra-National Financial Regulatory Architecture: Transformations Of The Russian Financial System In The Post-Soviet Period

Nadezhda N. Pokrovskaia

Chapter 13: Minsky In Beijing: Shadow Banking, Credit Expansion And Debt Accumulation In China

Yan Liang

Biography

Faruk Ülgen is Associate Professor, Grenoble Faculty of Economics, Director of the Department of International Relations and Conventions, and Head of the Department of Economics of the Branch Campus of Valence of the University Grenoble Alpes, France.