Routledge Critical Studies in Finance and Stability
About the Book Series
The 2007-8 Banking Crash has induced a major and wide-ranging discussion on the subject of financial (in)stability and a need to revaluate theory and policy. The response of policy-makers to the crisis has been to refocus fiscal and monetary policy on financial stabilisation and reconstruction. However, this has been done with only vague ideas of bank recapitalisation and ‘Keynesian’ reflation aroused by the exigencies of the crisis, rather than the application of any systematic theory or theories of financial instability.
Routledge Critical Studies in Finance and Stability, edited by Jan Toporowski from SOAS, University of London covers a range of issues in the area of finance including instability, systemic failure, financial macroeconomics in the vein of Hyman P. Minsky, Ben Bernanke and Mark Gertler, central bank operations, financial regulation, developing countries and financial crises, new portfolio theory and New International Monetary and Financial Architecture.
Cycles, Growth and the Great Recession
1st Edition
Edited
By Annalisa Cristini, Stephen Fazzari, Edward Greenberg, Riccardo Leoni
November 10, 2016
Cycles, Growth and the Great Recession is a collection of papers that assess the nature and role of the business cycle in contemporary economies. These assessments are made in the context of the financial market instability that distinguishes the Great Recession from previous post-war slowdowns. ...
The Rise and Fall of Money Manager Capitalism: Minsky's half century from world war two to the great recession
1st Edition
By Eric Tymoigne, L. Randall Wray
January 20, 2016
The book studies the trends that led to the worst financial crisis since the Great Depression, as well as the unfolding of the crisis, in order to provide policy recommendations to improve financial stability. The book starts with changes in monetary policy and income distribution from the 1970s. ...
Banking Systems in the Crisis: The Faces of Liberal Capitalism
1st Edition
Edited
By Suzanne Konzelmann, Marc Fovargue-Davies
December 01, 2015
The 2008 financial crisis has severely shaken confidence in liberal economic theory and policy. However, the sharply divergent experiences of the six Anglo-Saxon ‘liberal market economies’ (LMEs) suggest that the reality is not so simple. This book traces the evolution of liberal capitalism, from ...
Post-Keynesian Views of the Crisis and its Remedies
1st Edition
Edited
By Óscar Dejuán, Eladio Febrero Paños, Jorge Uxo Gonzalez
February 27, 2015
At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however,...