Dance of the Trillions: Developing Countries and Global FinanceBrookings Institution Press, 14.08.2018 - 154 Seiten In Dance of the Trillions, David Lubin tells the story of what makes money flow from high-income countries to lower-income ones; what makes it flow out again; and how developing countries have sought protection against the volatility of international capital flows. The book traces an arc from the 1970s, when developing countries first gained access to international financial markets, to the present day. Underlying this story is a discussion of how the relationship between developing countries and global finance appears to be moving from one governed by the “Washington Consensus” to one more likely to be shaped by Beijing. |
Inhalt
Whats Past Is Prologue | 1 |
The 1970s | 19 |
Two Decades of Crisis | 39 |
Explaining Emerging Markets | 65 |
Thank You China | 89 |
Toward a Beijing Consensus | 109 |
Notes | 129 |
| 139 | |
Back Cover | 148 |
Andere Ausgaben - Alle anzeigen
Dance of the Trillions: Developing Countries and Global Finance David Lubin Keine Leseprobe verfügbar - 2018 |
Dance of the Trillions: Developing Countries and Global Finance David Lubin Keine Leseprobe verfügbar - 2018 |
Häufige Begriffe und Wortgruppen
accumulation Argentina assets average balance sheet billion bonds boom borrowing Brazil Bretton Woods capital account capital account liberalization capital controls capital flight capital flows capital movements capital outflows central bank chapter Chile China Chinese collapse commodity prices country’s creditors creditworthiness crises Cuba’s currency current account deficit current account surplus debt crisis decades developing coun developing countries developing world dollars early emerging economies emerging markets exchange rate exports external debt external financing Fed’s financial globalization flows to developing foreign exchange reserves global GDP growth helped idea IMF’s inflation-adjusted inflows of FDI international capital International Monetary Fund investment investors Korea late lending loans manage ment Mexico pegged percent of GDP petrodollar recycling petrodollars policymakers push capital recycling renminbi restrict capital rise risk role sector shock short-term spending trade trillion U.S. banks U.S. government U.S. monetary policy U.S. Treasury volatility Washington Consensus Williamson World Bank Zhou Xiaochuan