The Cost of Free Money
- 320 pages
- 12 hours of reading
A penetrating account of how unchecked capital mobility is damaging international cooperation, polarizing the economic landscape, and ultimately reshaping the global order




A penetrating account of how unchecked capital mobility is damaging international cooperation, polarizing the economic landscape, and ultimately reshaping the global order
Paola Subacchi brings a wealth of knowledge of China's economy and politics to this fascinating and informative exploration of China's currency, considering how the economic giant will develop its 'renminbi strategy' and take its proper place on the world's financial stage at a time of instability, economic slowdown, and domestic social tension. Diane Coyle, The Enlightened Economist, and author of GDP: A Brief but Affectionate History
Focuses on infrastructure investment in the EU and offers policy recommendations for matching the demand for investment with the available financial resources. In particular, it recommends developing a Pan-European Infrastructure Strategy, improving the allocation of structural and cohesion funds, and promoting the use of project bonds to fill financing gaps.
Focusing on the emergence of the four financial centres in the Greater China region (Hong Kong, Shanghai, Shenzhen, and Taipei). This book analyzes the convergence of their financial systems that shows how the development of these cities is closely linked with China's domestic financial reform as well as the RMB internationalization strategy.