The Economic Crisis in Social and Institutional Context

The Economic Crisis in Social and Institutional Context PDF Author: Sebastiano Fadda
Publisher: Routledge
ISBN: 1317617428
Category : Business & Economics
Languages : en
Pages : 245

Get Book

Book Description
This book explores the foundations of the current economic crisis. Offering a heterodox approach to interpretation it examines the policies implemented before and during the crisis, and the main institutions that shaped the model of advanced economies, particularly in the last two decades. The first part of the book provides a theoretical analysis of the crisis. The roots of the ‘great recession’ are divided into fundamentals with origins in financial liberalisation, financial innovation and income distribution, and complementary or contributory factors such as the international imbalances, the monetary policy,and the role of credit rating agencies. Part II suggests various paths to recovery while emphasising that it will be necessary to develop alternative strategies for sustainable economic recovery and growth. These strategies will require genuine political support and a new 'great European vision' to address major issues concerning the EU such as unemployment, structural regional differences and federalism. Drawing on various schools of thought, this book explains the complexities of the crisis through a wider evolutionary-institutional and heterodox framework.

The Economic Crisis in Social and Institutional Context

The Economic Crisis in Social and Institutional Context PDF Author: Sebastiano Fadda
Publisher: Routledge
ISBN: 1317617428
Category : Business & Economics
Languages : en
Pages : 245

Get Book

Book Description
This book explores the foundations of the current economic crisis. Offering a heterodox approach to interpretation it examines the policies implemented before and during the crisis, and the main institutions that shaped the model of advanced economies, particularly in the last two decades. The first part of the book provides a theoretical analysis of the crisis. The roots of the ‘great recession’ are divided into fundamentals with origins in financial liberalisation, financial innovation and income distribution, and complementary or contributory factors such as the international imbalances, the monetary policy,and the role of credit rating agencies. Part II suggests various paths to recovery while emphasising that it will be necessary to develop alternative strategies for sustainable economic recovery and growth. These strategies will require genuine political support and a new 'great European vision' to address major issues concerning the EU such as unemployment, structural regional differences and federalism. Drawing on various schools of thought, this book explains the complexities of the crisis through a wider evolutionary-institutional and heterodox framework.

Financial Crises

Financial Crises PDF Author: Brenda Spotton Visano
Publisher: Routledge
ISBN: 1134229984
Category : Business & Economics
Languages : en
Pages : 218

Get Book

Book Description
This study explores the major patterns of change in the evolution of financial crises as enduring phenomena and analyzes the paradoxical position that crises are at once similar to and different from each other. Brenda Spotton-Visano examines economic, psychological and social elements intrinsic to the process of capitalist accumulation and innovation to explain the enduring similarities of crises across historical episodes. She also assesses the impact that changing financial and economic structures have on determining the specific nature of crises and the differential effect these have in focal point, manner and extent of transmission to other, otherwise unrelated, parts of the economy. Financial Crises offers a consistent method for interpreting variations in financial crises through time and allows for a better overall appreciation for both the transitory fragility and enduring flexibility of financial capitalism and the potential vulnerability created by on-going financial development. Topical and informative, this key book is of keen interest to all those studying and researching international economics and political economy.

Aftershocks

Aftershocks PDF Author: Anton Hemerijck
Publisher: Amsterdam University Press
ISBN: 9089641920
Category : Business & Economics
Languages : en
Pages : 285

Get Book

Book Description
"Aftershocks was written in the midst of the deepest economic crisis since the Great Depression. Although it would be premature to presume to identify the repercussions of the crisis, it is clear that it will have profound aftershock effects in the political, economic, and social spheres. The book contains essays based on semi-structured interviews with leading scholars, European politicians and representatives from the world of business. They reflect on the origins of the crisis as well as the possible social, economic, and political transformations it may engender."--Publisher's description.

The social dimension of the economic crisis in Europe

The social dimension of the economic crisis in Europe PDF Author:
Publisher: Schibri-Verlag
ISBN: 3868631216
Category :
Languages : en
Pages : 116

Get Book

Book Description


The Financial Crisis Inquiry Report, Authorized Edition

The Financial Crisis Inquiry Report, Authorized Edition PDF Author: Financial Crisis Inquiry Commission
Publisher: Public Affairs
ISBN: 1610390415
Category : Business & Economics
Languages : en
Pages : 578

Get Book

Book Description
Examines the causes of the financial crisis that began in 2008 and reveals the weaknesses found in financial regulation, excessive borrowing, and breaches in accountability.

The Global Social Crisis

The Global Social Crisis PDF Author: United Nations
Publisher: UN
ISBN:
Category : Business & Economics
Languages : en
Pages : 136

Get Book

Book Description
During 2008-2009, the world experienced its worst financial and economic crisis since the Great Depression of the 1930s. The crisis followed the effects of the food and fuel price hikes in 2007 and 2008. In 2009, global output contracted by 2 per cent. This 2011 Report on the World Social Situation reviews the ongoing adverse social consequences of these crises after an overview of its causes and transmission.

The Great Recession

The Great Recession PDF Author: David B. Grusky
Publisher: Russell Sage Foundation
ISBN: 1610447506
Category : Business & Economics
Languages : en
Pages : 344

Get Book

Book Description
Officially over in 2009, the Great Recession is now generally acknowledged to be the most devastating global economic crisis since the Great Depression. As a result of the crisis, the United States lost more than 7.5 million jobs, and the unemployment rate doubled—peaking at more than 10 percent. The collapse of the housing market and subsequent equity market fluctuations delivered a one-two punch that destroyed trillions of dollars in personal wealth and made many Americans far less financially secure. Still reeling from these early shocks, the U.S. economy will undoubtedly take years to recover. Less clear, however, are the social effects of such economic hardship on a U.S. population accustomed to long periods of prosperity. How are Americans responding to these hard times? The Great Recession is the first authoritative assessment of how the aftershocks of the recession are affecting individuals and families, jobs, earnings and poverty, political and social attitudes, lifestyle and consumption practices, and charitable giving. Focused on individual-level effects rather than institutional causes, The Great Recession turns to leading experts to examine whether the economic aftermath caused by the recession is transforming how Americans live their lives, what they believe in, and the institutions they rely on. Contributors Michael Hout, Asaf Levanon, and Erin Cumberworth show how job loss during the recession—the worst since the 1980s—hit less-educated workers, men, immigrants, and factory and construction workers the hardest. Millions of lost industrial jobs are likely never to be recovered and where new jobs are appearing, they tend to be either high-skill positions or low-wage employment—offering few opportunities for the middle-class. Edward Wolff, Lindsay Owens, and Esra Burak examine the effects of the recession on housing and wealth for the very poor and the very rich. They find that while the richest Americans experienced the greatest absolute wealth loss, their resources enabled them to weather the crisis better than the young families, African Americans, and the middle class, who experienced the most disproportionate loss—including mortgage delinquencies, home foreclosures, and personal bankruptcies. Lane Kenworthy and Lindsay Owens ask whether this recession is producing enduring shifts in public opinion akin to those that followed the Great Depression. Surprisingly, they find no evidence of recession-induced attitude changes toward corporations, the government, perceptions of social justice, or policies aimed at aiding the poor. Similarly, Philip Morgan, Erin Cumberworth, and Christopher Wimer find no major recession effects on marriage, divorce, or cohabitation rates. They do find a decline in fertility rates, as well as increasing numbers of adult children returning home to the family nest—evidence that suggests deep pessimism about recovery. This protracted slump—marked by steep unemployment, profound destruction of wealth, and sluggish consumer activity—will likely continue for years to come, and more pronounced effects may surface down the road. The contributors note that, to date, this crisis has not yet generated broad shifts in lifestyle and attitudes. But by clarifying how the recession’s early impacts have—and have not—influenced our current economic and social landscape, The Great Recession establishes an important benchmark against which to measure future change.

Economic Crisis, Quality of Work, and Social Integration

Economic Crisis, Quality of Work, and Social Integration PDF Author: Duncan Gallie
Publisher: Oxford University Press
ISBN: 0199664722
Category : Business & Economics
Languages : en
Pages : 368

Get Book

Book Description
This book provides a comparative analysis of the impact of the economic crisis on the quality of work and work-life balance.

Before and After the Economic Crisis

Before and After the Economic Crisis PDF Author: M. -A. Moreau
Publisher: Edward Elgar Publishing
ISBN: 184980995X
Category : Business & Economics
Languages : en
Pages : 334

Get Book

Book Description
This timely book casts new light on the key issues arising from the contentious debate around the future of the European Social Model. Marie-Ange Moreau brings together leading experts to provide a thorough and well-informed response to the recent developments in European social and labour law and policy, in the light of institutional changes. The contributing authors provide unique insights as they evaluate the impact of the enlargement processes, the implications of the Lisbon Treaty, the integration of the Charter into EU law and, crucially, the evaluation of the European evolutions in the context of the economic crisis. Before and After the Economic Crisis will appeal to academics, researchers and graduate students working on European labour law, industry relations, social policy and gender issues and related topics in economics and political sciences.

The 2030 Agenda for Sustainable Development in the New Global and Regional Context

The 2030 Agenda for Sustainable Development in the New Global and Regional Context PDF Author: Economic Commission for Latin America and the Caribbean
Publisher: United Nations
ISBN: 9210051424
Category : Political Science
Languages : en
Pages : 60

Get Book

Book Description
This document gives an overview of the main economic, social and environmental trends globally and regionally that influence the achievement of the SDGs in Latin America and the Caribbean and offers a prospective analysis of progress towards the related targets on the basis of 72 statistical series of SDG indicators in the region. It simulates scenarios at 2030 in three crucial topics: unemployment, extreme poverty and greenhouse gas emissions. On this basis, the document concludes with an evaluation of the risks facing achievement of the 2030 Agenda in the region. All the analyses include elements relating to the effects of COVID-19 (coronavirus) , as far as possible with the information available in the last week of March 2020, on the understanding that the behaviour of economic and social variables must necessarily be interpreted with caution amid the current uncertainty.