Daniela Gabor on Financial Globalization, Capital Controls, and the Critical Macrofinance Framework
Macro Musings with David Beckworth
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Critical Macro Finance - A Theoretical Lens
The paper is titled critical macro finance, a theoretical lens. And you list four propositions. But proposition one is us led financial capitalism has evolved around market based finance anchored in changing practices for producing liquidity. So if we look in sort of imbroad terms, over the last forty years, we have had an increasingly er er, globalized financial system. That is, an export of the us model to countries across the world.
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