Economic History

Understanding Financial Crises

Name: Understanding Financial Crises
Brand: Routledge
SKU: 9780367480677
Price: 20507.00 INR
Availability: InStock
ISBN: 9780367480677

Contributor(s): Yilmaz, Ensar Author Format: Hardback

Hardback · ISBN 9780367480677

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Key Specifications

ISBN	9780367480677
Publisher	Routledge
Publication date	July 2020
Language	English
MRP	£145.99 GBP
Page count	248
Item weight	116 g

Incorporating a broad range of economic approaches, Understanding Financial Crises explores the merits of various arguments and theories which have been used to explain the causes of financial crises.

The book explores eight of these different explanations: underconsumption, debt accumulation, financialization, income inequality, financial fragility, tendency of rate of profit to fall, human behavior, and global imbalances. The introduction provides a brief overview of each argument along with a comparison of their relative merits. Each chapter then introduces one of the arguments, explores a historical case, and focuses on the insights that can be gleaned into the global crisis in 2007-2008. The book draws on insights from various schools of thought including post-Keynesian economics, Marxist economics, behavioral economics, neoclassical economics, and more, to provide a pluralist overview of the causes of economic crises in general and the Great Recession in particular.

This book marks a significant contribution to the literature on economic and financial crises, political economy and heterodox economics. It is well suited to academicians, practitioners, and financial analysts working within the relevant fields.

Understanding Financial Crises

Key Specifications

Yilmaz, Ensar Author

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