num_pages: 304
description: The previous decade ushered in a globalization of finance and governments abandoned their "Keynesian" responsibility to engage in international financial management. A new doctrine of global neoclassicism arose, based on the premise that regulation of financial markets was futile. This volume rejects that approach, and asks whether national policy autonomy is still possible. The authors address financial openness from a "political economy" perspective, including both general historical and theoretical approaches, as well as case studies of countries such as Australia, Mexico, and Pakistan.
language: English
title: Financial Openness and National Autonomy: Opportunities and Constraints
titlecomplete: Financial Openness and National Autonomy: Opportunities and Constraints (WIDER Studies in Development Economics)
publisher: Clarendon Press