L'impact de la libéralisation financière sur les économies émergentes, revue de la littérature économique PDF Download

Author: Bouchra Benyacoub
Publisher:
ISBN:
Category :
Languages : fr
Pages : 19

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Author: GAMRA-S.
Publisher: Omniscriptum
ISBN: 9786131544439
Category :
Languages : fr
Pages : 436

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Ce livre propose une lecture économique des différentes facettes de phénomènes contemporains de libéralisation de la finance, du retour des crises bancaires de grande envergure, du ralentissement et des fluctuations de la croissance économique. S'inscrivant dans ce nouvel ordre économique mondial, la problématique consiste à appréhender les origines du dilemme actuel de la stabilité bancaire et de la croissance de long-terme face à la libéralisation financière dans les économies émergentes. D'un côté, l'ouverture a permis à ces pays des gains de productivité avec la diversification des moyens de financement. De l'autre, elle a été à l'origine d'une menace d'instabilité du système bancaire et de volatilité macroéconomique. Ainsi, l'objet de ce livre, basé sur les expériences d'ouverture financière des pays émergents, consiste à réexaminer la pertinence des politiques de libéralisation pour ces pays. Fondée sur l'hypothèse centrale qu'une libéralisation rapide, mal enchaînée et insuffisamment encadrée est préjudiciable, la finalité étant de définir la politique adéquate d'ouverture pour ces pays telle qu'elle leur permet d'en limiter les risques et en tirer le maximum de gains.

Author:
Publisher:
ISBN:
Category : Economic history
Languages : en
Pages : 632

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Author: Deepak Nayyar
Publisher: Academic
ISBN: 0199652988
Category : Business & Economics
Languages : en
Pages : 240

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This book is about the evolution of developing countries in the world economy situated in its wider historical context, spanning centuries, but with a focus on the period since the mid-twentieth century. It traces the rise and 'catch up' of the developing world and the shift in the balance of power in the world economy.

Author: François Bourguignon
Publisher: World Bank Publications
ISBN: 9780821361078
Category : Business & Economics
Languages : en
Pages : 188

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Brings together the world's finest development thinkers to present their perspectives and ideas in the field of international development. This title presents selected papers from the seventh annual ABCDE (The Annual World Bank Conference on Development Economics) - Europe meetings, held in May 2005 in Amsterdam, the Netherlands.

Author: Mr.Olivier J. Blanchard
Publisher: International Monetary Fund
ISBN: 1513555839
Category : Business & Economics
Languages : en
Pages : 29

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We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.

Author: World Bank
Publisher: World Bank Publications
ISBN: 9780821360439
Category : Business & Economics
Languages : en
Pages : 384

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This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.

Author: Bibliothèque centrale (Fonds Quetelet)
Publisher:
ISBN:
Category :
Languages : en
Pages : 918

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Author: Michael Zürn
Publisher: Oxford University Press
ISBN: 0192551809
Category : Political Science
Languages : en
Pages : 331

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This book offers a major new theory of global governance, explaining both its rise and what many see as its current crisis. The author suggests that world politics is now embedded in a normative and institutional structure dominated by hierarchies and power inequalities and therefore inherently creates contestation, resistance, and distributional struggles. Within an ambitious and systematic new conceptual framework, the theory makes four key contributions. Firstly, it reconstructs global governance as a political system which builds on normative principles and reflexive authorities. Second, it identifies the central legitimation problems of the global governance system with a constitutionalist setting in mind. Third, it explains the rise of state and societal contestation by identifying key endogenous dynamics and probing the causal mechanisms that produced them. Finally, it identifies the conditions under which struggles in the global governance system lead to decline or deepening. Rich with propositions, insights, and evidence, the book promises to be the most important and comprehensive theoretical argument about world politics of the 21st century.

Author: Mr.Jean-Louis Arcand
Publisher: International Monetary Fund
ISBN: 1475526105
Category : Business & Economics
Languages : en
Pages : 50

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Book Description
This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.