Items related to The Demise of Finance-dominated Capitalism: Explaining...

The Demise of Finance-dominated Capitalism: Explaining the Financial and Economic Crises (New Directions in Modern Economics series) - Hardcover

 
9781784715069: The Demise of Finance-dominated Capitalism: Explaining the Financial and Economic Crises (New Directions in Modern Economics series)
Hardcover
ISBN 10: 1784715069 ISBN 13: 9781784715069
Publisher: Edward Elgar Publishing Ltd, 2015

Synopsis

The Demise of Finance-Dominated Capitalism goes well beyond the dominant interpretation that the recent financial and economic crises are rooted in malfunctioning and poorly regulated financial markets. The book provides an overview of different theoretical, historical and empirical perspectives on the long-run transition towards finance-dominated capitalism, on the implications for macroeconomic and financial stability, and ultimately on the recent global financial and economic crises.

In the first part of the book the macroeconomics of finance-dominated capitalism, the theories of financial crisis and important past crises are reviewed. The second part deals with the 2007-09 financial and economic crises in particular, and discusses five explanations of the crises in more detail. The special focus of the book is the long-run problems and inconsistencies of finance-dominated capitalism that played a key role in the crisis and its severity.

The comprehensive literature reviews on the issues of financialization and economic crises will be a valuable aid to students. Policy makers will find the broader views on the causes of the recent financial and economic crises and the contradictions of finance-dominated capitalism of great interest. Alternative views on the long-run developments towards financialization, as well as on the relationships of these developments with the recent financial crises, will appeal to researchers in this field.

Contributors: R. Barradas, N. Budyldina, C.A. Carrasco, D. Detzer, N. Dodig, T. Evans, G. Gabbi, E. Hein, H. Herr, A. Kalbaska, S. Lagoa, E. Leão, J. Michell, Ö. Orhangazi, F. Serrano, A. Vercelli

"synopsis" may belong to another edition of this title.

About the Author

Edited by Eckhard Hein, Daniel Detzer and Nina Dodig, The Institute for International Political Economy (IPE), Berlin School of Economics and Law, Germany

"About this title" may belong to another edition of this title.

Publisher
Edward Elgar Publishing Ltd
Publication date
2015
Language
English
ISBN 10 
1784715069
ISBN 13 
9781784715069
Binding
Hardcover
Number of pages
384
Editor
Hein Eckhard, Detzer Daniel, Dodig Nina