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Finance and Capital Flows
DOI link for Finance and Capital Flows
Finance and Capital Flows book
Finance and Capital Flows
DOI link for Finance and Capital Flows
Finance and Capital Flows book
ByPeter McManners
Edition 1st Edition
First Published 2010
Imprint Routledge
Pages 20
eBook ISBN 9781315585925
ABSTRACT
I wrote the preceding paragraph in early 2007 before the financial crisis of 2008 (McManners 2008: 171-2). I was not to know how prophetic my words would be. The context of the paragraph was part of my analysis of the role of capital markets in a sustainable society. My general conclusion was that ‘capital markets … have developed to suit a narrow economic focus … [and] … the relentless drive to deliver short-term results is not conducive to building a sustainable future’. I made a number of proposals for improvement.