Author: Anders Åslund
Publisher: Peterson Institute
ISBN: 0881326178
Category : Banks and banking
Languages : en
Pages : 137
Book Description
The Last Shall Be the First: The East European Financial Crisis
Author: Anders Åslund
Publisher: Peterson Institute
ISBN: 0881326178
Category : Banks and banking
Languages : en
Pages : 137
Book Description
Publisher: Peterson Institute
ISBN: 0881326178
Category : Banks and banking
Languages : en
Pages : 137
Book Description
Institutional trust and economic policy Lessons from the history of the Euro
Author: Dóra Győrffy
Publisher: Central European University Press
ISBN: 6155225346
Category : Political Science
Languages : en
Pages : 240
Book Description
The book seeks to link theoretical debates on the relevance of trust in economic outcomes with the current arguments about the origins and lessons of the subprime crisis. By what mechanisms does trust influence economic outcomes? Under what conditions do these mechanisms prevail? How do debates about trust help our understanding of the subprime crisis in the European Union? By integrating insights from Post-Keynesian, Austrian and new institutional economics, the central proposition of the analysis is that the presence or absence of institutional trust creates virtuous and vicious cycles in law-abiding, which critically influence the possibility for economic agents to have realistic long-term plans.
Publisher: Central European University Press
ISBN: 6155225346
Category : Political Science
Languages : en
Pages : 240
Book Description
The book seeks to link theoretical debates on the relevance of trust in economic outcomes with the current arguments about the origins and lessons of the subprime crisis. By what mechanisms does trust influence economic outcomes? Under what conditions do these mechanisms prevail? How do debates about trust help our understanding of the subprime crisis in the European Union? By integrating insights from Post-Keynesian, Austrian and new institutional economics, the central proposition of the analysis is that the presence or absence of institutional trust creates virtuous and vicious cycles in law-abiding, which critically influence the possibility for economic agents to have realistic long-term plans.
The Philosophy, Politics and Economics of Finance in the 21st Century
Author: Patrick O'Sullivan
Publisher: Routledge
ISBN: 1135122520
Category : Business & Economics
Languages : en
Pages : 509
Book Description
Since 2008, the financial sector has been the subject of extensive criticism. Much of this criticism has focused on the morality of the actors involved in the crisis and its extended aftermath. This book analyses the key moral and political philosophical issues of the crisis and relates them to the political economy of finance. It also examines to what extent the financial sector can or should be reformed. This book is unified by the view that the financial sector had been a self-serving and self-regulating elite consumed by greed, speculation and even lawlessness, with little sense of responsibility to the wider society or common good. In light of critical analysis by authors from a variety of backgrounds and persuasions, suggestions for reform and improvement are proposed, in some cases radical reform. By placing the world of finance under a microscope, this book analyses the assumptions that have led from hubris to disgrace as it provides suggestions for an improved society. Rooted in philosophical reflection, this book invites a critical reassessment of finance and its societal role in the 21st century. This book will be of interest to academics, politicians, central bankers and financial regulators who wish to improve the morality of finance.
Publisher: Routledge
ISBN: 1135122520
Category : Business & Economics
Languages : en
Pages : 509
Book Description
Since 2008, the financial sector has been the subject of extensive criticism. Much of this criticism has focused on the morality of the actors involved in the crisis and its extended aftermath. This book analyses the key moral and political philosophical issues of the crisis and relates them to the political economy of finance. It also examines to what extent the financial sector can or should be reformed. This book is unified by the view that the financial sector had been a self-serving and self-regulating elite consumed by greed, speculation and even lawlessness, with little sense of responsibility to the wider society or common good. In light of critical analysis by authors from a variety of backgrounds and persuasions, suggestions for reform and improvement are proposed, in some cases radical reform. By placing the world of finance under a microscope, this book analyses the assumptions that have led from hubris to disgrace as it provides suggestions for an improved society. Rooted in philosophical reflection, this book invites a critical reassessment of finance and its societal role in the 21st century. This book will be of interest to academics, politicians, central bankers and financial regulators who wish to improve the morality of finance.
The Middle-Income Trap in Central and Eastern Europe
Author: Yaman Kouli
Publisher: Berghahn Books
ISBN: 1805393952
Category : Political Science
Languages : en
Pages : 258
Book Description
Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic “way west” for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which ultimately makes foreign capital less attractive. In this volume authors from diverse disciplinary perspectives reflect on current debates surrounding the developmental bottlenecks in East-Central Europe. Their common goal is to analyze the manner of socio-economic transformation, question of the relevance and impact of the “middle-income trap” and identify possible ways to escape it.
Publisher: Berghahn Books
ISBN: 1805393952
Category : Political Science
Languages : en
Pages : 258
Book Description
Since the 1990s, the economic development of Central and Eastern Europe has maintained high economic growth rates, seemingly leading to an era of prosperity. This very positive vision of future economic success, linked to current political backlash and a long history of economic adversity, is a thin veil of the economic “way west” for so-called transition countries. The Middle-Income Trap in Central and Eastern Europe examines the reality of the diminishing marginal utility of further international investments alongside the pitfalls of higher government spending to cultivate innovation which ultimately makes foreign capital less attractive. In this volume authors from diverse disciplinary perspectives reflect on current debates surrounding the developmental bottlenecks in East-Central Europe. Their common goal is to analyze the manner of socio-economic transformation, question of the relevance and impact of the “middle-income trap” and identify possible ways to escape it.
Handbook of the International Political Economy of Monetary Relations
Author: Thomas Oatley
Publisher: Edward Elgar Publishing
ISBN: 0857938371
Category : Business & Economics
Languages : en
Pages : 507
Book Description
This extensive Handbook provides an in-depth exploration of the political economy dynamics associated with the international monetary and financial systems. Leading experts offer a fresh take on research into the interaction between system structure, t
Publisher: Edward Elgar Publishing
ISBN: 0857938371
Category : Business & Economics
Languages : en
Pages : 507
Book Description
This extensive Handbook provides an in-depth exploration of the political economy dynamics associated with the international monetary and financial systems. Leading experts offer a fresh take on research into the interaction between system structure, t
The Routledge Handbook of East European Politics
Author: Adam Fagan
Publisher: Routledge
ISBN: 1317418875
Category : Political Science
Languages : en
Pages : 484
Book Description
The Routledge Handbook of East European Politics is an authoritative overview that will help a wide readership develop an understanding of the region in all its political, economic, and social complexity. Including Central Europe, the Baltic republics, South Eastern Europe, and the Western Balkans, as well as all the countries of the former Soviet Union, it is unrivalled in breadth and depth, affording a comprehensive overview of Eastern European politics provided by leading experts in the fields of comparative politics, international relations, and public administration. Through a series of cutting-edge articles, it seeks to explain and understand patterns of Eastern European politics today. The Routledge Handbook of East European Politics will be a key reference point both for advanced-level students developing knowledge about the subject, researchers producing new material in the area, and those interested and working in the fields of East European Politics, Russian Politics, EU Politics, and more broadly in European Politics, Comparative Politics, Democratization Studies, and International Relations.
Publisher: Routledge
ISBN: 1317418875
Category : Political Science
Languages : en
Pages : 484
Book Description
The Routledge Handbook of East European Politics is an authoritative overview that will help a wide readership develop an understanding of the region in all its political, economic, and social complexity. Including Central Europe, the Baltic republics, South Eastern Europe, and the Western Balkans, as well as all the countries of the former Soviet Union, it is unrivalled in breadth and depth, affording a comprehensive overview of Eastern European politics provided by leading experts in the fields of comparative politics, international relations, and public administration. Through a series of cutting-edge articles, it seeks to explain and understand patterns of Eastern European politics today. The Routledge Handbook of East European Politics will be a key reference point both for advanced-level students developing knowledge about the subject, researchers producing new material in the area, and those interested and working in the fields of East European Politics, Russian Politics, EU Politics, and more broadly in European Politics, Comparative Politics, Democratization Studies, and International Relations.
Trauma To Triumph: Rising From The Ashes Of The Asian Financial Crisis
Author: Hoe Ee Khor
Publisher: World Scientific
ISBN: 9811253579
Category : Business & Economics
Languages : en
Pages : 950
Book Description
This book takes stock of and analyzes the events during the Asian financial crisis (AFC) and subsequent developments, including the global financial crisis (GFC), that led to the development of the ASEAN+3 regional financial cooperation framework and the establishment of the ASEAN+3 Macroeconomic Research Office. The book is the first of its kind to compile comprehensive recollections of the major players during the AFC and the GFC, including country-level narratives on the causes and developments of the crises, and measures to overcome them. The book not only presents an analytical and deeper examination of country experiences during both crises, but also assesses the two crises and covers the lessons learnt from the crises, particularly with a focus on the development of regional financial cooperation. The book concludes with regional financial cooperation in retrospect, aiming to catalyze further discussions on the direction of the region's financial cooperation.
Publisher: World Scientific
ISBN: 9811253579
Category : Business & Economics
Languages : en
Pages : 950
Book Description
This book takes stock of and analyzes the events during the Asian financial crisis (AFC) and subsequent developments, including the global financial crisis (GFC), that led to the development of the ASEAN+3 regional financial cooperation framework and the establishment of the ASEAN+3 Macroeconomic Research Office. The book is the first of its kind to compile comprehensive recollections of the major players during the AFC and the GFC, including country-level narratives on the causes and developments of the crises, and measures to overcome them. The book not only presents an analytical and deeper examination of country experiences during both crises, but also assesses the two crises and covers the lessons learnt from the crises, particularly with a focus on the development of regional financial cooperation. The book concludes with regional financial cooperation in retrospect, aiming to catalyze further discussions on the direction of the region's financial cooperation.
Hungary and Other Emerging EU Countries in the Financial Storm
Author: Júlia Király
Publisher: Springer Nature
ISBN: 3030495442
Category : Business & Economics
Languages : en
Pages : 159
Book Description
This book analyzes the banking crisis and the events surrounding it in Hungary and other emerging EU member countries in 2007-2013. Written by Júlia Király, a former policymaker, and the Deputy Governor of the Hungarian Central Bank at the time of the crisis, it also offers a firsthand account of the processes in and responses to the financial crisis. While there is extensive literature on the crisis, most of it focuses on the US or the Eurozone, sometimes mentioning the “emerging world” in passing. However, Central and Eastern Europe experienced the crisis very differently than other emerging countries. In the pre-crisis years, the region in accession to the EU attracted abundant fresh capital, but the seemingly unconstrained global liquidity fuelled credit bubbles. After the Lehman crisis, capital rapidly fled these countries. In this part of the world, the recession proved to be much worse than elsewhere, with double-digit growth soon turning into a double-digit decline in GDP. Several countries had to turn to the IMF and the EU for stand-by credit. Based on her own inside experience as a top central banker, the author offers a personal yet professional analysis of the causes and consequences of the financial hurricane.
Publisher: Springer Nature
ISBN: 3030495442
Category : Business & Economics
Languages : en
Pages : 159
Book Description
This book analyzes the banking crisis and the events surrounding it in Hungary and other emerging EU member countries in 2007-2013. Written by Júlia Király, a former policymaker, and the Deputy Governor of the Hungarian Central Bank at the time of the crisis, it also offers a firsthand account of the processes in and responses to the financial crisis. While there is extensive literature on the crisis, most of it focuses on the US or the Eurozone, sometimes mentioning the “emerging world” in passing. However, Central and Eastern Europe experienced the crisis very differently than other emerging countries. In the pre-crisis years, the region in accession to the EU attracted abundant fresh capital, but the seemingly unconstrained global liquidity fuelled credit bubbles. After the Lehman crisis, capital rapidly fled these countries. In this part of the world, the recession proved to be much worse than elsewhere, with double-digit growth soon turning into a double-digit decline in GDP. Several countries had to turn to the IMF and the EU for stand-by credit. Based on her own inside experience as a top central banker, the author offers a personal yet professional analysis of the causes and consequences of the financial hurricane.
Central and Eastern Europe in the EU
Author: Christian Schweiger
Publisher: Routledge
ISBN: 135186369X
Category : Business & Economics
Languages : en
Pages : 253
Book Description
Since the onset of the global financial crisis in 2008, the EU has been in almost permanent crisis mode. It is witnessing new dimensions of internal differentiation among its member states, and the migration crisis has shown that the Central and Eastern European countries (CEEs) in particular are slowly but certainly transforming themselves from predominantly passive policy-takers towards becoming more active players in the process of shaping the EU’s governance agenda. This edited volume offers the first comprehensive and critical insight into how the CEEs position themselves in the EU’s changing internal and external environment, their stance towards the European integration process under current crisis conditions, and what political and economic strategies they prioritize.
Publisher: Routledge
ISBN: 135186369X
Category : Business & Economics
Languages : en
Pages : 253
Book Description
Since the onset of the global financial crisis in 2008, the EU has been in almost permanent crisis mode. It is witnessing new dimensions of internal differentiation among its member states, and the migration crisis has shown that the Central and Eastern European countries (CEEs) in particular are slowly but certainly transforming themselves from predominantly passive policy-takers towards becoming more active players in the process of shaping the EU’s governance agenda. This edited volume offers the first comprehensive and critical insight into how the CEEs position themselves in the EU’s changing internal and external environment, their stance towards the European integration process under current crisis conditions, and what political and economic strategies they prioritize.
The Political Economy of Financial Regulation
Author: Emilios Avgouleas
Publisher: Cambridge University Press
ISBN: 110847036X
Category : Business & Economics
Languages : en
Pages : 531
Book Description
Examines the law and policy of financial regulation using a combination of conceptual analysis and strong empirical research.
Publisher: Cambridge University Press
ISBN: 110847036X
Category : Business & Economics
Languages : en
Pages : 531
Book Description
Examines the law and policy of financial regulation using a combination of conceptual analysis and strong empirical research.