Globalization and Economic and Financial Instability

The Globalization of the World Economy series

Edited by the late H. Peter Gray, formerly Emeritus Professor of International Business and Economics, Rutgers, The State University of New Jersey, New Brunswick, US and John R. Dilyard, Associate Professor, St Francis College, US

Globalization and Economic and Financial Instability is an authoritative collection of important previously published articles addressing the changing nature of the linkages between domestic financial systems caused by the globalization of economic activity and capital flows. How these linkages affect developed emerging and developing economies are investigated as well as how increased linkages between economies might add to economic instability in these economies.

‘An excellent collection of papers on a critical, but much misunderstood topic. Professors Gray and Dilyard’s introduction is a concise and masterly summary of the key issues involved. The volume is a “must read” for all international finance, economics and business scholars and practitioners.’
– John H. Dunning, University of Reading, UK and Rutgers University, US