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100 1 _aDAVIDSON, Paul
_914941
245 1 0 _aLiquidity vs. efficiency in liberalized international financial markets :
_ba warning to developing economies
260 _aSão Paulo :
_bEditora 34,
_cjul./set. 2000
520 3 _aUntil 1973 the postwar international payments system was, in large measure, shaped by Keynes’s thesis that flexible exchange rates and free international capital mobility are incompatible with global full employment and rapid economic growth in an era of multilateral free trade (Felix, 1977-8). This resulted in a stable interna-tional monetary system that permitted the global economy to experience unparalleled economic growth and prosperity despite widespread capital controls and international financial market regulations. Since 1973, the financial system has grown progressively more fragile with recurrent and increasingly stressful international debt and currency liquidity crises threatening the stability of the global economy
590 _aRevista de Economia Política 2000
590 _av. 20, n. 3(79)
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g20, 3 , p. 3-21
_dSão Paulo : Editora 34, jul./set. 2000
_xISSN 01013157
_w
942 _cS
998 _a20071219
_b1743^b
_cMariana
998 _a20140206
_b1522^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c25385
_d25385
041 _aeng