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Books > Business & Economics > Economics > Macroeconomics
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Financialisation - Measurement, Driving Forces and Consequences (Hardcover)
Loot Price: R2,785
Discovery Miles 27 850
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Financialisation - Measurement, Driving Forces and Consequences (Hardcover)
Expected to ship within 12 - 17 working days
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This timely book explores the measurement and consequences of
financialisation, as well as its driving forces, to take a fresh
look at reconciling the twin concepts of financialisation and
financial development. Imad Moosa provides a critical review of
these two separate strands – the individual measures of economic
development and financialisation – on the grounds that they are
inadequate to represent a multi-dimensional process. Introducing a
new composite measure encompassing the means of payment and asset
ownership as well as conventional indicators, Moosa expertly
investigates the economic, political and social consequences of
financialisation. Identifying the driving forces of
financialisation, he concludes that there is a requirement to
reverse the current trend using more than just legislation and
regulation to secure a sound and stable economy. This innovative
book will be a fascinating and informative read for academics and
research students of financial economics, regulation and economic
sociology. Policy makers and politicians engaged in financial
regulation will find the suggested insights into achieving future
financial stability thought-provoking.
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