SuitabookFinancial interdependence
The book explains how national economies have become more interdependent and how banking helps money flow across borders.
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Book details
Sarah Levete - Author
A focused introduction to how economies connect internationally, how banking moves money across borders, and why those connections can contribute to financial crises.
The global economy is a complex system. This volume helps young people understand just how it works. In an approachable, interesting style, it explains what the global economy is and how it has evolved, how national economies are more interdependent than ever before, and how the banking system plays a role in how money flows over borders. Readers also learn how such economic interdependence can lead to global financial crises. For students interested in how money works, this volume is a great resource in helping them understand the potential and perils of a financially interdependent world.
Book Brief
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Sign in for personalised guidanceA focused introduction to how economies connect internationally, how banking moves money across borders, and why those connections can contribute to financial crises.
The book explains how national economies have become more interdependent and how banking helps money flow across borders.
The book explains that economic interdependence can lead to global financial crises.
The book could prompt discussion about the benefits and dangers of countries becoming financially interconnected, while recognising that the balance between those effects is not fully described.
This is a grounded book brief while Suitabook strengthens the analysis: the current material supports only a cautious reading; another book-specific source is still needed.
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