01642cam a2200241 4500 7398 20181127183546.0 020801s2003 maua b 001 0 eng 2002029829 1843760282 332 21 Hawkins, Penelope Anne, 1965- The open economy and its financial constraints / Penelope Anne Hawkins. Northhampton, MA : Edward Elgar Publishing, c2003. xii, 273 p. : ill. ; 24 cm. Based on the author's Ph. D. thesis. Includes bibliographical references and index. Contents: Introduction 1. Constraints and Economic Theory 2. Money, Liquidity Preference and Banks 3. Banks' Liquidity Preference and Financial States of Constraint 4. Liquidity Preference and Capital Flows in an Open Economy 5. Financial Vulnerability and the Open Economy 6. Three Vulnerable Economies: Thailand, Brazil and South Africa 7. Financial Constraints on Economic Activity and Employment in South Africa 8. International Liquidity Preference and Vulnerable Economies 9. Conclusion Bibliography Index The Open Economy and its Financial Constraints explores the role of money and finance in an open economy. The existence of money and global financial flows compound the likelihood of financial constraints, in particular, financial vulnerability, financial exclusion and financial fragility, and create the possibility of unemployment. Business cycles Case studies. Liquidity (Economics) Case studies. 6318 6318 0 0 ddc 0 0 MAIN RTCLIB RTCLIB MAIN 11355 0 332 HAW 30011084 2018-11-27 00:00:00 2018-11-27 MAIN