2 options
Modern Financial Crises : Argentina, United States and Europe / by Beniamino Moro, Victor A. Beker.
- Format:
- Book
- Author/Creator:
- Moro, Beniamino., Author.
- Beker, Víctor A., Author.
- Series:
- Financial and Monetary Policy Studies, 0921-8580 ; 42
- Language:
- English
- Subjects (All):
- Macroeconomics.
- Economic policy.
- International economic relations.
- Finance.
- Macroeconomics/Monetary Economics//Financial Economics.
- Economic Policy.
- International Economics.
- Finance, general.
- Local Subjects:
- Macroeconomics/Monetary Economics//Financial Economics.
- Economic Policy.
- International Economics.
- Finance, general.
- Physical Description:
- 1 online resource (261 p.)
- Edition:
- 1st ed. 2016.
- Place of Publication:
- Cham : Springer International Publishing : Imprint: Springer, 2016.
- Language Note:
- English
- Summary:
- 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.
- Contents:
- 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.
- Notes:
- Description based upon print version of record.
- Includes bibliographical references.
- ISBN:
- 3-319-20991-4
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.