Idioma Inglés. "Country Studies"
Financialisation and the Financial and Economic Crises provides comparative, empirical case studies of a diverse set of eleven countries. In particular, the book helps in understanding the current (mal)performance of Euro area economies by explaining the causes of the shifts in growth regimes during and after the crises. It goes well beyond the dominant interpretation of the recent financial and economic crises as being rooted in malfunctioning and poorly regulated financial markets.The contributions to this book provide detailed accounts of the long-term effects of financialisation and cover the main developments leading up to and during the crisis in eleven selected countries: the US, the UK, Spain, Greece, Portugal, Germany, Sweden, Italy, France, Estonia, and Turkey. The introductory chapter presents the theoretical framework and synthesizes the main findings of the country studies. Furthermore, the macroeconomic effects of financialisation on the EU as a whole are analysed in the final chapter. Offering an illuminating overview and invaluable alternative perspective on the long-run developments leading to the recent crises, this book is essential reading for researchers, students and policymakers and an ideal starting point for further research.
INDICE
Contents:Preface1. Financialisation and the Financial and Economic Crises: Theoretical Framework and Empirical Analysis for 15 CountriesNina Dodig, Eckhard Hein and Daniel Detzer2. The Crisis of Finance-led Capitalism in the United StatesTrevor Evans 3. Monetary Adjustment and Inflation of Financial Claims in the UK after 1980John Lepper, Mimoza Shabani, Jan Toporowski and Judith Tyson4. Financialisaton and the Economic Crisis in SpainJesus Ferreiro, Cataliana Galvez and Anna Gonzales 5. Financialisation and the Crisis: The Case of GreeceYanis Varoufakis and Lefteris Tserkezis 6. The Real Sector Developments in Estonia - Financialisation Effects Behind the Transition ProcessEgert Juuse7. Financialisation and the Crisis in the Export-led Mercantilist German EconomyDaniel Detzer and Eckhard Hein8. Swedish Financialisation: 'Nordic Noir' or 'Safe Haven'?Alexis Stenfors 9. France, a Domestic Demand-led Economy Under the Influence of External ShocksGerard Cornilleau and Jerome Creel 10. The Transmission Channels Between the Financial and the Real Sectors in Italy and the CrisisGiampaolo Gabbi, Elisa Ticci and Pietro Vozzella11. The Long Boom and the Early Bust: The Portuguese Economy in the Era of FinancialisationRicardo Paes Mamede, Sergio Lagoa, Emanuel Leao and Ricardo Barradas12. Financialisation and the Financial and Economic Crises: The Case of TurkeySerdal Bahce, Hasan Comert, Nilgun Erdem, Elif Karacimen, Ahmet Hasim Kose, Ozgur Orhangazi, Gokcer Ozgur and Galip Yalman13. The Impact of the Financial and Economic Crisis on European Union Member StatesCarlos A. Carrasco, Jesus Ferreiro, Catalina Galvez, Carmen Gomez and Ana GonzalezIndex