Kniha Financialization Thomas I Palley

Financialization

Jazyk: Angličtina
Väzba: Pevná
Vydavateľ: Palgrave Macmillan
Dostupnosť: Skladom u dodávateľa v malom množstve
Odosielame za 13-18 dní
105.93
This book explores the process of financialization whereby economies are increasingly dominated by f...

Informácie o knihe

Jazyk
Angličtina
Väzba
Kniha - Pevná
Vydalo
2013
Stránok
234
EAN
9781137265814
ISBN
1137265817
Enbook ID
01239937
Vydavateľ
Hmotnosť
420
Rozmery
144 x 223 x 19

Kompletný popis

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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