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

Global Economic And Financial Crisis

Korkut Ertürk Korkut Ertürk (korkut@economics.utah.edu) is professor of economics at the University of Utah. T he massive US stimulus that has just been enacted is liable to raise questions sooner or....

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 F raud has long been the leading....

march 28, 2009 vol xliv no 13 T he global financial crisis is into its third year now. Many have termed it the “worst financial crisis of the last c entury”. The crisis began in the US and Europe and it....

Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state of shocked disbelief. – Alan Greenspan, former Chairman of the....

march 28, 2009 vol xliv no 13 T he speed of disintegration of the global financial system, especially in the United States (US), has outpaced theorising about it by mainstream economists, and for good....

march 28, 2009 vol xliv no 13 N ews articles in January 2009 reported that Citibank, an enormous company with operations in over 100 countries and approximately $1.6 trillion in assets, is on the....

This paper draws liberally from James Crotty, “Structural Causes of the Global Financial Crisis: A Critical Assessment of the ‘New Financial Architecture’”, 2008, PERI Working Paper, http://www.peri....

This is a revised version of a lecture delivered at the University of Calcutta on 7 March 2009. “It’s always best on these occasions to do what the mob do”. “But suppose there are two mobs?”....

The views expressed here are personal and do not reflect those of the institution that the author works for. march 28, 2009 vol xliv no 13 T he genesis of the current global financial crisis, its....

We are now in the midst of the worst financial crisis since The ideas in this paper are drawn from, “Structural Causes of the Global Financial Crisis: A Critical Assessment of the ‘New Financial....

The present paper elaborates on arguments made in “Financial Regime Change?”, New Left Review, September-October 2008, “A New Financial Regime?”, New Left Review, July-August 2007, “The First-World....

An earlier version of this paper was presented at a conference held on 12-13 January 2009 at Mahatma Gandhi University, Kottayam on the theme, “Global Financial Crisis, Implications for India”. I....

Arvind Subramanian, John Williamson The current financial crisis started in the financial sector of what was thought of as the country with the most sophisticated financial system, and that has spread....

I t is widely agreed that the western capitalist world is at present undergoing its severest financial crisis since the Wall Street crash of 1929. The fallout of the crash snowballed into the Great....

defining feature of the financial meltdown that has led up to the current economic crisis is the near collapse of banking in the developed countries. This is prompting a structural transformation of....