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  • 1
    ISBN: 9781783474318
    Language: English
    Pages: 1 Online-Ressource (296 p) , cm
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als The global south after the crisis
    DDC: 330.9051
    RVK:
    Keywords: Finanzkrise ; Wirtschaftslage ; Finanzpolitik ; Entwicklungsländer ; Schwellenländer ; Financial crises ; Global Financial Crisis, 2008-2009 ; Finanskriser ; Ulandsøkonomi ; Electronic books ; Aufsatzsammlung ; Finanzkrise ; Entwicklungsländer ; Geschichte 2008-2009
    Abstract: Introduction -- 1. The impacts of the 2008 global financial crisis on developing countries: the case of the 15 most affected countries / Hasan Cömert and Esra Nur Uğurlu -- 2. A tale of two worlds? income distribution and the global crisis: observations from the north/south nexus / Serdal Bahçe and Ahmet Haşim Köse -- 3. Central banking in developing countries after the crisis: what has changed? / Ahmet Benlialper and Hasan Cömert -- 4. Monetary transmission in Africa: a review of official sources / Rex A. McKenzie -- 5. Commodities economy in times of crisis: Bolivia after the global financial meltdown / Orlando Justo and Juan E. Santarcángelo -- 6. The Brazilian economy after the 2008 global financial crisis: the end of the macroeconomic tripod's golden age / Marcos Reis, Andre De Melo Modenesi and Rui Lyrio Modenesi -- 7. The global financial crisis: impact and response from Malaysia / Shankaran Nambiar -- 8. The impacts of the global crisis on the Turkish economy, and policy responses / Hasan Cömert and Mehmet Selman Çolak.
    Abstract: The Global South after the Crisis is an appraisal and analysis of how the Great Recession of 2008 to 2009 unfolded in the developing world and an exploration of its effects on those countries, particularly on each one's economic management. Essays identify the ways in which the crisis was transmitted to these countries and the associated policy responses of the governments concerned. This volume is split into two accessible sections. The first part concentrates on the impact of the crisis on growth, inequality, policy responses and policy shifts in key areas such as central banking. The second part comprises individual country case studies and includes an exploration of the vulnerabilities related to the integration of developing economies into the world economy. This well-integrated compilation of both original case studies and thematic essays will be of interest to scholars and professionals working in the development field and other readers wishing to obtain an understanding of socio-economic developments in the wider world. Aid workers, policy makers, and social science researchers will also find value in this book
    Note: Contributors include: S. Bahçe, A. Benlialper, M.S. Çolak, H. Cömert, A. de Melo Modenesi, O. Justo, A.H. Kös, R.A. McKenzie, R.L. Modenesi, S. Nambiar, M. Reis, J.E. Santarcángelo, E.N. Ugurlu , Includes bibliographical references and index
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  • 2
    ISBN: 9781781004050
    Language: English
    Pages: 1 Online-Ressource (xii, 207 pages) , diagrams
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als Cömert, Hasan Central banks and financial markets
    RVK:
    Keywords: Zentralbank ; Geldpolitik ; Finanzmarkt ; Finanzkrise ; USA ; Welt ; Banks and banking, Central ; Global Financial Crisis, 2008-2009 ; Monetary policy ; Monetary policy History 21st century ; Electronic books ; USA ; USA ; Kreditmarkt ; Geldpolitik
    Abstract: 'Hasan Cömert's timely book reaches us during the prolonged conditions of the global great recession. By providing a thorough and detailed econometric analysis of the institutional and historical developments of the hegemonic leader of capitalism, Cömert reveals that the simplistic monetary policy tools of the central banks of the so-called "modern great moderation" era are over, and we are now at the crossroads of a paradigmatic shift. Cömert's book suggests itself as one of the first leading examples of this shift.' (Erinç Yeldan, Yasar University, Turkey). -- 'This provocative book shows that the Federal Reserve has, in the last four decades, gradually lost influence over credit and financial markets. This argument, supported by institutional analysis and econometric tests, has two explosive implications: first, Federal Reserve policy did not cause the subprime crisis; second, central banks no longer have instruments for intervening in economies whose growth they are now expected to restore. Anyone concerned with the future of global capitalism should consider Cömerts work as a matter of urgency.' (Gary Dymski, Leeds University Business School, UK and University of California, Riverside, US). -- 'Prior to the outbreak of the financial crisis in 2008, mainstream economists celebrated a "New Consensus" on monetary policy in which independent central banks were assumed able to bring about a "Great Moderation" of low inflation and high economic growth by manipulating short-term interest rates. In this important and interesting book, Hasan Cömert demonstrates convincingly, through institutional analysis and econometrics, that central banks lost control of the price and quantity of credit starting two decades before this celebration. He shows that central banks themselves, through their support of financial market deregulation and globalization, helped bring about both monetary policy impotence and the global crisis. Its a must-read.' (James Crotty, University of Massachusetts, Amherst, US).
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  • 3
    ISBN: 9781788116824
    Language: English
    Titel der Quelle: Financialisation and the financial and economic crises
    Publ. der Quelle: Cheltenham, UK : Edward Elgar Publishing, 2017
    Angaben zur Quelle: (2017), Seite 275-298
    Angaben zur Quelle: year:2017
    Angaben zur Quelle: pages:275-298
    Keywords: Aufsatz im Buch
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