Routledge Studies in the Modern World Economy
The Impact of Financial Interdependence
Routledge Studies in the Modern World Economy
The Impact of Financial Interdependence
This book argues that the high degree of financial interdependence forged during the “golden age” of globalization from 1991–2016 is now the main impediment to the reduction of the elevated public debts observed in many countries.
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This book argues that the high degree of financial interdependence forged during the “golden age” of globalization from 1991–2016 is now the main impediment to the reduction of the elevated public debts observed in many countries. It investigates how interdependence may be reduced or made compatible with a deleveraging process.