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Financial Development, Economic Crises and Emerging Market Economies (Routledge Critical Studies in Finance and Stability)

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 | #3547498 in eBooks |  2016-08-12 |  2016-08-12 | File type: PDF

||About the Author||Faruk Ülgen is Associate Professor, Grenoble Faculty of Economics, Director of the Department of International Relations and Conventions, and Head of the Department of Economics of the Branch Campus of Valence of the Unive

Recurrent crises in emerging markets and in advanced economies in the last decades cast doubt about the ability of financial liberalization to meet the aims of sustainable economic growth and development. The increasing importance of financial markets and financial efficiency criterion over economic decisions and policies since the 1980s laid down the conditions of the development process of emerging market economies. Numerous crises experienced thereafter gave rise t...

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