Financial crises and recession in the global economy:
Explaining the rise and fall of economies in Asia, Central America and Europe, this book explains major financial instabilities and trends across the global economy since the 1970s, including the crisis that began in 2008 and the long boom that preceded it.
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Cheltenham [u.a.]
Elgar
2009
|
Ausgabe: | 3. ed. |
Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Zusammenfassung: | Explaining the rise and fall of economies in Asia, Central America and Europe, this book explains major financial instabilities and trends across the global economy since the 1970s, including the crisis that began in 2008 and the long boom that preceded it. |
Beschreibung: | XIV, 178 S. graph. Darst. 24 cm |
ISBN: | 9781848448308 1848448309 9781847205087 1847205089 |
Internformat
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300 | |a XIV, 178 S. |b graph. Darst. |c 24 cm | ||
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520 | |a Explaining the rise and fall of economies in Asia, Central America and Europe, this book explains major financial instabilities and trends across the global economy since the 1970s, including the crisis that began in 2008 and the long boom that preceded it. | ||
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648 | 7 | |a Geschichte 1982-1997 |2 gnd |9 rswk-swf | |
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Datensatz im Suchindex
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adam_text | Titel: Financial crises and recession in the global economy
Autor: Allen, Roy E.
Jahr: 2009
Contents
Figures vii
Tables viii
Preface and Acknowledgements for the Third Edition ix
Introduction xi
1. Financial Globalization Since the 1970s 1
I. The Rapid Expansion of International Finance, 1970- 2
II. The Global Information Revolution and Global Finance 7
III. Governmental Deregulation and International Finance 11
IV. Interest Rate and Financial Strategy Parities 16
V. Saver and Dissaver Countries 27
2. Financial Instabilities and Trends in the 1980s 35
I. New Transactions and Asset Demands for Money,
and Monetary Velocity 36
II. Financial Globalization and Monetary Velocity 41
HI. The Instability of the Income Velocity of Money in the US 44
IV. The Instability of the Income Velocity of Money in Other
Countries 51
V. Case Study of US-Foreign Trade, 1981- 56
VI. The 1982 Recessionary Period 62
VII. The World Debt Crisis, 1982- 71
VIII. The Stock Market Crash of 1987 78
Appendix Regressions of US (m 1) Income Velocity of Money
and Related Variables 84
3. Financial Instabilities and Trends in the 1990s 87
I. The Early 1990s Recessionary Period 87
II. The 1994-95 Mexican Crisis 97
III. Japan s Crisis, 1989- 100
IV. Asia s Crisis, 1997 103
4. The Current Crisis: Common Patterns and New Thinking 111
I. Summary of the Current Crisis 113
II. Common Patterns 116
vi Financial Crises and Recession in the Global Economy
III. New Thinking: On Psychological, Social, and
Transcendental Factors 119
IV. New Thinking: On Evolutionary and Complex Systems 123
V. Conclusions 129
5. Toward a New Political Economy of Financial Crisis 133
I. Issues and Scope of a New Political Economy of
Financial Crisis 136
II. Recent US Money-Mercantilism 137
HI. A Human Ecology Economics (HEE) Approach to
Further Research 144
IV. Different Kinds of Capital in the Human Ecology 150
V. Conclusions 158
References 161
Index 169
Figures
2.1 Worldwide instability and weakness in the growth of the income
velocity of money after 1980 37
2.2 Expanding volumes of money-absorbing financial transactions
in the US ($trillion/year), and the US (ml) income velocity of
money, 1975-97 46
2.3 The relation between financial market growth (£ million) and (ml)
velocity in the UK during the Big Bang deregulation period 53
2.4 The relation between financial market growth (marks billion) and
(ml) velocity in Germany during the chaotic 1989-90 period 55
2.5 The trade-weighted exchange value of the US dollar, 1978-97 57
2.6 Changes in the direction of merchandise and services trade between
the world s three largest economies, 1980-97 61
2.7 Capital flight from Latin America, 1977-87 74
3.1 Explaining the 1990-91 US recession: the decline in net identified
capital inflows 94
3.2 Negative consequences of restrictive Japanese monetary policy
after 1989 102
3.3 Negative consequences of restrictive US monetary policy after
1993 106
5.1 Structural conditions in the human ecology 145
5.2 Structural conditions in the human ecology: a bank 147
5.3 Structural conditions in the human ecology: the economic system 148
5.4 Different forms of capital 151
5.5 Structural conditions in the human ecology: financial,
informational, and social capital?collectively called
transaction capital* 156
5.6 Structural conditions in the human ecology: fixed human-made
capital, natural capital and intermediary consumption?
collectively called production capital 157
Tables
1.1 Sources and uses of foreign savings in dollars 6
1.2 Purchasing power parity exchange rate levels of one US dollar
(versus actual exchange rates) 21
2.1 The turnaround in the US capital account, 1980-85 59
2.2 US monetary and fiscal policy and the 1982 recession 63
2.3 US GDP components and the 1982 recession 65
2.4 Actual versus predicted declines in the growth rates of US GDP
and inflation, 1981 :Q3 to 1982 :Q4 66
2.5 Money flows into the US financial markets in the 1980s and
saves US banks from bad foreign debts 75
2.6 Foreign debt prices, before and after the 1987 stock market crash 77
2.7 World stock market decline, 1987 80
|
any_adam_object | 1 |
author | Allen, Roy E. 1957- |
author_GND | (DE-588)132278804 |
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author_role | aut |
author_sort | Allen, Roy E. 1957- |
author_variant | r e a re rea |
building | Verbundindex |
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callnumber-first | H - Social Science |
callnumber-label | HB3722 |
callnumber-raw | HB3722 |
callnumber-search | HB3722 |
callnumber-sort | HB 43722 |
callnumber-subject | HB - Economic Theory and Demography |
classification_rvk | QK 640 |
ctrlnum | (OCoLC)436265443 (DE-599)BSZ313603014 |
dewey-full | 338.542 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 338 - Production |
dewey-raw | 338.542 |
dewey-search | 338.542 |
dewey-sort | 3338.542 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
edition | 3. ed. |
era | Geschichte 1982-2008 gnd Geschichte 1982-1997 gnd Geschichte 1982-1994 gnd |
era_facet | Geschichte 1982-2008 Geschichte 1982-1997 Geschichte 1982-1994 |
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id | DE-604.BV035964970 |
illustrated | Illustrated |
indexdate | 2024-07-09T22:08:40Z |
institution | BVB |
isbn | 9781848448308 1848448309 9781847205087 1847205089 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-018859089 |
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owner_facet | DE-522 DE-12 DE-92 DE-11 DE-188 DE-M382 |
physical | XIV, 178 S. graph. Darst. 24 cm |
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spelling | Allen, Roy E. 1957- Verfasser (DE-588)132278804 aut Financial crises and recession in the global economy Roy E. Allen 3. ed. Cheltenham [u.a.] Elgar 2009 XIV, 178 S. graph. Darst. 24 cm txt rdacontent n rdamedia nc rdacarrier Explaining the rise and fall of economies in Asia, Central America and Europe, this book explains major financial instabilities and trends across the global economy since the 1970s, including the crisis that began in 2008 and the long boom that preceded it. Geschichte 1982-2008 gnd rswk-swf Geschichte 1982-1997 gnd rswk-swf Geschichte 1982-1994 gnd rswk-swf International finance Recessions Rezession (DE-588)4177966-6 gnd rswk-swf Weltwirtschaft (DE-588)4065468-0 gnd rswk-swf Finanzkrise (DE-588)7635855-0 gnd rswk-swf Internationaler Kreditmarkt (DE-588)4120506-6 gnd rswk-swf Weltwirtschaft (DE-588)4065468-0 s Finanzkrise (DE-588)7635855-0 s DE-604 Rezession (DE-588)4177966-6 s Internationaler Kreditmarkt (DE-588)4120506-6 s Geschichte 1982-2008 z DE-188 Geschichte 1982-1994 z 1\p DE-604 Geschichte 1982-1997 z 2\p DE-604 HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018859089&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Allen, Roy E. 1957- Financial crises and recession in the global economy International finance Recessions Rezession (DE-588)4177966-6 gnd Weltwirtschaft (DE-588)4065468-0 gnd Finanzkrise (DE-588)7635855-0 gnd Internationaler Kreditmarkt (DE-588)4120506-6 gnd |
subject_GND | (DE-588)4177966-6 (DE-588)4065468-0 (DE-588)7635855-0 (DE-588)4120506-6 |
title | Financial crises and recession in the global economy |
title_auth | Financial crises and recession in the global economy |
title_exact_search | Financial crises and recession in the global economy |
title_full | Financial crises and recession in the global economy Roy E. Allen |
title_fullStr | Financial crises and recession in the global economy Roy E. Allen |
title_full_unstemmed | Financial crises and recession in the global economy Roy E. Allen |
title_short | Financial crises and recession in the global economy |
title_sort | financial crises and recession in the global economy |
topic | International finance Recessions Rezession (DE-588)4177966-6 gnd Weltwirtschaft (DE-588)4065468-0 gnd Finanzkrise (DE-588)7635855-0 gnd Internationaler Kreditmarkt (DE-588)4120506-6 gnd |
topic_facet | International finance Recessions Rezession Weltwirtschaft Finanzkrise Internationaler Kreditmarkt |
url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=018859089&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
work_keys_str_mv | AT allenroye financialcrisesandrecessionintheglobaleconomy |