Capital for the Future: Saving and Investment in an Interdependent World

Viac o knihe

The book explores the emergence of the Third Age of Financial Globalization, characterized by a significant increase in the integration of developing countries into the global financial system. This shift mirrors their current level of integration in international trade, highlighting the evolving landscape of global capital demand and supply. It examines the implications of this integration for economic development and the challenges and opportunities it presents for emerging economies.