عنوان

The global economic crisis :

(Number (ISBN

9211127653

(Number (ISBN

9789211127652

Number

b509150

Title Proper

The global economic crisis :

General Material Designation

[Book]

Other Title Information

systemic failures and multilateral remedies /

First Statement of Responsibility

report by the UNCTAD Secretariat Task Force on Systemic Issues and Economic Cooperation

Place of Publication, Distribution, etc.

Geneva :

Name of Publisher, Distributor, etc.

United Nations,

Date of Publication, Distribution, etc.

2009

Specific Material Designation and Extent of Item

xiv, 64 p. :

Other Physical Details

ill. ;

Dimensions

30 cm

Text of Note

Includes bibliographical references (p. 61-64)

Text of Note

1. A crisis foretold -- 2. Financial regulation: fighting todays crisis today -- 3. Managing the financialization of commodity futures trading -- 4. Exchange rate regimes and monetary cooperation -- 5. Towards a coherent effort to overcome the systemic crisis -- References

0

Text of Note

This report investigates three specific areas in which the global economy experienced systemic failure. These are interrelated issues of importance to developed and developing countries alike. The report proposes measures to address the systemic failures they have entailed: (a) how the ideology of financial deregulation within and across nations allowed the build-up of pressures whose unwinding has damaged the credibility and functioning of the market-based models that have underpinned financial development throughout the world; (b) how the growing role of large-scale financial investors on commodities futures markets has affected commodity price volatility and fed speculative bubbles; and (c) the role of widespread currency speculation in exacerbating global imbalances and fuelling the current crisis in the absence of a cooperative international system to manage exchange rate fluctuations to the benefit of all nations

Capital movements

Commodity futures

Financial crises

Financial services industry-- Deregulation

Foreign exchange administration

International finance

Speculation

Number

Edition

Class number

Class number

Book number

Book number

United Nations Conference on Trade and Development

Date of Transaction

20090601132323.0

Electronic name

[Book]

Y