Image from Google Jackets
Image from OpenLibrary

Ruling Capital : Emerging Markets and the Reregulation of Cross-Border Finance / Kevin P. Gallagher.

By: Material type: TextTextLanguage: English Series: Cornell Studies in MoneyPublisher: Ithaca, NY : Cornell University Press, [2015]Copyright date: ©2015Description: 1 online resource (248 p.) : 2 line drawings, 19 tables, 5 chartsContent type:
  • text
Media type:
  • computer
Carrier type:
  • online resource
ISBN:
  • 9780801454615
Subject(s): Additional physical formats: No titleDDC classification:
  • 332 23
LOC classification:
  • HG3881
Online resources:
Contents:
Frontmatter -- Contents -- Tables, Figures, and Textboxes -- Preface -- 1. Countervailing Monetary Power -- 2. Challenging Cooperative Decentralization -- 3. From Managing the Trilemma to Stability-Supported Growth -- 4. Let's Not Get Carried Away: Emerging-Market Innovations in the Wake of the Crisis -- 5. The Politics of Reregulating Cross-Border Finance -- 6. Ruling Capital: The New International Monetary Fund View of the Capital Account -- 7. Good Talk, Little Action: The Limits of the G20 -- 8. Trading Away Financial Stability: Reconstructing Capital Account Liberalization as Trade and Investment Policy -- 9. The Future of Countervailing Monetary Power -- References -- Index
Summary: In Ruling Capital, Kevin P. Gallagher demonstrates how several emerging market and developing countries (EMDs) managed to reregulate cross-border financial flows in the wake of the global financial crisis, despite the political and economic difficulty of doing so at the national level. Gallagher also shows that some EMDs, particularly the BRICS coalition, were able to maintain or expand their sovereignty to regulate cross-border finance under global economic governance institutions. Gallagher combines econometric analysis with in-depth interviews with officials and interest groups in select emerging markets and policymakers at the International Monetary Fund, the World Trade Organization, and the G-20 to explain key characteristics of the global economy. Gallagher develops a theory of countervailing monetary power that shows how emerging markets can counter domestic and international opposition to the regulation of cross-border finance. Although many countries were able to exert countervailing monetary power in the wake of the crisis, such power was not sufficient to stem the magnitude of unstable financial flows that continue to plague the world economy. Drawing on this theory, Gallagher outlines the significant opportunities and obstacles to regulating cross-border finance in the twenty-first century.
Tags from this library: No tags from this library for this title.
Star ratings
    Average rating: 0.0 (0 votes)
Holdings
Item type Current library Call number Status Date due Barcode
E-Book E-Book De Gruyter Available

Frontmatter -- Contents -- Tables, Figures, and Textboxes -- Preface -- 1. Countervailing Monetary Power -- 2. Challenging Cooperative Decentralization -- 3. From Managing the Trilemma to Stability-Supported Growth -- 4. Let's Not Get Carried Away: Emerging-Market Innovations in the Wake of the Crisis -- 5. The Politics of Reregulating Cross-Border Finance -- 6. Ruling Capital: The New International Monetary Fund View of the Capital Account -- 7. Good Talk, Little Action: The Limits of the G20 -- 8. Trading Away Financial Stability: Reconstructing Capital Account Liberalization as Trade and Investment Policy -- 9. The Future of Countervailing Monetary Power -- References -- Index

unrestricted online access star

In Ruling Capital, Kevin P. Gallagher demonstrates how several emerging market and developing countries (EMDs) managed to reregulate cross-border financial flows in the wake of the global financial crisis, despite the political and economic difficulty of doing so at the national level. Gallagher also shows that some EMDs, particularly the BRICS coalition, were able to maintain or expand their sovereignty to regulate cross-border finance under global economic governance institutions. Gallagher combines econometric analysis with in-depth interviews with officials and interest groups in select emerging markets and policymakers at the International Monetary Fund, the World Trade Organization, and the G-20 to explain key characteristics of the global economy. Gallagher develops a theory of countervailing monetary power that shows how emerging markets can counter domestic and international opposition to the regulation of cross-border finance. Although many countries were able to exert countervailing monetary power in the wake of the crisis, such power was not sufficient to stem the magnitude of unstable financial flows that continue to plague the world economy. Drawing on this theory, Gallagher outlines the significant opportunities and obstacles to regulating cross-border finance in the twenty-first century.

Mode of access: Internet via World Wide Web.

This eBook is made available Open Access under a CC BY-NC-ND 4.0 license:

https://creativecommons.org/licenses/by-nc-nd/4.0

https://www.degruyter.com/dg/page/open-access-policy

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 30. Aug 2022)

There are no comments on this title.

to post a comment.

University of Rizal System
Email us at univlibservices@urs.edu.ph

Visit our Website www.urs.edu.ph/library

Powered by Koha