現代の金融危機：アルゼンチン、米国と欧州 Modern Financial Crises : Argentina, United States and Europe (Financial and Monetary Policy Studies)

Moro, Beniamino/ Beker, Victor A.

Springer International Publishing AG（2015/07発売）

• 製本 Hardcover:ハードカバー版／ページ数 257 p.
• 言語 ENG
• 商品コード 9783319209906

Full Description

This book is devoted to the analysis of the three main financial crises that have marked this century: 2001 Argentina's defaulting on its external debt, the American subprime crisis in 2008, and the current European debt crisis in Europe. The book pursues three major objectives: firstly, to accurately portray these three financial crises; secondly, to analyze what went wrong with mainstream economic theory, which was unable to foresee these types of economic turmoil; and thirdly, to review macroeconomic theory, re-evaluating Keynes' original contribution to economic analysis and pointing out the need to rebuild macroeconomics with a view to studying economic illness rather than trying to prove the non-existence of economic problems.

Contents

Introduction: The Core Characteristics of Financial Crises.- The Case of Argentina: Argentina's Debt Crisis.- The American 2007 - 2009 Subprime Crisis: The American Financial Crisis.- The Run on Repo and the Policy Interventions to Struggle the Great Crisis.- The European Public Debt Crisis: From the American Financial Meltdown to the European Banking and Public Debt Crisis.- The European Crisis and the Accumulation of TARGET2 Imbalances.- The European Debt Crisis.- The Impact of the Great Crisis on Economic Tought: The Theoretical Debate on the Great Crisis.- From the Economic Crisis to the Crisis of Economics.- Rethinking Macroeconomics in Light of the Great Crisis.- Current Issues and Conclusions: Current Issues and Policies.- Open Problems and Conclusions.