Financial Crises, Liquidity, and the International Monetary System

Jean Tirole

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English

Princeton University Pres
01 September 2015

Economics & Business; International finance

Once upon a time, economists saw capital account liberalization--the free and unrestricted flow of capital in and out of countries--as unambiguously good. Good for debtor states, good for the world economy. No longer. Spectacular banking and currency crises in recent decades have shattered the consensus. In this remarkably clear and pithy volume, o

By: Jean Tirole
Imprint: Princeton University Pres
Country of Publication: United States
Dimensions: Height: 216mm, Width: 140mm, Spine: 10mm
Weight: 198g
ISBN: 9780691167046
ISBN 10: 0691167044
Pages: 168
Publication Date: 01 September 2015
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

Jean Tirole, the winner of the 2014 Nobel Prize in Economics, is chairman of the Foundation Jean-Jacques Laffont at the Toulouse School of Economics, scientific director of Toulouse's Industrial Economics Institute, and annual visiting professor of economics at the Massachusetts Institute of Technology. His books include The Theory of Corporate Finance (Princeton), The Theory of Industrial Organization, Game Theory (with Drew Fudenberg), and A Theory of Incentives in Procurement and Regulation (with Jean-Jacques Laffont).

Reviews for Financial Crises, Liquidity, and the International Monetary System

An insightful contribution to the expanding economics research that reexamines the role of the International Monetary Fund in emerging markets and financial crises. --Choice Jean Tirole, Winner of the 2014 Nobel Prize in Economics