01634nam a22001577a 4500 26575 26575 9781108489935 332.495491 SET-R Settle, Antonia Risk and the Rupee in Pakistan's New Economy :Financial Inclusion and Monetary change In a Frontier Market New Delhi Cambridge University Press 2020 254p. 235 x 160 x 21 mm Include Index In a world of open markets and global trade, development thinking seeks stability and prosperity for the world's poor by expanding access to financial products. This book challenges the development sector's embrace of 'financial inclusion' by exploring how the new risks and instabilities that accompany the pivot towards the global economy undermining the functioning of money itself. Cast against fundamental change in the monetary environment accompanying the globalisation of markets, the book examines the rapid liberalisation of money and markets in Pakistan. It argues that liberalisation has generated substantive problems not only for the central bank as guardian of national currency, but for ordinary households. By pinpointing how globalisation generates new risks for households in the everyday economy, the book reveals jarring contradictions between free markets and financial inclusion whilst challenging money theory by positing substantive and empirically-grounded monetary contestation that demonstrates a burden of risk imposed on ordinary people, that is only exacerbated by financial inclusion. Economic policy Money Economic history Pakistan ddc BK 0 0 0 0 NASSDOC NASSDOC 2021-02-19 Overseas Press India Private Limited 603.50 2021-02-19 0 332.495491 SET-R 51297 2021-02-19 00:00:00 850.00 2021-02-19 BK