Emerging Economies and the Global Financial System : Post-Keynesian Analysis (Hardcover)

Part I. Introduction and Background 1. Introduction Bruno Bonizzi, Annina Kaltenbrunner and Raquel A. Ramos 2. Two Post Keynesian approaches to international finance: the compensation thesis and the cambist view Marc Lavoie 3. Trade versus capital flows: the key implicit methodological differences between the neoclassical and Post Keynesian approaches to exchange rate determination John T. Harvey PART II. Minsky, balance sheets, and cycles 4. A Minskyan framework for the analysis of financial flows to emerging economies Bruno Bonizzi and Annina Kaltenbrunner 5. Post Keynesian and structuralist approaches to boom-bust cycles in emerging economies Karsten Kohler 6. Cost competitiveness and asset prices as determinants of the current account in emerging economies Alexander Guschanski and Engelbert Stockhammer 7. Space in Post Keynesian monetary economics: an exploration of the literature Gary Dymski and Annina Kaltenbrunner PART III. Currency Hierarchy 8. Evolving international monetary and financial architecture and the development challenge - a liquidity preference theoretical perspective Jorg Bibow 9. International money, privilege and underdevelopment Hansjorg Herr and Zeynep Nettekoven 10. The Post Keynesian View on Exchange Rates: towards the consolidation of the different contributions in the ABM and SFC frameworks Raquel A. Ramos and Daniela Magalhaes Prates 11. A Post Keynesian framework for real exchange rate determination: an overview Lucio Barbosa, Frederico G. Jayme Jr. and Fabricio J. Misso Part IV. Current Account and Growth 12. The Kaleckian theory of exchange rates Jan Toporowski 13. Financial liberalization, exchange rate dynamics and the financial Dutch disease in developing and emerging economies Alberto Botta 14. Global financial flows in Kaleckian models of growth and distribution: a survey Pablo Bortz Part V. Policy Implications 15. Implications of Modern Money Theory on Development Finance Yan Liang 16. Monetary sovereignty in the Post Keynesian perspective: in the search of a concept Daniela Magalhaes Prates 17. Dealing with global financial asymmetry: Contributions of Regional Monetary Cooperation Between Emerging Markets and Developing Countries Laurissa Muhlich and Barbara Fritz 18. De-regulation of Finance in China and India: a Post Keynesian Analysis Sunanda Sen