An examination of Liquidity Crunch in triggering and characterizing financial crises.
Since the subprime mortgage crisis that began in 2007, advanced economies have felt a nagging sense of insecurity. In parallel, the profession has witnessed phenomena that are alien to mainstream macroeconomic models. Financial crises are systemic, occurring simultaneously in different economies. In this book, Guillermo Calvo focuses on liquidity factors as a commonality in financial crises. Specifically, he examines the role of "liquidity crunch" in triggering crises. He also identifies a fundamental (but overlooked) idea in Keynes's General Theory, termed by Calvo the price theory of money, to rationalize the resiliency of the U.S. dollar when other dollar-backed assets suffered a devastating liquidity crunch.
Calvo shows that a sharp focus on liquidity reveals some characteristics of liquid assets that are easy to miss otherwise. He argues for liquidity's centrality, presenting what he calls the Liquidity Approach. He shows that simple extensions of standard monetary models help rationalize the implications of the liquidity crunch, and then examines slightly more technical models that highlight liquidity issues. He explores the empirical effects of liquidity crunch by studying systemic sudden stops (of capital inflows), presuming that they are triggered by liquidity crunch-type phenomena.
Автор: Jean-Michel Lafleur; Mikolaj Stanek Название: South-North Migration of EU Citizens in Times of Crisis ISBN: 3319819607 ISBN-13(EAN): 9783319819600 Издательство: Springer Рейтинг: Цена: 6986.00 р. Наличие на складе: Поставка под заказ.
Описание: This open access book looks at the migration of Southern European EU citizens (from Portugal, Spain, Italy, Greece) who move to Northern European Member States (Belgium, France, Germany, United Kingdom) in response to the global economic crisis. Its objective is twofold.
Автор: Rommerskirchen Charlotte Название: EU Fiscal Policy Coordination in Hard Times ISBN: 0198829019 ISBN-13(EAN): 9780198829010 Издательство: Oxford Academ Рейтинг: Цена: 13622.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This volume provides an alternative account of recent economic cooperation in Europe. It argues that, in sharp contrast to the preceding decade of consolidation and constraint, fiscal policy coordination during the Great Recession (2008-2010) presented a novelty: a study in fiscal expansion.
Executives can no longer base their strategies on the assumption that globalization will continue to advance steadily. But how should they respond to the growing pressures against globalization? And what can businesses do to control their destinies in these times of uncertainty?
In The New Global Road Map, Pankaj Ghemawat separates fact from fiction by giving readers a better understanding of the key trends affecting global business. He also explains how globalization levels around the world are changing, and where they are likely to go in the future. Using the most up-to-date data and analysis, Ghemawat dispels today's most dangerous myths and provides a clear view of the most critical issues facing policy makers in the years ahead.
Building on this analysis, with examples from a diverse set of companies across industries and geographies, Ghemawat provides actionable frameworks and tools to help executives revise their strategies, restructure their global footprints, realign their organizations, and rethink how they work with local governments and institutions.
In our era of rising nationalism and increased skepticism about globalization's benefits, The New Global Road Map delivers the definitive guide on how to compete profitably across borders.
Описание: In Mass Politics in Tough Times, the eminent political scientists Larry Bartels and Nancy Bermeo have gathered a group of leading scholars to analyze the political responses to the Great Recession in the US, Western Europe, and East-Central Europe.
A groundbreaking historical analysis of how global capitalism and advanced democracies mutually support each other
It is a widespread view that democracy and the advanced nation-state are in crisis, weakened by globalization and undermined by global capitalism. Torben Iversen and David Soskice argue that this view is wrong. In fact, advanced democracies are resilient and their enduring relationship with capitalism has been mutually beneficial. Iversen and Soskice show how democratic states continuously reinvent their economies through public investment in research and education, by imposing competitive product markets and cooperation in the workplace, and by securing macroeconomic discipline as the preconditions for innovation and the promotion of the advanced sectors of the economy. Challenging the prevailing wisdom on globalization, Democracy and Prosperity reveals how advanced capitalism is neither footloose nor unconstrained--and how it thrives under democracy precisely because it cannot subvert it.
Автор: Butcher Jennifer T., Baker Wilbert C. Название: Addressing Issues of Systemic Racism During Turbulent Times ISBN: 1799885321 ISBN-13(EAN): 9781799885320 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 31046.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Raises awareness of the obstacles of institutional racism encountered by African Americans during crucial times with the hopes of providing the needed support for individuals to navigate the systemic barriers. The book also provides research-based information to create an awareness of issues of systemic racism encountered during a time of crisis.
Автор: Butcher Jennifer T., Baker Wilbert C. Название: Addressing Issues of Systemic Racism During Turbulent Times ISBN: 179988533X ISBN-13(EAN): 9781799885337 Издательство: Mare Nostrum (Eurospan) Рейтинг: Цена: 23978.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Raises awareness of the obstacles of institutional racism encountered by African Americans during crucial times with the hopes of providing the needed support for individuals to navigate the systemic barriers. The book also provides research-based information to create an awareness of issues of systemic racism encountered during a time of crisis.
Описание: "This book focuses on current issues facing nations and regions where poverty and conflict are endangering the lives of citizens as well as the socio-economic viability of those regions, highlighting crucial topics and offering potential solutions to problems relating to domestic and international conflict, societal safety and security, as well as political instability"--
Описание: This open access collection is devoted to an in-depth, qualitative analysis of practices of cross-national solidarity in response to the current political and social crises, from citizens` initiatives to networks of cooperation among civil society actors.
Описание: This edited collection provides the first in-depth analysis of social policies and the risks faced by young people. The book explores the effects of both the economic crisis and austerity policies on the lives of young Europeans, examining both the precarity of youth transitions, and the function of welfare state policies.
Автор: Caiani Manuela, Graziano Paolo Название: Varieties of Populism in Europe in Times of Crises ISBN: 0367743442 ISBN-13(EAN): 9780367743444 Издательство: Taylor&Francis Рейтинг: Цена: 22202.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This volume sheds light from different methodological and theoretical angles and offers evidence from a variety of cases on the `why` and `how` questions on populism`s emergence and consolidation in Europe in the last 30 years.
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