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"In this incisive fifth edition of Financial Crises and Recession in the Global Economy, Roy E. Allen examines the major financial instabilities, crises, and evolutionary trends since the 1970s and through the recent Covid-19 pandemic. Providing empirical research on the relation between money...
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the current global financial system. Asia was adversely affected by the crisis not only because of its dependence on trade …, but also because of its heavy reliance on the US dollar for regional and international transactions. As Asia's role in the … markets, and is more politically feasible in transition. As such, extending the trade settlement scheme to the rest of Asia …
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This book provides a good basis for a graduate course in international finance. It also serves as a reference source for professional economists. Though other good surveys and handbooks are available, they are too extensive to serve as a graduate textbook. In many cases they are outdated, as...
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