Financialization and the World Economy PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Financialization and the World Economy PDF full book. Access full book title Financialization and the World Economy by Gerald A. Epstein. Download full books in PDF and EPUB format.
Author: Gerald A. Epstein
Publisher: Edward Elgar Publishing
ISBN: 9781781008263
Category : Business & Economics
Languages : en
Pages : 472
Get Book
Book Description
The final section offers ideas for policy responses, including capital controls and securities transaction taxes."--BOOK JACKET.
Author: Gerald A. Epstein
Publisher: Edward Elgar Publishing
ISBN: 9781781008263
Category : Business & Economics
Languages : en
Pages : 472
Get Book
Book Description
The final section offers ideas for policy responses, including capital controls and securities transaction taxes."--BOOK JACKET.
Author: Gerald A. Epstein
Publisher:
ISBN: 9781845429652
Category : Capital market
Languages : en
Pages : 0
Get Book
Book Description
Financialisation - the increasing importance of financial markets, institutions and motives in the world economy - is described and analysed in this volume. The contributors explore the quantitative and qualitative dimensions of financialisation and tally its costs and benefits for society as a whole.
Author: Kurt Mettenheim
Publisher: Routledge
ISBN: 100044967X
Category : Business & Economics
Languages : en
Pages : 230
Get Book
Book Description
Combining balance sheet analysis with historical institutional analysis, this book traces the evolution of social sector financial balance sheets in the US from 1960 to 2018. This innovative historical-institutional approach, ranging from the micro level of households to the macro level of the federal government, reveals that the displacement of households by banks has been a long-term process. This gradual compounding of financialization is at odds with widely accepted views about financialization, contemporary banking theory, financial intermediation theory, and post-Keynesian and endogenous money approaches. The book returns to time-tested traditional principles of banking and taps unexpected affinities about market failures in transaction cost economics, financial intermediation theory, and core ideas in classic modern political and social economy about economic moralities and social reactions of self-defense against unfettered markets. This book provides an alternative explanation for the rise of finance and new ways to think about averting financialization and its devastating consequences. This book marks a significant contribution to the literature on financialization, social economics, banking, and the American political economy.
Author: Manuel B. Aalbers
Publisher: Routledge
ISBN: 1317361784
Category : Business & Economics
Languages : en
Pages : 184
Get Book
Book Description
Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the contemporary capitalist political economy and places housing at the centre of the financialization debate. A global wall of money is looking for High-Quality Collateral (HQC) investments, and housing is one of the few asset classes considered HQC. This explains why housing is increasingly becoming financialized, but it does not explain its timing, politics and geography. Presenting a diverse range of case studies from the US, the UK, the Netherlands, Germany, Italy and Spain, the chapters in this book include coverage of the role of the state as the driver of financialization processes, and the part played by local and national histories and institutions. This cutting edge volume will pave the way for future research in the area. Where housing used to be something "local" or "national", the two-way coupling of housing to finance has been one crucial element in the recent crisis. It is time to reconsider the financialization of both homeownership and social housing. This book will be of interest to those who study international economics, economic geography and financialization.
Author: Fatima Muhammad Abdulkarim
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110600935
Category : Business & Economics
Languages : en
Pages : 127
Get Book
Book Description
Income inequality is a serious problem confronting not only the developed world but also developing countries. Recently, financialization has been one of the culprits identified in literature as one of the cause of income inequality. This book offers the only detailed presentation of the how financialization aided the spread of income inequality in Organization of Islamic Cooperation, OIC countries. Finance has taking a center stage in the affairs of most developing economies, surpassing the real sector of the economy. The result is the creation of an indebted society in which people are comfortable with financing their financial needs through credit. This creates a debt laden society that is trapped in the cycle of debt. This book represents a comprehensive and indispensable source for students, practitioners and the general public at large. It presents data which shows the buildup of debt and the rising income inequality in Muslim countries. It includes discussion of the rise in rentier income, financialization of everyday life, decline in physical capital accumulation and deregulation of the financial sector. The book therefore, proffers solutions on how Muslim countries can come out of the present economic problem facing them. The promotion and adoption of Islamic principles, which promotes risk sharing based contracts as against debt based transaction is the way to go. When financial contracts are based on the principles of risk sharing, any gains from economic activities get to be shared equitably. Hence, not only capital owners get to enjoy the benefit from the income derived from investments, but rather, all parties that partake in the contract. Distinguished by its clarity and readability as it is written in a very easy to understand language, it is an important reference work for any concerned individual interested on the recent causes of income inequality in Muslim World.
Author: T. Palley
Publisher: Springer
ISBN: 1137265825
Category : Business & Economics
Languages : en
Pages : 234
Get Book
Book Description
The term financialization is a term that has become popular to describe developments within the global economy, and particularly within developed industrialized economies, over the past thirty years. The book is divided into four sections, which together give a comprehensive treatment of the economics and political economy of financialization.
Author: Gregory W. Fuller
Publisher:
ISBN: 9781788211000
Category : Finance, Public
Languages : en
Pages : 0
Get Book
Book Description
Fuller explores the growing role of mortgage markets in the macroeconomy and provides a comparative analysis of housing finance and its growth across a number of European economies and the U.S. The book offers an insightful and timely discussion of the key political-economic consequences of household mortgage debt expansion.
Author: M. Haiven
Publisher: Springer
ISBN: 1137355972
Category : Social Science
Languages : en
Pages : 225
Get Book
Book Description
Drawing on a wide range of case studies, Cultures of Financialization argues that, in our age of crisis, the global economy is more invested than ever in culture and the imagination. We must take the idea of 'fictitious capital' seriously as a way to understand the power of finance, and what might be done to stop it.
Author: È Orhangazi
Publisher: Edward Elgar Publishing
ISBN: 1848440162
Category : Business & Economics
Languages : en
Pages : 177
Get Book
Book Description
Profound transformations have taken place both in the US and the global economy, most especially in the realm of finance. This title brings together a comprehensive analysis of financialization in the US economy that encompasses historical, theoretical, and empirical sides of the issues.
Author: Philip Mader
Publisher: Routledge
ISBN: 1351390368
Category : Business & Economics
Languages : en
Pages : 564
Get Book
Book Description
Financialization has become the go-to term for scholars grappling with the growth of finance. This Handbook offers the first comprehensive survey of the scholarship on financialization, connecting finance with changes in politics, technology, culture, society and the economy. It takes stock of the diverse avenues of research that comprise financialization studies and the contributions they have made to understanding the changes in contemporary societies driven by the rise of finance. The chapters chart the field’s evolution from research describing and critiquing the manifestations of financialization towards scholarship that pinpoints the driving forces, mechanisms and boundaries of financialization. Written for researchers and students not only in economics but from across the social sciences and the humanities, this book offers a decidedly global and pluri-disciplinary view on financialization for those who are looking to understand the changing face of finance and its consequences.
