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基本説明
This collection of essays adapts and develops Minsky's innovative insights, while keeping the originality of his methodology and vision. Providing vital interpretations of the present crisis, this volume shows that it is time to take a step forward in our understanding of Minsky, his visions of a capitalist economy with developed financial institutions, and the real possibilities of the Financial Instability Hypothesis.
Full Description
This book provides a systematic account of financial crisis in the developing world by exploring how Minsky's theory may be extended to countries at early stages of financial development, going beyond the parameters of the established 'emerging market crisis' literature.
Contents
Introduction; D.Tavasci & J.Toporowski Minsky Moments, Russell Chickens, and Grey Swans; A.Vercelli The Transformation of the Financial System; Y.Nersisyan & L.Randall Wray Financial Globalisation and Financial Exclusion; G.A.Dymski Magdoff-Sweezy and Minsky; R.Bellofiore & J.Halevi Reclaimed by the Mainstream?; A.Nesvetailova A Minsky Perspective on the Global Recession; C.J.Whalen Macroeconomic Imbalances in the U.S.; J.S.Perelstein Minsky, Financial Structure and Development; V.Chick Minsky in the New Financial Institutional Framework; N.Levy-Orlik Money Manager Capitalism; L.Ventimiglia & D.Tavasci Minsky au Vietnam; S.Cheshier & J.Pincus Islamic Banking in Malaysia; E.Karwowski Ponzi from the Start; D.Bezemer, M.Hudson & J.Sommers Financial Crises in an Asian Transitional Economy; R.Marshall & B.Walters Speculative Behaviour and Financial Fragility; V.Arza & P.Espanol Financial Crises the Latin American Way; M.Cruz & B.Walters Banks in the Korean Financial Crisis of 1997; J.P.Painceira Minsky and Indonesia; Y.Matsumoto