The Inexorable Evolution Of Financialisation

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    The Inexorable Evolution of Financialisation
    Financial Crises in Emerging Markets
    By: Domna M. Michailidou
    Publisher:
    Palgrave Macmillan
    Print ISBN: 9781137553638, 1137553634
    eText ISBN: 9781137553645, 1137553642
    Copyright year: 2016
    Format: EPUB
    Available from $ 139.00 USD
    SKU 9781137553645
    Since the 2007 financial crisis, discussion on issues related to the size, spread and frequency of financial crises has captivated a wide variety of audiences. Why has the world economy experienced such a marked increase in financial transactions and private and public indebtedness since the 1980s? How have middle-income developing countries suddenly become a part of this dynamic? And, most importantly, how has the topic of financial crises been featured in households’ daily discussions in both developed and developing parts of the world? Domna Michailidou addresses the questions above through exploring the inexorable evolution of financialisation into financial crisis through the examination of three middle-income countries: Mexico, Brazil and South Korea. Concentrating on emerging economies, and especially choosing three very different economies that all experienced financial crises in the 1990s, this book explores what lessons can be learnt regarding financial fragility, volatility and failure in the wake of capital market liberalisation.
     

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