Dance of the Trillions

Developing Countries and Global Finance

David Lubin (Autor)

Buch | Softcover

160 Seiten

2018
Brookings Institution (Verlag)
978-0-8157-3674-5 (ISBN)

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Tells the story of what makes money flow from high-income countries to lower-income ones, and what makes it flow out again. David Lubin follows a trajectory from the emergence of petrodollars, global inflation, and the US Federal Reserve in the 1970s; to Latin America's “lost decade” of the ‘80s; to the rise of China in the early 2000s.

In Dance of the Trillions, David Lubin tells the story of what makes money flow from high-income countries to lower-income ones; what makes it flow out again; and how developing countries have sought protection against the volatility of international capital flows. The book traces an arc from the 1970s, when developing countries first gained access to international financial markets, to the present day.

Underlying this story is a discussion of how the relationship between developing countries and global finance appears to be moving from one governed by the “Washington Consensus” to one more likely to be shaped by Beijing.

David Lubin is an associate fellow in global economy and finance at Chatham House, the Royal Institute of International Affairs, and head of emerging markets economics at Citi.

Contents

Acknowledgements

Introduction: What's Past is Prologue

1. Enter Finance: The 1970s

2. Exit Finance: Two Decades of Crisis

3. Explaining Emerging Markets

4. Thank You, China!

5. Toward a Beijing Consensus

Notes

Index

Erscheinungsdatum	24.07.2018
Reihe/Serie	Insights: Critical Thinking on International Affairs
Sprache	englisch
Maße	152 x 229 mm
Gewicht	236 g
Themenwelt	Wirtschaft ► Allgemeines / Lexika
Themenwelt	Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie
ISBN-10	0-8157-3674-6 / 0815736746
ISBN-13	978-0-8157-3674-5 / 9780815736745
Zustand	Neuware