000 01642cam a2200241 4500
001 7398
005 20181127183546.0
008 020801s2003 maua b 001 0 eng
010 _a 2002029829
020 _a1843760282
082 0 0 _a332
_221
100 1 _aHawkins, Penelope Anne,
_d1965-
245 1 4 _aThe open economy and its financial constraints /
_cPenelope Anne Hawkins.
260 _aNorthhampton, MA :
_bEdward Elgar Publishing,
_cc2003.
300 _axii, 273 p. :
_bill. ;
_c24 cm.
500 _aBased on the author's Ph. D. thesis.
504 _aIncludes bibliographical references and index.
505 _aContents: 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
_g
_r
_t
520 _aThe 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.
650 0 _aBusiness cycles
_vCase studies.
650 0 _aLiquidity (Economics)
_vCase studies.
999 _c6318
_d6318