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Next Great Globalization: How Disadvantaged Nations Can Harness Their Financial Systems to Get Rich

Next Great Globalization: How Disadvantaged Nations Can Harness Their Financial Systems to Get Rich - 06 edition

ISBN13: 978-0691136417

Cover of Next Great Globalization: How Disadvantaged Nations Can Harness Their Financial Systems to Get Rich 06 (ISBN 978-0691136417)
ISBN13: 978-0691136417
ISBN10: 0691136416

Cover type: Paperback
Edition: 06
Copyright: 2006
Publisher: Princeton University Press
Published: 2006
International: No

List price: $35.00

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Next Great Globalization: How Disadvantaged Nations Can Harness Their Financial Systems to Get Rich - 06 edition

ISBN13: 978-0691136417

Frederic S. Mishkin

ISBN13: 978-0691136417
ISBN10: 0691136416

Cover type: Paperback
Edition: 06
Copyright: 2006
Publisher: Princeton University Press
Published: 2006
International: No
Summary

Many prominent critics regard the international financial system as the dark side of globalization, threatening disadvantaged nations near and far. But in The Next Great Globalization, eminent economist Frederic Mishkin argues the opposite: that financial globalization today is essential for poor nations to become rich. Mishkin argues that an effectively managed financial globalization promises benefits on the scale of the hugely successful trade and information globalizations of the nineteenth and twentieth centuries. This financial revolution can lift developing nations out of squalor and increase the wealth and stability of emerging and industrialized nations alike. By presenting an unprecedented picture of the potential benefits of financial globalization, and by showing in clear and hard-headed terms how these gains can be realized, Mishkin provides a hopeful vision of the next phase of globalization

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