Financial Crises

《Financial Crises》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、PageiFinancialCrisesThefinancialcrisisisarecurringphenomenon,yetitsvariousinstanceshavedifferedgreatlyinnature.CriseshavepunctuatedthehistoryofWesternfinancialsystemssincetheearlyeighteenthcentury,variouslyappearingintheguiseofstockmarketcrashes,large-scalefailuresoffinancialenter

2、prises,collapsesintheexternalvalueofanation’scurrencyorsomecombinationofthethree.Thisstudyexploresthemajorpatternsofchangeintheevolutionoffinancialcrisesasenduringphenomena,andanalysestheparadoxicalpositionthatcrisesareatoncesimilartoanddifferentfromeachother.BrendaSpottonVisanoex

3、amineseconomic,psychologicalandsocialelementsintrinsictotheprocessofcapitalistaccumulationandinnovationtoexplaintheenduringsimilaritiesofcrisesacrosshistoricalepisodes.Shealsoassessestheimpactthatchangingfinancialandeconomicstructureshaveondeterminingthespecificnatureofcrisesandth

4、edifferentialeffectthesehaveinfocalpoint,mannerandextentoftransmissiontoother,otherwiseunrelated,partsoftheeconomy.FinancialCrisesoffersaconsistentmethodforinterpretingvariationsinfinancialcrisesthroughtimeandallowsforabetteroverallappreciationforboththetransitoryfragilityandendur

5、ingflexibilityoffinancialcapitalismandthepotentialvulnerabilitycreatedbyon-goingfinancialdevelopment.BrendaSpottonVisanoisAssociateProfessorofEconomicsatYorkUniversity,Canada.PageiiRoutledgeStudiesintheModernWorldEconomy1InterestRatesandBudgetDeficitsAstudyoftheadvancedeconomiesKa

6、nhayaL.GuptaandBakhtiarMoazzami2WorldtradeaftertheUruguayRoundProspectsandpolicyoptionsforthetwenty-firstcenturyEditedbyHaraldSanderandAndrásInotai3TheFlowAnalysisofLabourMarketsEditedbyRonaldSchettkat4InflationandUnemploymentContributionstoanewmacroeconomicapproachEditedbyAlvaroC

7、enciniandMauroBaranzini5MacroeconomicDimensionsofPublicFinanceEssaysinhonourofVitoTanziEditedbyMarioI.BlejerandTeresaM.Ter-Minassian6FiscalPolicyandEconomicReformsEssaysinhonourofVitoTanziEditedbyMarioI.BlejerandTeresaM.Ter-Minassian7CompetitionPolicyintheGlobalEconomyModalitiesfo

8、rco-operationEditedbyLeonardWaver