Carte Financialization Thomas I Palley

Financialization

Limbă: engleză
Legare: Copertă tare
Disponibilitate: În depozitul extern în cantități mici
Expediem în 13-18 zile
581.45 lei
This book explores the process of financialization whereby economies are increasingly dominated by f...

Informații despre carte

Limbă
engleză
Legare
Carte - Copertă tare
Publicat
2013
Pagini
234
EAN
9781137265814
ISBN
1137265817
Enbook ID
01239937
Greutate
420
Dimensiuni
144 x 223 x 19

Descriere completă

This book explores the process of financialization whereby economies are increasingly dominated by finance capital. This process is characterized by rising income inequality, wage stagnation, increased indebtedness, a rising financial sector share of profits, and tendencies to generate asset price bubbles. The financial crisis of 2008 and the subsequent recession and stagnation represent the latest phase. The book provides a comprehensive treatment of these developments, beginning with a presentation of the empirical evidence. That is followed by economic theory chapters dealing with the macroeconomics of financialization, business cycle effects; microeconomic developments; tendencies toward Minsky-style economic instability; and economic growth effects. The final section of the book focuses on the political economy of financialization and policies to stabilize financial markets.

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