Financialization

Name: Financialization
Brand: Palgrave Macmillan
SKU: 9781137265814
Price: 2567 CZK
Availability: InStock

Autor: Thomas I Palley

Jazyk:

Vazba: Pevná

Vydavatel: Palgrave Macmillan

Dostupnost: Skladem u dodavatele v malém množství

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This book explores the process of financialization whereby economies are increasingly dominated by f...

Informace o knize

Autor

Thomas I Palley

Jazyk

Angličtina

Vazba

Kniha - Pevná

Vydáno

2013

Stránek

234

EAN

9781137265814

ISBN

1137265817

Enbook ID

01239937

Vydavatel

Palgrave Macmillan

Hmotnost

420

Rozměry

144 x 223 x 19

Kompletní 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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Financialization

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