This book describes the international context and some of the factors that have weakened the influence of Keynesian economic thought. It illustrates economic responses offered by the new Keynesian school and the alternative perspective on the global crisis presented by the monetary circuit...

Part I- The Crisis: Micro-Macro Perspective -- Chapter1- Pathology of the Crisis -- Chapter 2- Sub-Prime Debt Imbroglio : Risks-Rewards of Financial Sophistication -- Chapter 3- Policy Response -- Chapter 4- Why Is the Economy Not Taking Off? -- Chapter 5- Euro-Sclerosis: Causation and Control...

Dieses Buch betrachtet die Entwicklung der funktionalen und personellen Einkommensverteilung und deren Verortung im Feld der Wirtschaftswissenschaften im Zeitablauf. Zunächst werden die gängigen theoretischen Erklärungsansätze zur funktionalen und zur personellen Einkommensverteilung...

What effect did the Great Recession have on national innovation? Did countries with high GDPs and GDPs per capita sustain efficient innovation? How did the recession affect the time lag between innovation development and implementation? This book presents the most comprehensive data set in...

The recent financial and political crises in the world sent severe shocks through emerging economies in Central and Eastern Europe (CEE) and the former Soviet Union (FSU). Although these crises are regrettable events that caused so much suffering to so many people, we must embrace the...

Analysis of the current financial/economic crisis from the Director of the Banking Sector at the FSA (Financial Services Authority). New edition updated to take account of changes in regulation and legislation in the US, EU and UK. Many of these changes were in line with the recommendations made...

Have you ever puzzled over the causes of the 2007-8 financial crisis and wondered how it will affect all our futures? If so, this book is for you. Using imagined dialogue between three economists with contrasting theoretical perspectives and a student who knows little about economics, different...

This thought-provoking monograph analyzes long- medium- and short-term global cycles of prosperity, recession, and depression, plotting them against centuries of important world events. Major research on economic and political cycles is integrated to clarify evolving relationships between the...

This book critically analyses the crisis of the euro currency from 2008 to the present. It argues that an understanding of this crisis requires an understanding of financial and economic crises in individual countries participating in the euro. It goes on to describe and explain the crises in...