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The Eurozone's reaction to the economic crisis beginning in late 2008 involved both efforts to mitigate the arbitrarily destructive effects of markets and vigorous pursuit of policies aimed at austerity and deflation. To explain this paradoxical outcome, this paper builds on Karl Polanyi's...
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A Short Post-communist Economic History of Emerging Europe -- Pre-crisis Central Banking -- Bubbles Everywhere (the 2000s)Under the Clouds of the Subprime Crisis (July 2007 – September 2008)The Lehman Tsunami (September – October 2008) -- The “Rescue Team” and Rescue Package (October –...
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This book analyzes the banking crisis and the events surrounding it in Hungary and other emerging EU member countries in 2007-2013. Written by Júlia Király, a former policymaker, and the Deputy Governor of the Hungarian Central Bank at the time of the crisis, it also offers a firsthand account...
Persistent link: https://www.econbiz.de/10012251176
Much is puzzling about Japan's finances today: its inability to arrest its economic decline, its festering banking crisis, and the dithering of its policymakers. Why can't the Japanese government find the political will to fix the country's problems? Japan's Policy Trap offers a provocative new...
Persistent link: https://www.econbiz.de/10012672930
, medievalist nationalism which underwrote Iceland’s exponential financialisation. Yet within a few days in October 2008, Iceland … runaway, unregulated capitalism, exploring the struggles of writers to adapt realist forms of art to surreal times.As Iceland … world” in Iceland’s post-colonial identity, and shows how Crash-writing explores the collisions of Iceland’s traditional …
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