EBOOKS

Taming Global Financial Flows: Challenges and Alternatives in the Era of Financial Globalization

By Singh Kavaljit

	10.00 E

Kavaljit Singh's excellent book should be read by finance ministers, central bankers, policy makers and all those related to finance matters.

Madhu Dandavate, Former Finance Minister of India

For anyone looking for an alternative view of the current global financial state, a view that is not often reported on in the mainstream media, this book is recommended." - Thaistocks.com."Financial liberalization and globalization are threatening to de-stablise financial systems in emerging economies like India with restrictions on movement of money being phased out, a new book on global financial markets has warned.

Press Trust of India

"We can always count on Kavaljit Singh for lucid and hard-hitting analysis. This book is no exception."

Susan George

Kavaljit Singh has made a difficult subject intelligible to ordinary citizens, and in a very readable way he has mapped out the progressive alternatives for bringing international finance under democratic control.

Edward Herman

Singh is to be congratulated... an up-to-date critical assessment of financial globalization.

David Felix

This book should be made compulsory reading for finance ministers, central bankers, economic policy makers... learned international experts.

Arun Ghosh

It is not only a beautifully brought out book, but also a most useful, exhaustive and informative one.

A. B. Bardhan, General Secretary, CPI

I recommend the book to all who are eager to learn about global finance, which defies space and time and manifests itself everywhere with tremendous impact on day-to-day life.

C. T. Kurien, Frontline

Kavaljit Singh may not be the new Keynes, but his new book provides a detailed and clear exposition of many elements in the puzzle. There's useful material here for activists and citizens' groups to consider, if they want to engage with the realities of power.

The Ecologist

The book contributes to public understanding of the intricacies of global finance and to the possibilities of effective action.

The Economic Times

The book is a comprehensive review of the global financial system, with particular refrence to capital flows and the relevance of controls. It aims at an encyclopedic reach in terms of ideas and comments on almost every aspect of this fascinating subject." - S. Venkitaramanan, Former Governor, Reserve Bank of India, The Hindu Business Line. "The book may lean left, but the analysis remains fairly objective. More important, it actually gives lay readers a perspective on reforms. That's a feat matched by few.

Intelligent Investor

Kavaljit Singh is no newcomer to the world of global finance. His earlier book, The Globalisation of Finance: A Citizen's Guide, had an overwhelming response. Singh's hallmark has been the simplicity of his exposition, which puts across complex ideas in an easy-to-understand manner. But the book goes far beyond mere simplification. It outstanding characteristic is the analysis of how hot money flows cause financial instability, and how the lives of ordinary men and women are affected.

Manas Chakravarty, Business Standard

The book is indeed a citizen's guide. There are very well-written sections on the various terms and concepts peculiar to the field of global finance. All in all, the author has to be commended for making a dry subject like global finance interesting and immensely readable.

Indian Review of Books

Kavaljit's latest book is about war...Wars of a different hue.

The Hindu Business Line

The book throws useful light on an important aspect of globalization, namely, greater volatility and fragility in the present global financial system. A strong case has been advanced in favour of stable financial system.

Southern Economist

Kavaljit Singh's new book on world finance points at the precariousness of the current flows of global finance and pleads for their regulation in the interest of the world economy. It is a welcome addition to popular writings as are available and would be useful to students, policy-makers and the general public.

Sunanda Sen, The Book Review

An indispensable guide to the turbulent world of finance.

Third World Resurgence

This citizen's guide to financial globalization makes interesting reading.

Surinder S. Jodhka, The Sunday Tribune

The main lesson of the book is that a certain amount of financial repression is needed if the speculative activities of global finance are not to end in disaster, as in Southeast and East Asia in 1997.

Helen Hintjens, Community Development Journal

An excellent primer on financial globalization for beginners and the adept. Well-known globalization gadfly and critic Kavaljit Singh has compiled a simple-to-read yet in-depth study of the tumultuous global financial system. He includes an analysis on the Asian financial crisis, explanations of offshore financial centers, neoliberalism and presents an argument for the regulation and control of global capital. Finally, as the title suggests, Singh presents an alternative and a guide for ordinary citizens to take back the planet.

Resource Center of the Americas