This book focuses on the impact of financial liberalisation and globalisation on economic growth and inequality worldwide over the past quarter century. It places a particular emphasis on the first fourteen years of this century. It begins by exploring certain assumptions developed as a result of early works in the field, providing a critical review of some of the most important academic works published over the past twenty years. It then goes on to present a comparative measurement of the economic performance of key countries for which data is available in the World Bank database, including G-10 countries, EU countries, and fastest growing countries like China, India, and small-open oil-producing economies.
This book focuses on the impact of financial liberalisation and globalisation on economic growth and inequality worldwide over the past quarter century. It places a particular emphasis on the first fourteen years of this century. It begins by exploring certain assumptions developed as a result of early works in the field, providing a critical review of some of the most important academic works published over the past twenty years. It then goes on to present a comparative measurement of the economic performance of key countries for which data is available in the World Bank database, including G-10 countries, EU countries, and fastest growing countries like China, India, and small-open oil-producing economies.
Focuses on the interactions between financial liberalization and economic growth Explores the sustainability of growth models from some of the fastest growing economies Investigates the impact of economic growth on inequalities in the world over the last quarter of a century
Fikret Čaušević
Financial liberalization Financial inequality Paradoxes of globalization Bail-out Bail-in Development Developing countries Developing economies Developed countries Developed economies Emerging market economies Global financial crisis Growth coefficient