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David Lubin
More books by David Lubin…
“By the early 2000s, though, it seemed that one lesson, at least, was learned. But this was not that the volatility of global capital flows was a problem in itself. The lesson, rather, was that developing countries were not well enough equipped to see their way through the volatility of international capital flows. In other words, it wasn’t that the international financial system per se needed to be made safer for developing countries; it was that developing countries needed to do more to ensure their own safety within the international financial system.”
― Dance of the Trillions: Developing Countries and Global Finance
― Dance of the Trillions: Developing Countries and Global Finance
“What we have here is a situation where the pull factor of rising reserves and stronger creditworthiness actually created its own push factor by depressing U.S. yields and therefore pushing more capital toward higher-yielding developing countries.”
― Dance of the Trillions: Developing Countries and Global Finance
― Dance of the Trillions: Developing Countries and Global Finance
Topics Mentioning This Author
| topics | posts | views | last activity | |
|---|---|---|---|---|
| The History Book ...: ART - WORLD WAR I | 31 | 263 | Oct 27, 2016 12:37PM |
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