{"product_id":"capture-and-exclude","title":"Capture and Exclude","description":"\u003cp\u003eAuthor: Amiya Kumar Bagchi\u003cbr\u003eSeveral Contributors\/\u003cbr\u003eTranslator(s)\/ Edito: Amiya Kumar Bagchi\/Gary A Dymski\u003cbr\u003ePublisher: Tulika\u003cbr\u003eYear: 2007\u003cbr\u003eLanguage: English\u003cbr\u003ePages: 343\u003cbr\u003eISBN\/UPC (if available): 81-89487-26-4\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003e Description\u003c\/b\u003e\u003c\/p\u003e\u003cp\u003eThe essays gathered in this book address two broad questions. What are the legacies of the imperial age and the colonial epoch, in the capitalist economy of the present day? And what challenges do global financial dynamics pose for developing countries, and for lower - and middle-income households?\u003cbr\u003e\u003cbr\u003eIncreasing cross-border economic flows have attracted ever more attention. Ironically, cross-border financial relations are centuries old: they date to the birth of the modern nation-state, and, indeed, emerged under the dual shadows cast by imperialism and colonialism. Under colonialism, the financial flows were asymmetric, almost always flowing from the periphery to the core. This historical fact has continuity in the world economy’s financial core – the US, Western Europe, Japan and newly emerging urban East Asia, and a few selected regions elsewhere. There, globalization has, in the past quarter-century, provided ever more investment and credit options for firms and consumers with access to what Marx would have called ‘world money’.\u003cbr\u003e\u003cbr\u003eBut any balance-sheet of the contemporary impacts of cross-border financial flows for nations outside this global core – that is, formerly colonialized and imperially dominated areas – would look quite different. Certainly, there are global ‘financial citizens’ in these countries, who have benefited from free global financial flows. But, overall, these nations’ macroeconomics have been compromised by contractionary policies forced on them due to recurrent cross-border financial crises; tragedies have unfolded in the wake of these macro shocks. \u003cbr\u003e\u003cbr\u003eThe chapters in this book investigate three interlocking domains: the terrain of ideology about how global financial markets are supposed to work, across nations and across genets; the terrain of institutions and market structure; and the terrain of macroeconomic and regulatory policy. Special attention is paid to the situation of India. \u003cbr\u003e\u003cbr\u003eThis book demonstrates that, because asymmetric power rooted in imperialism and exploitation underlies the current era, exclusion and fragility are persistent features of the world in which we live.\u003c\/p\u003e\u003cp\u003eContents\u003c\/p\u003e\u003cp\u003eAcknowledgements\u003cbr\u003e\u003cbr\u003eContributors\u003cbr\u003e\u003cbr\u003eTHEMES AND TRENDS: DEVELOPING NATIONS IN\u003cbr\u003eTHE AGE OF FINANCE\u003cbr\u003eGlobal Financial Integration – I\u003cbr\u003eThe Overlooked Historical Context of the Current Period\u003cbr\u003e   AMIYA KUMAR BAGCHI\u003cbr\u003e\u003cbr\u003eGlobal Financial Integration – II\u003cbr\u003eExclusion, Vulnerability and Systemic Fragility\u003cbr\u003e   GARY A DYMSKI\u003cbr\u003e\u003cbr\u003eCentral Bank ‘Autonomy’ in the Age of Finance:\u003cbr\u003eThe Implications of the Developing Countries\u003cbr\u003e  JAYATI GHOSH\u003cbr\u003e\u003cbr\u003eThe Illusionism of Finance\u003cbr\u003e  PRABHAT PATNAIK\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eHISTORIES OF THE PERIPHERY AND OF THE CENTRE\u003cbr\u003eThe facts and Fictions of Financial Architecture:\u003cbr\u003eEvidence from the Late Nineteenth Century\u003cbr\u003e   MARC FLANDREAU \u0026amp; CLEMENS JOBST\u003cbr\u003e\u003cbr\u003eThe Imperial Impact on the Globalization of Indian\u003cbr\u003eFinance prior to the First World War: The Role of the \u003cbr\u003eBritish Colonial Exchange Banks\u003cbr\u003e   JOHN McGUIRE\u003cbr\u003e\u003cbr\u003eFinance and Production in the United States, 1928-2001:\u003cbr\u003eAn Empirical Note\u003cbr\u003e   PORUS OLPADWALA \u0026amp; YURI MANSURY\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eShareholder Value Maximization, Stock Market and \u003cbr\u003eNew Technology: should the US Corporate Model be\u003cbr\u003eThe Universal Standard?\u003cbr\u003e  AJIT SINGH, JACK GLEN, ANN ZAMMIT, RAFAEL DE-\u003cbr\u003e  HOYOS, ALAKA SINGH \u0026amp; BRUCE WEISSE\u003cbr\u003e\u003cbr\u003eThe Globalization of Finanical Exp;loitation\u003cbr\u003e  GARY A. DYMSKI\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eINSIGHTS INTO THE INDIAN FINANCIAL STRUCTURE \u003cbr\u003eAND EXPERIENCE\u003cbr\u003eCredit Risk and Bank Fragility in the \u003cbr\u003eNew Financial Environment \u003cbr\u003eC.P. CHANDRASEKHAR\u003cbr\u003e\u003cbr\u003eStock market Development and Financing of the\u003cbr\u003eCorporate Sector in India: Some Recent Evidence\u003cbr\u003e  PARTHAPRATIM PAL\u003cbr\u003e\u003cbr\u003eLiberalization of Capital Inflows and the \u003cbr\u003eReal Exchange Rate in India: A VAR Analysis\u003cbr\u003e  INDRANI CHAKRABORTY\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eCOMPARISONS AND LESSONS\u003cbr\u003eFinancial Liberalization in Eastern Europe: Fortunate\u003cbr\u003eFetters or Financial Underdevelopment?\u003cbr\u003eADAM HERSH \u0026amp; CHRISTIAN E. WELLER\u003cbr\u003e\u003cbr\u003eThe Emerging Hubs in Central-Eastern Europe,\u003cbr\u003eTrade Blocs and Financial Cooperation\u003cbr\u003e  GIUSEPPE TATTARA\u003cbr\u003e\u003cbr\u003eChina in the Bull Shop: Dealing with Finance \u003cbr\u003eAfter WTO\u003cbr\u003eSUNANDA SEN\u003cbr\u003e\u003cbr\u003e\u003cbr\u003eFinance: Lessons for India\u003cbr\u003e  AMIYA KUMAR BAGCHI\u003cbr\u003e\u003cbr\u003eIndex\u003c\/p\u003e","brand":"The India Club","offers":[{"title":"Amiya Kumar Bagchi \/ Tulika \/ Hardcover","offer_id":68153545851248,"sku":"23170","price":48.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1041\/5203\/9792\/files\/23170.jpg?v=1793910975","url":"https:\/\/marketcalvexa.shop\/products\/capture-and-exclude","provider":"Alderstone House","version":"1.0","type":"link"}