The 2007–09 global financial crisis disrupted the provision of credit in Latin America less than previous crises. We identify key initial macroeconomic conditions that contributed to the higher resilience of real credit in Latin America during this episode. These relate to economies' capacity...

In den letzten Jahren drehte sich die geldpolitische Debatte vorrangig um Inflationssteuerung (inflation targeting) und Vermögenspreisblasen. Der vorliegende Text untersucht, wie solchen Blasen direkt begegnet werden kann, was die US-amerikanische Zentralbank, die Fed, bislang immer abgelehnt...

In the context of the eurocrisis and its current management, the long 'road to Social Europe' appears to has become a dead end. The present volume explores in a comprehensive and interdisciplinary way the processes and driving forces at the root of the current social downward spiral. It examines...