eBooks - Politics & Government - Economics - Joshua Aizenman - Brian Pinto - Managing Financial Volatility
Managing Financial Volatility eBook
Editor: Joshua Aizenman ~ Editor: Brian Pinto
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Platforms
Windows 98SE+, Mac OS X+, Palm Features
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Managing Financial Volatility Summary
| Over the past ten years, economic volatility has come into its own after being treated for decades as a secondary phenomenon in the business cycle literature. This evolution has been driven by the recognition that non-linearities, long buried by the economist's penchant for linearity, magnify the negative effects of volatility on long-run growth and inequality, especially in poor countries. This collection organizes empirical and policy results for economists and development policy practitioners into four parts: basic features, including the impact of volatility on growth and poverty; commodity price volatility; the financial sector's dual role as an absorber and amplifier of shocks; and the management and prevention of macroeconomic crises. The latter section includes a cross-country study, case studies on Argentina and Russia, and lessons from the debt default episodes of the 1980s and 1990s. |
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eBooks - Titles - Authors - Politics & Government - Economics - Joshua Aizenman - Brian Pinto - Managing Financial Volatility eBook