Turbulent Waters : Cross-Border Finance and International Governance

facilitate saving and investment and thereby advance the well-being of individuals. But they can also generate turbulence and instability. Most individuals are unsure whether financial globalization promotes or threatens prosperity for a majority of the worlds people. Bryant explains basic concepts about financial activity and collective governance, distills their international dimensions, and enables general readers to acquire a solid grasp of the key policy issues that national governments must resolve. He provides fresh insights about what is often termed the international financial architecture. But he also casts his net far wider: the books ambitious goal is no less than to outline a pragmatically sound vision for the evolution of international governance for the world economy and financial system. [Publisher's text]