ISBN:
9781785364761
Language:
English
Pages:
1 Online-Ressource (288 p)
,
cm
Series Statement:
Edward Elgar E-Book Archive
Series Statement:
New directions in post-keynesian economics
Parallel Title:
Available in another form
Parallel Title:
Erscheint auch als The financialization response to economic disequilibria
DDC:
339.5
Keywords:
Finanzkapitalismus
;
Ungleichgewichtsökonomie
;
Europa
;
Lateinamerika
;
Equilibrium (Economics)
;
Business cycles
;
Electronic books
Abstract:
Introduction what are the issues now? controversies about disequilibria, economic growth, and economic policies / Noemi Levy and Etelberto Ortiz -- Part I -- Structural desequilibria in Europe: what to do -- 1. A structural and monetary perspective of the Euro crisis / Riccardo Bellofiore, Francesco Garibaldo and Mariana Mortagua -- 2. The big financial crisis and the European economic adjustment: a road towards the strengthening of the neoliberal agenda / Ma. Guadalupe Huerta -- 3. Debt deflation theory and the great recession / Domenica Tropeano and Alessandro Vercelli -- Part II -- The forces of desequilibria at work: their impact on growth -- 4. The periphery in the productive globalization: a new dependency? / Alan Cibils and Germán Pinazo -- 5. Latin America in the new international order: new forms of economic organizations and old forms of surplus appropriation / Noemi Levy -- 6. Inequality, technological change and worldwide economic recovery / Carlos A. Rozo -- 7. Global disequilibria and the inequitable distribution of income / Alma Chapoy -- 8. Transformations of entrepreneurial capitalism, crises and the need for a radical change in economic policy / Hassan Bougrine and Louis-Philippe Rochon -- Part III -- Disequilibria in the Mexican economy: the export growth model, economic stagnation and labor precarization -- 9. The limits of the export led growth model: the Mexican experience / Etelberto Ortiz -- 10. The Mexican economy in 2014: between crisis, free trade, social devastation and labour precarization / Alejandro Álvarez and Sandra Martínez -- 11. The accumulation mode of production in Mexico and the economic structure of the manufacturing industry / Luis Kato -- Part IV -- Disequilibria in Mexico: the financial and fiscal trap -- 12. Economic growth and financial development in mexico: from a virtuous circle of a bi-directional causality to a financial subordination / Teresa López and Eufemia Basilio -- 13. Private ssector finance in the era of deregulation and economic openness: Mexico 2000-2014 / Christian Domínguez and Juan Marroquín -- 14. Pro-cyclical fiscal policy and the fiscal support of the Mexican monetary policy / Luis Á. Ortiz.
Abstract:
Europe and Latin America's social and economic stagnation is a direct result of the unresolved phenomena of the financialization crisis that broke out in 2008 in developed countries. Editors Noemi Levy and Etelberto Ortiz analyze the limitations of economic growth and development under capitalist economic organizations where financial capital is dominant, as well as explore alternative economic policies. This book argues that institutional settings based on the international monetary market, the global production organization and the international commerce arrangements need to be redesigned to improve countries' economic growth, job opportunities and salaries. In order for economic disequilibria to be reduced among regions, countries and social classes, economic surplus appropriation must be regulated. Divided into four distinct thematic sections, the chapters discuss how income distribution must be re-evaluated in order to halt the economic crisis of developing countries in Europe and Latin America, and to boost a new cycle of economic growth and development. This critical discussion will be of value to economic scholars and researchers, policymakers wishing to learn more about the limitations of economic growth, as well as journalists specializing in economic issues
Note:
Contributors include: A. Álvarez, E. Basilio, R. Bellofiore, H. Bougrine, A. Chapoy, A. Cibils, C. Domínguez, F. Garibaldo, M. Guadalupe Huerta, L. Kato, N. Levy, T. López, J. Marroquín, S. Martínez, M. Mortagua, E. Ortiz, L.Á. Ortiz, G. Pinazo, L.-P. Rochon, C.A. Rozo, D. Tropeano. A. Vercelli
,
Includes bibliographical references and index
DOI:
10.4337/9781785364761
URL:
Deutschlandweit zugänglich
URL:
Deutschlandweit zugänglich
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