The Evidence and Impact of Financial Globalization

The Evidence and Impact of Financial Globalization

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The sharp realities of financial globalization become clear during crises, when winners and losers emerge. Crises usher in short- and long-term changes to the status quo, and everyone agrees that learning from crises is a top priority. The Evidence and Impact of Financial Globalization devotes separate articles to specific crises, the conditions that cause them, and the longstanding arrangements devised to address them. While other books and journal articles treat these subjects in isolation, this volume presents a wide-ranging, consistent, yet varied specificity. Substantial, authoritative, and useful, these articles provide material unavailable elsewhere. Substantial articles by top scholars sets this volume apart from other information sources Rapidly developing subjects will interest readers well into the future Reader demand and lack of competitors underline the high value of these reference worksThepurposeofthischapteristoprovideausefulhistory of the 1987 stock market crash and the factors contributing to its ... crash. The first was a#39;portfolio insurance, a#39; which was supposed to limit the losses investors might face from a declining market.

Title:The Evidence and Impact of Financial Globalization
Publisher:Academic Press - 2012-12-31


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