Financial Deepening and Post-Crisis Development in Emerging Markets
This collection empirically and conceptually advances our understanding of the intricacies of emerging markets’ financial and macroeconomic development in the post-2008 crisis context. Covering a vast geography and a broad range of economic viewpoints, th
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Financial Deepening and Post-Crisis Development in Emerging Markets
Aleksandr V. Gevorkyan • Otaviano Canuto Editors
Financial Deepening and Post-Crisis Development in Emerging Markets Current Perils and Future Dawns
Editors Aleksandr V. Gevorkyan St. John’s University Queens, New York, USA
Otaviano Canuto Potomac, Maryland, USA
ISBN 978-1-137-52245-0 ISBN 978-1-137-52246-7 DOI 10.1057/978-1-137-52246-7
(eBook)
Library of Congress Control Number: 2016940871 © The Editor(s) (if applicable) and The Author(s) 2016 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper This Palgrave Macmillan imprint is published by Springer Nature The registered company is Nature America Inc. New York
The views expressed in the chapters of this book are those of the respective authors and do not necessarily represent those of the organizations with which the authors are affiliated
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ACKNOWLEDGMENTS
Financial Deepening and Post-Crisis Development in Emerging Markets is a compilation of diverse but logically coherent contributions on the problem of emerging markets’ financial and macroeconomic development in the context of the post-2008 crisis. A loosely mixed and changing association of developing economies, emerging markets have evolved in the post-crisis environment as integral to the stability of the global financial system and sustainable growth of the global economy. It is in such setting that this study, covering a vast geography and a broad range of economic viewpoints, serves as an informed guide in the unchartered waters of the post-crisis redefined fundamental uncertainty. The ultimate meaningful impact this study may have in the annals of global macroeconomic development is all due to the world-class expertise and profound subject matter knowledge of the chapter authors who have generously contributed to this work. For that we are sincerely thankful for the contributors’ labor, time, patience, and compliance with the editorial
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