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Global Financial Markets: Volatility and Reforms

Global Financial Markets: Volatility and Reforms

Financial market developments cause significant impact on economic performance. The primary function of the financial markets is to act as an intermediary between savers and investors. As a result of increased international capital mobility and globalization, developments in financial markets lead to global financial and economic volatility. The book examines the operation of the international financial system with emphasis on financial crises and stability. Several reforms introduced after the Great Recession of 2008 are also included. In addition, the basic approaches to understanding banking, finance and monetary management in open economies and some pressing policy reforms in response to the Great Recession of 2008 are presented. Readers are provided with a more knowledgeable background... Show More


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