What Drives Global Capital Flows?: Myth, Speculation and Currency Diplomacy
Brendan Brown
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.
年:
2006
出版:
illustrated edition
出版社:
Palgrave Macmillan
语言:
english
页:
275
ISBN 10:
0230627293
ISBN 13:
9781403947574
文件:
PDF, 912 KB
IPFS:
,
english, 2006