Share
Emerging Markets and Financial Globalization: Sovereign Bond Spreads in 1870-1913 and Today (in English)
Paolo Mauro; Nathan Sussman; Yishay Yafeh (Author)
·
Oxford University Press
· Paperback
Emerging Markets and Financial Globalization: Sovereign Bond Spreads in 1870-1913 and Today (in English) - Paolo Mauro; Nathan Sussman; Yishay Yafeh
$ 74.91
$ 93.64
You save: $ 18.73
Choose the list to add your product or create one New List
✓ Product added successfully to the Wishlist.
Go to My WishlistsIt will be shipped from our warehouse between
Thursday, June 20 and
Friday, June 21.
You will receive it anywhere in United States between 1 and 3 business days after shipment.
Synopsis "Emerging Markets and Financial Globalization: Sovereign Bond Spreads in 1870-1913 and Today (in English)"
The frequency and virulence of recent financial crises have led to calls for reform of the current international financial architecture. In an effort to learn more about today's international financial environment, the authors turn to an earlier era of financial globalization between 1870 and 1913. By examining data on sovereign bonds issued by borrowing developing countries in this earlier period and in the present day, the authors are able to identify the characteristics of successful borrowers in the two periods. They are then able to show that global crises or contagion are a feature of the 1990s which was hardly known in the previous era of globalization. Finally, the authors draw lessons for today from archival data on mechanisms used by British investors in the 19th century to address sovereign defaults. Using new qualitative and quantitative data, the authors skillfully apply a variety of approaches in order to better understand how problems of volatility and debt crises are dealt with in international financial markets.
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
- 0% (0)
All books in our catalog are Original.
The book is written in English.
The binding of this edition is Paperback.
✓ Producto agregado correctamente al carro, Ir a Pagar.