After the global crisis, is it globalization or globalonelization?
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Tarih
2015
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
IGI Global
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Since the rise of globalization which has abolished the role of nation-state gradually, the world has been increasingly dealing with world-wide pandemics and multi-regional financial crises. The nature of the Global Financial Crisis has made it clear that financially integrated and globalized markets which are poorly regulated with lax supervision, can pose significant risks, with disastrous economic consequences. Did global unfairness and loose monetary policy or lack of common fiscal policy deepen the crisis? Is globalization responsible from the loss of power of local governments on their economies? Finally, can "deglobalization" be an alternative solution for the emerging economies? The answers of these questions are even more crucial after the "FED tapering". In this context, this chapter discusses the future of financial globalization with respect to its effects on the emerging economies during the global crisis. © 2015, IGI Global.
Açıklama
Anahtar Kelimeler
Kaynak
Handbook of Research on Strategic Developments and Regulatory Practice in Global Finance
