Beniamino Moro, Victor A. Beker

Modern Financial Crises

Argentina, United States and Europe

• Broschiertes Buch

Produktbeschreibung

This book is devoted to the analysis of the three main financial crises that have marked this century: 2001 Argentina's defaulting on its external debt, the American subprime crisis in 2008, and the current European debt crisis in Europe. The book pursues three major objectives: firstly, to accurately portray these three financial crises; secondly, to analyze what went wrong with mainstream economic theory, which was unable to foresee these types of economic turmoil; and thirdly, to review macroeconomic theory, re-evaluating Keynes' original contribution to economic analysis and pointing out the need to rebuild macroeconomics with a view to studying economic illness rather than trying to prove the non-existence of economic problems.

Produktdetails

• Financial and Monetary Policy Studies 42
• Verlag: Springer / Springer International Publishing / Springer, Berlin
• Artikelnr. des Verlages: 978-3-319-37307-2
• Softcover reprint of the original 1st ed. 2016
• Seitenzahl: 276
• Erscheinungstermin: 15. Oktober 2016
• Englisch
• Abmessung: 235mm x 155mm x 16mm
• Gewicht: 432g
• ISBN-13: 9783319373072
• ISBN-10: 3319373072
• Artikelnr.: 46434948

Inhaltsangabe

Introduction: The Core Characteristics of Financial Crises.- The Case of Argentina: Argentina´s Debt Crisis.- The American 2007 - 2009 Subprime Crisis: The American Financial Crisis.- The Run on Repo and the Policy Interventions to Struggle the Great Crisis.- The European Public Debt Crisis: From the American Financial Meltdown to the European Banking and Public Debt Crisis.- The European Crisis and the Accumulation of TARGET2 Imbalances.- The European Debt Crisis.- The Impact of the Great Crisis on Economic Tought: The Theoretical Debate on the Great Crisis.- From the Economic Crisis to the Crisis of Economics.- Rethinking Macroeconomics in Light of the Great Crisis.- Current Issues and Conclusions: Current Issues and Policies.- Open Problems and Conclusions.