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Economics of the crisis and the crisis of economics

The European Journal of the History of Economic Thought, 2014
AbstractThe macroeconomic instability revealed in the recent deep recession steams from the condition of balance sheets. Generally high leverage and strained maturity mismatches build up slowly but generate a financial structure so brittle that the impulse that eventually sends it crashing is hard to identify.
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Economic growth and economic crisis

International Journal of Green Economics, 2009
This article argues that the recent financial crisis was caused largely by the long-term problem of the current world economy lacking a sustainable path of development. Limits to growth – expressed principally through rises in the price of oil and other commodities – created a crisis for the global financial system, which has been based essentially on ...
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The Economic Crisis

1977
There can be no doubt that the profound economic crisis which beset Chile in 1972 and 1973 was a contributory factor to the coup of 11 September, 1973. The widespread shortages, the necessity to queue for hours for certain basic goods, the frustration of not being able to obtain crucial spare parts and repairs, the frequency of strikes, and an ...
Ian Roxborough   +2 more
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From the Economic Crisis to the Crisis of Economics

2016
Neoclassical economic theory has been blamed for not having even considered the possibility of the type of collapse that the subprime mortgage meltdown unleashed. The purpose of this chapter is threefold. First, it seeks to clarify what economics is guilty of; second, to spell out what sort of science economics is, what is legitimate to expect from it,
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Economic crisis and banking crisis

2019
This research first presents a typology of various financial crises - the currency crisis, the debt crisis, the balance of payments crisis, and the banking crisis - and sets out criteria for measuring them. It then provides a specific definition of the banking crisis, and it examines the plurality and frequency of occurrence of bank crises at different
Ahmad Basri, Noor Ezlin   +2 more
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Global Economic Crisis

India Quarterly: A Journal of International Affairs, 2009
The global financial and economic crisis has had a devastating impact on the world economy, including those of the developed countries. The impact was considerably mitigated because major economic powers put in operation rescue packages of unprecedented dimensions and adopted a set of co-ordinated measures.
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Economics crisis

Nature Physics, 2009
Lux, Thomas, Westerhoff, Frank H.
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The Economic Crisis

2017
The question we are asking in this chapter is whether it is possible to draw a parallel between the causes and spread of the economic crisis, the ways it has been tackled and the foreseeable changes in the state of health, in particular the growing instability and a progressively growing gap between rich and poor. The cyclical fluctuations of the world
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