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Stability in International Finance

Applications of Price Disequilibrium Theory

  • Frederick Betz

Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS)

Table of contents

  1. Front Matter
    Pages i-xi
  2. Frederick Betz
    Pages 1-18
  3. Frederick Betz
    Pages 51-64
  4. Frederick Betz
    Pages 95-111
  5. Frederick Betz
    Pages 113-128
  6. Frederick Betz
    Pages 129-148
  7. Frederick Betz
    Pages 149-165
  8. Frederick Betz
    Pages 167-181

About this book

Introduction

This book aims to explore stability in an international financial system using disequilibrium theory. It examines historical cases of both instability and stability and reviews price-disequilibrium theory to construct a theoretical model for a stable international financial system. 

In the modern knowledge economy in a global world, financial socio-technical systems still continue to be central to global commerce.  Moreover, technological advances in computer and communications have changed both the knowledge economy and the financial system.  While globalization and technology have made international finance more powerful and important to knowledge economies, they have also increased the volatility, instability, and fraudulent use of international finance. The international world has not experienced a long-term, stable financial system after 1913. International financial systems have been periodically unstable, triggering financial crises and resultant economic depressions in different nations. Yet the global economy cannot develop properly without a stable international system, which distributes wealth to economically productive activities.  How then can a stable and modern international-financial-system be constructed? In this provocative volume, the authors applies the cross-disciplinary analysis of societal dynamics to important economic writers to derive a new approach to the problem of stabilizing international financial systems.  

Keywords

Bretton Woods System Financial Bubbles Financial Hegemony Financial Instability Fiscal Instability International Finance System International Monetary Fund International Regulation Price Disequilibrium Theory World Bank Group

Authors and affiliations

  • Frederick Betz
    • 1
  1. 1.EnumclawUSA

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-319-26760-9
  • Copyright Information The Author(s) 2016
  • Publisher Name Springer, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-26758-6
  • Online ISBN 978-3-319-26760-9
  • Series Print ISSN 2191-5504
  • Series Online ISSN 2191-5512
  • Buy this book on publisher's site