
Global Financial Centers, Economic Power, and (In)Efficiency (eBook, PDF)
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Scrutinizes global financial flows and stocks, both financial assets and liabilities and their impact on the global balance of economic power
Opens with an analysis of global capital flows and their concentration
Offers an analysis of rates of relative economic growth (or decline)
Shows how financial flows can promote economic growth and financial capital can serve as a tool for higher growth rates in emerging market economies
Deals with the (decreasing) economic efficiency of financial flows and the (un)sustainability of economic growth
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