Financial Globalization, Economic Growth, and the Crisis of 2007-09

Download or read book Financial Globalization, Economic Growth, and the Crisis of 2007-09 written by William R. Cline and published by Peterson Institute. This book was released on 2010 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This is a careful and comprehensive survey of the literature of the last decade on growth and financial globalization. Secondarily, the book includes a useful explanation of some of the major policies and decisions made during the financial crisis. The book is thorough and very clearly written....It's potentially very useful for advanced undergraduate and graduate courses on financial globalization, particularly ones that stress economic modeling and empirics."---Kenneth S. Rogoff, Thomas D. Cabot Professor of Public Policy and Professor of Economics, Harvard University "Cline's overview of financial globalization and economic growth...will be an invaluable resource for anyone doing research in this field. His painstaking gathering, analysis, and comments on the empirical work in this area will make this a must-have volume to all researchers."---Gerard Caprio, Jr., Chair, Center for Development Economics, and Professor of Economics, Williams College "This book does an excellent job of summarizing the empirical literature on openness to international capital flows and economic growth....In light of the crisis of 2007-2009, there will clearly be a reassessment of the relationship between policies regarding financial globalization and economic outcomes in the short and long runs. This book provides a sound foundation on which that reassessment can flourish."---Ross Levine, James and Merryl Tisch Professor of Economics and Director, William R. Rhodes Center in International Economics & Finance, Brown University