The First Great Recession of the 21st Century is popular PDF and ePub book, written by Óscar Dejuán in 2011-01-01, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, The First Great Recession of the 21st Century can be Read Online from any device for your convenience.
The First Great Recession of the 21st Century Book PDF Summary
The 2008-10 financial crisis and the global recession it created is a complex phenomenon that warrants detailed examination. The various essays in the book utilise several alternative paradigms to provide a plausible explanation and a credible cure. This book provides this important analysis in great detail and from different theoretical perspectives, presenting a clearer understanding of what went wrong and expounding misinterpretations of current theories and practices. Thirteen insightful chapters by eminent scholars investigate the background of the crisis and draw lessons for economic theory and policy. They largely illustrate that the roots of the recession lie in the financial sector which, over the past few decades, has expanded considerably in terms of both size and complexity. They show that financial innovation has decoupled the real and financial sectors - not always to the benefit of economic stability - and argue that financial markets should be regulated more astutely in order to reinforce transparency and accountability. The book concludes that economics as a science should give proper weight to financial variables and integrate them into its models.
Detail Book of The First Great Recession of the 21st Century PDF
- Author : Óscar Dejuán
- Release : 01 January 2011
- Publisher : Edward Elgar Publishing
- ISBN : 9781849807463
- Genre : Business & Economics
- Total Page : 273 pages
- Language : English
- PDF File Size : 11,7 Mb
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