A Study into Financial Globalization, Economic Growth and (In)Equality

This book focuses on the impact of financial liberalisation and globalisation on economic growth and inequality worldwide over the past quarter century. It places a particular emphasis on the first fourteen years of this century. It begins by exploring certain assumptions developed as a result of early works in the field, providing a critical review of some of the most important academic works published over the past twenty years. It then goes on to present a comparative measurement of the economic performance of key countries for which data is available in the World Bank database, including G-10 countries, EU countries, and fastest growing countries like China, India, and small-open oil-producing economies.

Focuses on the interactions between financial liberalization and economic growth Explores the sustainability of growth models from some of the fastest growing economies Investigates the impact of economic growth on inequalities in the world over the last quarter of a century

Autorentext

Fikret auevi is Professor of Economics and International Finance at the School of Economics and Business, University of Sarajevo, Bosnia and Herzegovina. In 2002, 2006, 2007 and 2010 he was a Visiting Fellow under the South East Europe Faculty Development Programme at the London School of Economics and Political Science, UK. In the 2011/2012 academic year Professor auevi was the SEESOX Alpha Bank Visiting Fellow at St Antony's College, University of Oxford, UK. Over the last decade he has written extensively about economic transition in the world, South-East Europe, the Western Balkans, and Bosnia and Herzegovina.

Inhalt
Chapter 1: Introduction.- Chapter 2: Financial Globalization and Economic Growth Literature Review with Comments.- Chapter 3: Global economic growth, financial openness and inequality: 1990 2014 22Chapter 4: The fastest-growing economies and financial openness.- Chapter 5: Global Financial Openness in the Advanced, Emerging and Developing Countries: A Brief Overview.- Chapter 6: Financial liberalization and globalization: theory and facts over the last three decades.- Chapter 7: Concluding remarks: financial openness, economic growth and (in)equalities in the world.