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There is now a solid set of results from economic sociologists concerning the spread and implementation of "shareholder value" strategies across publicly held corporations in the United States during the 1980s. Corporations were financially reorganized and used the tactics of selling off...
Persistent link: https://www.econbiz.de/10010538142
There is now a solid set of results from economic sociologists concerning the spread and implementation of "shareholder value" strategies across publicly held corporations in the United States during the 1980s. Corporations were financially reorganized and used the tactics of selling off...
Persistent link: https://www.econbiz.de/10010538179
Early theorists of European integration speculated that economic integration would lead to political integration and a European identity. A European identity has not displaced national identities in the EU, but, for a significant share of EU citizens, a European identity exists alongside a...
Persistent link: https://www.econbiz.de/10010677971
Persistent link: https://www.econbiz.de/10010677975
As the financial economy has expanded beginning in the mid 1980s, it has done so in part by selling more products to individuals and households, such as mortgages, second mortgages, mutual funds, student loans, car loans, insurance, and various forms of retirement products. This has allowed...
Persistent link: https://www.econbiz.de/10010677991
The worldwide financial crisis of 2007-2010 was set off by the collapse of the subprime mortgage market in the U.S. This crisis caused widespread banking failure in the U.S. and forced the federal government to provide a massive bailout to the financial sector. The crisis simultaneously...
Persistent link: https://www.econbiz.de/10010677994
The current crisis in the mortgage securitization industry highlights significant failures in our models of how markets work and our political will, organizational capability, and ideological desire to intervene in markets. This paper shows that one of the main sources of failure has been the...
Persistent link: https://www.econbiz.de/10010843422
With the Treaty of Rome, European states designed a set of policy domains related to trade and the regulation of markets, a complex of governmental organisations, and a binding set of substantive and procedural rules to help them achieve the construction of a European Economic Community...
Persistent link: https://www.econbiz.de/10010817488
At the core of the European Union, has been the gradual creation of the "single market" across western Europe. The European Union began as the European Coal and Steel Community (ECSC) and expanded to become the European Economic Community (EEC). The original intent of the ECSC was to stabilize...
Persistent link: https://www.econbiz.de/10010817491
Economic globalization refers to three related processes: 1) the growth in the world economy, 2) the change in the relations between first and third world countries that has resulted from the use of information technologies to reorganize production nationally and globally, and 3) the integration...
Persistent link: https://www.econbiz.de/10010536138