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| book details |
Political Economy of Financial Systems: Korean and Indian Experiences in Retrospect
By (author)
Jitendra Uttam
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| book description |
As the world grapples with financial instability caused by a massive infusion of pandemic-era liquidity and its subsequent withdrawal, scholars are raising doubts again regarding the merits behind the unhindered push for liberalization and deregulation. In the search for a convincing way out from recurring financial turbulences, this book revisits the past experiences of financial stability presided over by long-term credit supply largely through bank-based intermediation. The two Asian countries, South Korea and India, instituted wide-ranging financial repression through an identical – 'Credit based, Price-administered System' but surprisingly they witnessed contrasting outcomes. While accounting for the yawning performance gap between India and South Korea, this book introduces a political economy approach to better understand the efficiency of financial systems. It argues that the 'Functional Efficiency' of finance is not solely dependent on the structures of finance alone but it also lies in the wider political-economic context and its relations with the market.
| product details |
Normally shipped |
Enquiries only
Publisher |
Cambridge Scholars Publishing
Published date |
1 Feb 2025
Language |
Format |
Hardback
Pages |
289
Dimensions |
212 x 148 x 0mm (L x W x H)
Weight |
0g
ISBN |
978-1-0364-1249-4
Readership Age |
BISAC |
business & economics / international / general
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The Memory Collectors: A Novel
Dete Meserve
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320 pages
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The Coming Wave: AI, Power and Our Future
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352 pages
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Survive the AI Apocalypse: A guide for solutionists
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was: R 340.95
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The Colonialist: The Vision of Cecil Rhodes
William Kelleher Storey
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528 pages
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This first comprehensive biography of Cecil Rhodes in a generation illuminates Rhodes’s vision for the expansion of imperialism in southern Africa, connecting politics and industry to internal development, and examines how this fueled a lasting, white-dominated colonial society.
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