Financial Liberalization Beyond Orthodox Concerns
The financial liberalization thesis emerged in the 1970s and has been of considerable importance ever since, not merely in terms of its theoretical influence but, perhaps more importantly, in terms of its impact on policy makers and policy debates. Althou
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Edited by Philip Arestis and Malcolm Sawyer
Financial Liberalization
International Papers in Political Economy Series Series Editors: Philip Arestis and Malcolm Sawyer International Papers in Political Economy publishes one annual themed volume per year. Each volume focuses on an important issue in Political Economy. Titles include: Phillip Arestis and Malcolm Sawyer FINANCIAL LIBERALIZATION Beyond Orthodox Concerns.
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Financial Liberalization Beyond Orthodox Concerns Edited by
Philip Arestis and
Malcolm Sawyer
Selection and Editorial Matter © Philip Arestis & Malcolm Sawyer 2005 Individual chapters © contributors 2005
Softcover reprint of the hardcover 1st edition 2005 978-0-333-99759-8 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission. No paragraph of this publication may be reproduced, copied or transmitted save with written permission or in accordance with the provisions of the Copyright, Designs and Patents Act 1988, or under the terms of any licence permitting limited copying issued by the Copyright Licensing Agency, 90 Tottenham Court Road, London W1T 4LP. Any person who does any unauthorised act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and Patents Act 1988. First published 2005 by PALGRAVE MACMILLAN Houndmills, Basingstoke, Hampshire RG21 6XS and 175 Fifth Avenue, New York, N.Y. 10010 Companies and representatives throughout the world PALGRAVE MACMILLAN is the global academic imprint of the Palgrave Macmillan division of St. Martin’s Press, LLC and of Palgrave Macmillan Ltd. Macmillan® is a registered trademark in the United States, United Kingdom and other countries. Palgrave is a registered trademark in the European Union and other countries.
ISBN 978-1-349-43285-1
ISBN 978-0-230-52238-1 (eBook)
DOI 10.1057/9780230522381 This book is printed on paper suitable for recycling and made from fully managed and sustained forest sources. A catalogue record for this book is available from the British Library. Library of Congress Cataloging-in-Publication Data Financial liberalization : beyond orthodox concerns / edited by Philip Arestis and Malcolm Sawyer. p. cm. — (International papers in political economy) Includes bibliographical references and index. 1. Finance. 2. Financial crises. 3. Banks and banking. Philip, 1941– II. Sawyer, Malcolm C. III. Series. HG173.F5137 2005 332—dc22 10 14
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