ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

Global Economic And Financial Crisis

Global Economic And Financial Crisis
We are now in the midst of the worst financial crisis since the Great Depression. This crisis is the latest phase of the evolution of financial markets under the radical financial deregulation...
This essay argues that pragmatism as a temporary prop to stabilise the crumbling financial system is distinct from pragmatism as a governing ethic. The emerging common sense worldwide and in India...
This paper attempts to understand the nature of the current financial crisis by identifying the main characteristics of the system that became vulnerable to collapse due to falling asset prices. It...
This essay examines the consequences of the global economic and financial crisis for income distribution. It first discusses the distributional background of the crisis, which is followed by an...
The global financial and economic crisis is of such magnitude that 2008 will probably be looked back upon as a turning point equivalent to 1945, 1971 and 1989. The silver lining is that the crisis...
The current financial crisis should be viewed as a network crisis, because due to a whole series of deregulation measures, financial reforms and technological and financial innovations, the world has...
This paper describes the current credit crisis and explains aspects of its macro and micro features. In particular, it describes the mechanism by which sub-prime mortgages and securitisation products...
Contrasting and analysing the role of regulation and regulators in dealing with two financial crises in the United States brought on by epidemics of control fraud - the us savings and loan debacle of...
This paper analyses the current crisis through a Marxian framework. It focuses on the creation of a new regime of accumulation (neoliberalism) since the 1970s as a response to the profitability...
Almost nowhere are the labour movement and the left prepared to respond to the world economic crisis even as the latter deepens. Today's economic crisis and labour's response cannot be a replay of...
A democratic agenda for coming out of the recession must have at least five elements: first, the nationalisation of financial institutions in the leading capitalist countries where they have...
While the United States' emphasis on reviving banks and public spending are both important, neither addresses directly the main source of deflation, which is that the global imbalances are no longer...

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