The First Great Recession of the 21st Century : Competing Explanations
Oscar. Dejuan
Bok Engelsk 2011 · Electronic books.
| Annen tittel | |
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| Medvirkende | |
| Utgitt | Cheltenham : : Edward Elgar Publishing, , 2011.
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| Omfang | 1 online resource (272 p.)
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| Opplysninger | Description based upon print version of record.. - CONTENTS; List of Figures; List of Tables; List of Contributors; Introduction; PART I: ECONOMISTS ON TRIAL; 1. Who predicted the crisis and what can we learn from them?; 2 A brief note on economic recessions, banking reform and the future of capitalism; 3 Understanding crisis: on the meaning of uncertainty and probability; 4 Financial crisis and risk measurement: the historical perspective and a new methodology; 5 Did economic analysis fail in the current financial crisis?; PART II: WHAT DOES HISTORY TELL US?; 6 Does the current global crisis remind us of the Great Depression?. - 14 The aftermath of a long decade of real nil interest rates (Spain 1996-2008)Index. - 7 Innovation, growth, cycles and finance: three (or four or more) stories from the 1930s and their lessons8 Epic Recession and economic theory; 9 Did asset prices cause the current crisis?; 10 The role of the history of economic thought in the development of economic theory and policy; PART III: COUNTRY CASES IN A GLOBAL CRISIS; 11. Testimony to the Financial Crisis Inquiry Commission by Alan Greenspan; 12 Long-term depression and new markets: economists and the 2008 recession; 13 Manifestations of the global crisis in a small open economy. - The 2008-10 financial crisis and the global recession it created is a complex phenomenon that warrants detailed examination. The various essays in this book utilise several alternative paradigms to provide a plausible explanation and a credible cure. Great detail is given to this important analysis from different theoretical perspectives, presenting a clearer understanding of what went wrong and expounding misinterpretations of current theories and practices. Fourteen insightful chapters by eminent scholars investigate the background of the crisis and draw lessons for economic theory and polic
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| Emner | |
| Sjanger | |
| Dewey | |
| ISBN | 9781849807456
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