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Books > Medicine > Other branches of medicine > Clinical psychology > Psychotherapy
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Global Finance and Development (Paperback)
Loot Price: R554
Discovery Miles 5 540
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Global Finance and Development (Paperback)
Series: Routledge Perspectives on Development
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Loot Price R554
Discovery Miles 5 540
Expected to ship within 5 - 10 working days
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The question of money, how to provide it, and how to acquire it
where needed is axiomatic to development. The realities of global
poverty and the inequalities between the 'haves' and the
'have-nots' are clear and well documented, and the gaps between
world's richest and the world's poorest are ever-increasing. But,
even though funding development is assumed to be key, the
relationship between finance and development is contested and
complex. This book explores the variety of relationships between
finance and development, offering a broad and critical
understanding of these connections and perspectives. It breaks
finance down into its various aspects, with separate chapters on
aid, debt, equity, microfinance and remittances. Throughout the
text, finance is presented as a double-edged sword: while it is a
vital tool towards poverty reduction, helping to fund development,
more critical approaches remind us of the ways in which finance can
hinder development. It contains a range of case studies throughout
to illustrate finance in practice, including, UK aid to India, debt
in Zambia, Apple's investment in China, microfinance in Mexico,
government bond issues in Chile, and financial crisis in East Asia.
The text develops and explores a number of themes throughout, such
as the relationship between public and private sources of finance
and debates about direct funding versus the allocation of credit
through commercial financial markets. The book also explores
finance and development interactions at various levels, from the
global structure of finance through to local and everyday
practices. Global Finance and Development offers a critical
understanding of the nature of finance and development. This book
encourages the reader to see financial processes as embedded within
the broader structure of social relationships. Finance is defined
and demonstrated to be money and credit, but also, crucially, the
social relationships and institutions that enable the creation and
distribution of credit and the consequences thereof. This valuable
text is essential reading for all those concerned with poverty,
inequality and development.
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