Hudson David - Global Finance And Development - Paperback

Binding: Paperback
Description: The question of money how to provide it and how to acquire it where needed is axiomatic to development. The realities of global poverty and the inequalities between the haves and the have - nots are clear and well documented and the gaps between world's richest and the world's poorest are ever - increasing. But even though funding development is assumed to be key the relationship between finance and development is contested and complex. This book explores the variety of relationships between finance and development offering a broad and critical understanding of these connections and perspectives. It breaks finance down into its various aspects with separate chapters on aid debt equity microfinance and remittances. Throughout the text finance is presented as a double - edged sword: while it is a vital tool towards poverty reduction helping to fund development more critical approaches remind us of the ways in which finance can hinder development. It contains a range of case studies throughout to illustrate finance in practice including UK aid to India debt in Zambia Apple's investment in China microfinance in Mexico government bond issues in Chile and financial crisis in East Asia. The text develops and explores a number of themes throughout such as the relationship between public and private sources of finance and debates about direct funding versus the allocation of credit through commercial financial markets. The book also explores finance and development interactions at various levels from the global structure of finance through to local and everyday practices. Global Finance and Development offers a critical understanding of the nature of finance and development. This book encourages the reader to see financial processes as embedded within the broader structure of social relationships. Finance is defined and demonstrated to be money and credit but also crucially the social relationships and institutions that enable the creation and distribution of credit and the consequences thereof. This valuable text is essential reading for all those concerned with poverty inequality and development.
Title: Global Finance And Development
Author(s): Hudson David
Publisher: Taylor & Francis Ltd
Barcode: 9780415436359
Pages: 382 Pages, 12 Tables, Black And White; 63 Line Drawings, Black And White; 63 Illustrations, Black An
Publication Date: 11/1/2014
Series: Routledge Perspectives on Development
Category: Regional Geography