miércoles, febrero 28, 2007

The next great globalization

Siguiendo con el post anterior y su relación con los efectos de la globalización y los mercados financieros, voy a recomendar un libro (que aún no leí) pero que sí pude conseguir algunos abstracts y reviews. Se trata del último de Frederic Mishkin (nada menos).


En El Economista del viernes pasado, Francisco Sanchez lo analiza y parece que no le gustó mucho. (A propósito de dicho comentario, los últimos seis renglones son casi calcados de un comentario que dejó Miguel Olivera en un post de los chiflados, Sanchez leyó los Chiflados o bien Olivera leyó a Sanchez, o son los mismos, ¡qué sé yo!)

Retomando, como bien dijo Sanchez, el libro es el perfecto manual anti-globalización si se lee la parte donde el autor expone todas las críticas o fracasos de la globalización. Muy interesante y sólo por esto ya vale la pena. Pero luego profundiza y llega a su propuesta para que esas fallas no se reiteren y es allí donde se pone verdaderamente interesante y desata las pasiones.

Otra visión es la de Foreing Affairs:
The key message of this cogently argued book is that economic development requires a well-functioning financial market and that a well-functioning financial market requires extensive links to world capital markets. Not all developing countries need to import capital to foster growth, but all need competition and the demonstration of best practice to overcome local cliques or oligarchs that both foster and thrive on the exclusion of competition, which typically leads to serious misallocations of capital. In developing this central thesis, the Columbia University economist Mishkin addresses the need for regulatory reform in emerging markets, the measures required to avoid financial crises and to recover from them quickly when they occur, and the appropriate role for the international community, especially the International Monetary Fund. He provides excellent studies of the financial crises in Mexico (1994-95), South Korea (1997-98), and Argentina (2001-2), drawing lessons from both what was done badly and what was done well.
Sanchez no está de acuerdo en absoluto con esto.

Será entonces interesante leerlo y que cada uno saque sus propias conclusiones.

Etiquetas: , ,

4 Comentarios:

At 5:14 p. m., Anonymous Anónimo said...

Good day !.
You may , perhaps curious to know how one can collect a huge starting capital .
There is no need to invest much at first. You may commense to receive yields with as small sum of money as 20-100 dollars.

AimTrust is what you need
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.

It is based in Panama with affiliates everywhere: In USA, Canada, Cyprus.
Do you want to become an affluent person?
That`s your choice That`s what you desire!

I`m happy and lucky, I began to get real money with the help of this company,
and I invite you to do the same. If it gets down to select a correct companion utilizes your money in a right way - that`s it!.
I earn US$2,000 per day, and my first deposit was 1 grand only!
It`s easy to start , just click this link http://anyfiqac.kogaryu.com/zahewi.html
and lucky you`re! Let`s take this option together to feel the smell of real money

 
At 8:11 p. m., Anonymous Anónimo said...

Hello!
You may probably be very interested to know how one can make real money on investments.
There is no need to invest much at first.
You may begin to get income with a money that usually is spent
on daily food, that's 20-100 dollars.
I have been participating in one project for several years,
and I'm ready to share my secrets at my blog.

Please visit blog and send me private message to get the info.

P.S. I make 1000-2000 per daily now.

http://theinvestblog.com [url=http://theinvestblog.com]Online Investment Blog[/url]

 
At 6:08 a. m., Anonymous Anónimo said...

Again in 1986 it was the patented electricity rod designed by Tessema Dosho
Shifferaw that served carry forth its level of popularity.


my weblog :: full dumbbell set

 
At 3:29 p. m., Anonymous Anónimo said...

You can have triple outcomes in one setting; no want for other high-priced items
of tools.

Here is my web site - http://www.getfitnstrong.com/adjustable-dumbbells/7-reasons-adjustable-dumbbell-set/

 

Publicar un comentario

<< Home

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 2.5 License.