Monetary policy and risk management in financial globalization
Gespeichert in:
Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Hauppauge, New York
Nova Science Publishers, Inc.
[2015]
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Schriftenreihe: | Monetary, fiscal and trade policies
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Schlagworte: | |
Online-Zugang: | FLA01 |
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Inhaltsangabe:
- Globalization is a complex, forceful, legal and social process that takes place within an integrated whole with no regard for geographical boundaries. Financial globalization is criticized for consequential increases in economic volatility and disruptions to monetary policy autonomy. Globalization increases the vulnerability of economies to shock while restraining the apparatus that central banks and policy authorities have for dealing with said shocks engendered at home and abroad. Globalization and corporate governance interact to deal with governance issues arising from the globalization of