Brenda Spotton Visano

Financial Crises

Socio-Economic Causes and Institutional Context

• Gebundenes Buch

Produktbeschreibung

The financial crisis is a recurring phenomenon, yet its various instances have differed greatly in nature. Crises have punctuated the history of Western financial systems since the early eighteenth century variously appearing in the guise of stock market crashes, large-scale failures of financial enterprises, collapses in the external value of a nation's currency, or some combination of the three. This study explores the major patterns of change in the evolution of financial crises as enduring phenomena, and analyzes the paradoxical position that crises are at once similar to and different from each other. Brenda Spotton-Visano examines economic, psychological and social elements intrinsic to the process of capitalist accumulation and innovation to explain the enduring similarities of crises across historical episodes. She also assesses the impact that changing financial and economic structures have on determining the specific nature of crises and the differential effect these have in focal point, manner and extent of transmission to other, otherwise unrelated, parts of the economy. "Financial Crises "offers a consistent method for interpreting variations in financial crises through time and allows for a better overall appreciation for both the transitory fragility and enduring flexibility of financial capitalism and the potential vulnerability created by on-going financial development.

Produktdetails

• Verlag: CRC Press
• Seitenzahl: 144
• Erscheinungstermin: 9. Februar 2006
• Englisch
• Abmessung: 217mm x 152mm x 14mm
• Gewicht: 299g
• ISBN-13: 9780415362870
• ISBN-10: 0415362873
• Artikelnr.: 21802169

Autorenporträt

Brenda Spotton Visano

Inhaltsangabe

1. Introduction and Outline 2. Finance and the Economy: Traditional
Economic Perspectives and Paradigms 3. Anatomy of a Crisis: Historical
Episodes Compared 4. Innovation and Forms of Speculation: Sources of
Uncertainty and Instability 5. Socio-Economic Perspective on the Evolution
of Financial Manias and Panics 6. Structuration of the Crisis: The
Interplay between Investors, Financial Institutions and Structures 7.
Conclusion