The First Great Recession of the 21st Century: Competing Explanations - Couverture rigide

 
9781849807456: The First Great Recession of the 21st Century: Competing Explanations
Couverture rigide
ISBN 10 : 1849807450 ISBN 13 : 9781849807456
Editeur : Edward Elgar Publishing Ltd, 2011

Synopsis

The 2008-10 financial crisis and the global recession it created is a complex phenomenon that warrants detailed examination. The various essays in this book utilise several alternative paradigms to provide a plausible explanation and a credible cure. Great detail is given to this important analysis from different theoretical perspectives, presenting a clearer understanding of what went wrong and expounding misinterpretations of current theories and practices.

Fourteen insightful chapters by eminent scholars investigate the background of the crisis and draw lessons for economic theory and policy. They largely illustrate that the roots of the recession lie in the financial sector which, over the past few decades, has expanded considerably in terms of both size and complexity. They show that financial innovation has decoupled the real and financial sectors - not always to the benefit of economic stability - and argue that financial markets should be regulated more astutely in order to reinforce transparency and accountability. The book concludes that economics as a science should give proper weight to financial variables and integrate them into its models.

This fascinating and thought-provoking volume will prove a challenging read for academics, students and researchers in the fields of economics, money, finance and banking, and the history of economics. It will also prove invaluable for economic policymakers at all levels.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

Edited by Óscar Dejuán, Professor of Economics, Department of Economics and Finance, University of Castilla-La Mancha, Spain, Eladio Febrero, University of Castilla-La Mancha, Spain and Maria Cristina Marcuzzo, University of Rome ‘La Sapienza’, Italy

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2011
Langue
anglais
ISBN 10 
1849807450
ISBN 13 
9781849807456
Reliure
Relié
Nombre de pages
272
Éditeur
Dejuán Óscar, Febrero Eladio, Marcuzzo Maria Cristina
Coordonnées du fabricant
non disponible
Personne responsable
non disponible