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Kniha Financialization Thomas I. Palley

Financialization

Autor: Thomas I. Palley
Jazyk: Angličtina
Väzba: Brožovaná
Vydavateľ: Palgrave Macmillan
Dostupnosť: Skladom u dodávateľa v malom množstve
Odosielame za 13-18 dní
106.06 €
This book explores the process of financialization whereby economies are increasingly dominated by f...

Informácie o knihe

Autor
Thomas I. Palley
Jazyk
Angličtina
Väzba
Kniha - Brožovaná
Vydalo
2013
Stránok
234
EAN
9781137468291
ISBN
1137468297
Enbook ID
04772272
Vydavateľ
Palgrave Macmillan
Hmotnosť
318
Rozmery
168 x 215 x 14

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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