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Financial Stability and Growth: Perspectives on financial regulation and new developmentalism (Routledge Studies in Development Economics)

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 | #2449441 in eBooks |  2014-02-05 |  2014-02-05 | File type: PDF

||About the Author||Luiz Carlos Bresser-Pereira is Emeritus Professor at the Getulio Vargas Foundation, Brazil. |Jan Kregel is Senior Scholar at the Levy Economics Institute of Bard College, USA. |Leonardo Burlamaqui

The 2008 global financial crisis took the world by surprise, not least because politicians, businessmen and economists believed that they had learned crucial lessons from the Great Depression of the 1930s. As a direct result of deregulated financial markets, financial crises occurred in both developed and developing economies. However, this volume argues that in the most recent crisis developing countries suffered less, and that financial policy and regulation played ...

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