Excerpt
Excerpt
The Governance of International Finance. Jeffry Frieden, 2016, Paper. "International finance is at the cutting edge of contemporary international economic integration. Today’s global financial markets are of enormous size and can move huge quantities of money around the world with extraordinary speed and massive effect. Their impact was demonstrated with a vengeance during the Great Financial Crisis (GFC) that began at the end of 2007, during which financial markets transmitted economic impulses – many of them highly damaging – from country to country in a matter of days or weeks..." Link