{"product_id":"9783030365783","title":"Global Financial Centers, Economic Power, and (In)Efficiency","description":"\u003ch1\u003eGlobal Financial Centers, Economic Power, and (In)Efficiency\u003c\/h1\u003e \u003ch2\u003eČaušević, Fikret\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis book scrutinizes global financial flows and stocks, both financial assets and liabilities and their impact on the global balance of economic power, especially as they affect the largest and fastest-growing countries in both the developed and the developing world. It shows how financial flows can promote economic growth and financial capital can serve as a tool for higher growth rates in emerging market economies, but also that the huge amounts of financial capital currently being spent in advanced countries to promote economic growth has produced at best very modest improvements and in some cases negative results.\u003c\/p\u003e\u003cp\u003eThe book opens with an analysis of global capital flows and their concentration. It then offers an analysis of rates of relative economic growth (or decline). The final section deals with the (decreasing) economic efficiency of financial flows and the (un)sustainability of economic growth, especially during the past eight years of economic recovery. Tackling oneof the most serious problems in the global economy today, this book will be of interest to academics, researchers, and students of capital markets, financial crisis, and financial economics.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Palgrave Pivot\u003c\/p\u003e \u003cp\u003ePublication Date: 2020-12-27\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783030365783\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-030-36576-9\u003c\/p\u003e \u003cp\u003eDimensions: 210cm x148cm\u003c\/p\u003e \u003cp\u003ePages: 167\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":45385473851532,"sku":"9783030365783","price":49.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783030365783.jpg?v=1776041918","url":"https:\/\/fh90cf-fv.myshopify.com\/products\/9783030365783","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}