Modern Financial Crises Argentina, United States and Europe /

• Κύριοι συγγραφείς: Moro, Beniamino (Συγγραφέας), Beker, Victor A. (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Cham : Springer International Publishing : Imprint: Springer, 2016.
• Σειρά: Financial and Monetary Policy Studies, 42
• Θέματα: Finance.; Macroeconomics.; International economics.; Economic policy.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; Economic Policy.; International Economics.; Finance, general.
• Φυσική περιγραφή: XVII, 257 p. 26 illus. in color. online resource.
• ISBN: 9783319209913
• ISSN: 0921-8580 ;

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.