In our view, the causes of the crisis are tied to the political change towards a Neoliberal phase from the 1970s on: a …, financialisation, globalisation – have eventually led to a large crisis as a result of the huge increase of inequality, financial … instability, and trade imbalances. In this perspective, the “financial crisis” is the signal of underlying problems concerning the …

We briefly describe the recent evolution of the crisis and, by reviewing some of its explanations based on different …

dependence of firms’ production on bank credit; at the same time, if also banks distribute more dividends, then banks’ capital …

A financial crisis can have important effects on the real economy. The more financially fragile are agents the more … likely is the occurrence of a financial crisis. Moreover, financial contagion may have more or less severe consequences on … may follow, which can eventually lead to a large crisis. …

In this paper we propose an interpretation of the current Global Financial Crisis which emphasizes sectoral dislocation …