Money, Financial Instability and Stabilization Policy consists of original articles by leading Post Keynesians, Kaleckians and other heterodox economists from the developed and developing world. Post Keynesian literature has long been associated with the study of money, financial markets and...

Despite the current growth speed up and increasing employment within the EU, one can still say that European integration is in crisis: Economic performance of the EU and, in particular, the Euro area has been lagging behind the USA, not to mention other regions of the world. At the same time...

This paper first reviews different interpretations of the global financial crisis of 2008-2009 (and its aftermath), focusing on the proximate causes in the financial sector of the United States. However, behind the immedi-ate causes lie ultimate causes without which the crisis cannot be properly...

Erster Absatz: Chinas Wachstum ist Schwindel erregend und scheinbar rätselhaft: Das Bruttoinlandsprodukt (BIP) stieg real seit Beginn der Reformen 1978 bis 2003 um 9,4 Prozent jährlich, je Einwohner um etwa 8,1 Prozent (wenn nicht anders angegeben, berechnet nach World Bank 2005a). 1.100...

Rezension von: Fritz, Barbara / Hujo, Katja (Hg.) (2005): Ökonomie unter den Bedingungen Lateinamerikas. Erkundungen zu Geld und Kredit, Sozialpolitik und Umwelt, Frankfurt am Main Lavoie, Marc / Seccareccia, Mario (eds.) (2004): Central Banking in the Modern World. Alternative Perspectives,...