Modern Financial Crises Argentina, United States and Europe
Başlık:
Modern Financial Crises Argentina, United States and Europe
Yazar:
Moro, Beniamino. author.
ISBN:
9783319209913
Yazar:
Fiziksel Niteleme:
XVII, 257 p. 26 illus. in color. online resource.
Seri:
Financial and Monetary Policy Studies, 42
İçindekiler:
Introduction: The Core Characteristics of Financial Crises -- The Case of Argentina: Argentina´s Debt Crisis -- The American 2007 - 2009 Subprime Crisis: The American Financial Crisis.- The Run on Repo and the Policy Interventions to Struggle the Great Crisis.- The European Public Debt Crisis: From the American Financial Meltdown to the European Banking and Public Debt Crisis -- The European Crisis and the Accumulation of TARGET2 Imbalances.- The European Debt Crisis.- The Impact of the Great Crisis on Economic Tought: The Theoretical Debate on the Great Crisis -- From the Economic Crisis to the Crisis of Economics.- Rethinking Macroeconomics in Light of the Great Crisis -- Current Issues and Conclusions: Current Issues and Policies -- Open Problems and Conclusions.
Özet:
This book is devoted to the analysis of the three main financial crises that have marked this century: 2001 Argentina’s defaulting on its external debt, the American subprime crisis in 2008, and the current European debt crisis in Europe. The book pursues three major objectives: firstly, to accurately portray these three financial crises; secondly, to analyze what went wrong with mainstream economic theory, which was unable to foresee these types of economic turmoil; and thirdly, to review macroeconomic theory, re-evaluating Keynes’ original contribution to economic analysis and pointing out the need to rebuild macroeconomics with a view to studying economic illness rather than trying to prove the non-existence of economic problems.
Yazar Ek Girişi:
Ek Kurum Yazar:
Elektronik Erişim:
http://dx.doi.org/10.1007/978-3-319-20991-3