Titlebook: An Assessment of the Global Impact of the Financial Crisis; Philip Arestis (Professor of Economics, Distinguis Book 2011 Palgrave Macmilla

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https://doi.org/10.1007/978-3-86226-368-4he focus is on the emphasis given to financial liberalisation in the US, where great strides were seen in the development and extension of new forms of securitisation and use of derivatives — a practice which led to the growth of collateralised debt instruments, especially in the form of collaterali

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https://doi.org/10.1007/978-3-86226-368-4 global and North-South perspective. The analytical issues include the reasons for the better than expected performance of the world economy following the early period of acute crisis, the role of global financial imbalances, and whether or not economic theory has been helpful in explaining the caus

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Die Mediatisierung kommunikativen Handelnsactivities, resulting in deflation, falls in the prices of shares and commodities, a shrinkage in the level of production and services, the failures of large firms in manufacturing and services, sharp rises in unemployment, and the collapse of people’s confidence. The financial crisis spread quickly

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