IDEAS home Printed from https://ideas.repec.org/p/qeh/qehwps/qehwps23.html
   My bibliography  Save this paper

The Security of International Finance

Author

Listed:
  • Valpy FitzGerald

Abstract

This lecture, presented at Oxford on 19 January 1999, opened the Wolfson College Lectures 1999 series Globalization and Insecurity. The first part of my lecture attempts to explain the origins of inherent instability in international capital flows, and why this requires public institutions to maintain an orderly market. In the second part, it is argued that despite widespread recognition of this problem, the necessary institutions do not exist due to the mismatch between intergovernmental power and the requirements of a global market. The third and last part of the lecture sketches some of the implications of this dilemma for belief in the efficiency of markets, the establishment of international property rights, and ultimately for global citizenship itself.

Suggested Citation

  • Valpy FitzGerald, "undated". "The Security of International Finance," QEH Working Papers qehwps23, Queen Elizabeth House, University of Oxford.
    • Handle: RePEc:qeh:qehwps:qehwps23
    as

    Download full text from publisher

    File URL: http://workingpapers.qeh.ox.ac.uk/RePEc/qeh/qehwps/qehwps23.pdf
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pablo Bustelo & Clara Garcia & Iliana Olivie, 1999. "Global and Domestic Factors of Financial Crises in Emerging Economies: Lessons from the East Asian Episodes (1997-1999)," Working Papers 002, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:qeh:qehwps:qehwps23. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: IT Support (email available below). General contact details of provider: https://edirc.repec.org/data/qehoxuk.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.