Cristobal Antonio Caicedo Villanueva Grupo 4AD 1033819373 Esquema Cita En Ingles
“Invariably, they followed from an unruly
integration with global financial markets, made possible by radical domestic financial liberalization and hasty capital account liberalization. In the absence of strong precautionary mechanisms, exposure to highly volatile and speculative capital flows resulted in the accumulation of deep macroeconomic imbalances in each instance, eventually triggering devastating financial crises followed by economy-wide recessions” Cita En Ingles
Rather than extolling the virtues of self-
regulating markets, they now emphasized the need for cultivating Good governance, building strong regulatory arrangements, and adopting pro-poor growth strategies through sweeping domestic institutional reforms” Deregulation gave borrowers a new-found freedom, and for some of them it was a case of giving them more rope wirh which to hang themselves Bibliografía • Sassen, S. (2003). Localizando ciudades en circuitos globales. Eure, 5-27. • Klein, N. (2010). Las resistencias a la ‘doctrina del shock’ en América Latina. En I. León (Coord.), Buen vivir y cambios civilizatorios (págs. 41-54). • 05. Guven, A. B., & Önis, Z. (2011). The Global Economic Crisis and the Future of Neoliberal Globalization:Rupture Versus Continuity. Global Governance • Grenville, S. (1999). Financial Crises and Globalisation. Bretton Woods Committee. Canberra.