Name: Modern Financial Crises
ISBN: 978-3-319-20991-3

Authors:

Beniamino Moro ⁰,
Victor A. Beker ¹

Beniamino Moro
1. Department of Economics and Business, University of Cagliari, Cagliari, Italy
View author publications

You can also search for this author in PubMed Google Scholar
Victor A. Beker
1. Department of Economics, University of Belgrano and University of Buenos Aires, Buenos Aires, Argentina
View author publications

You can also search for this author in PubMed Google Scholar

Provides a comprehensive overview of the causes and consequences of the financial crises in Argentina, the USA and Europe
Illustrates the relationship between the American and European financial crises
Identifies essential approaches for preventing further financial crises
Includes supplementary material: sn.pub/extras

Part of the book series: Financial and Monetary Policy Studies (FMPS, volume 42)

27k Accesses
32 Citations
4 Altmetric

Buy it now

eBook USD 39.99

Price excludes VAT (USA)

Hardcover Book USD 54.99

Price excludes VAT (USA)

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Learn about institutional subscriptions

This is a preview of subscription content, log in via an institution to check for access.

Table of contents (12 chapters)

Front Matter

Pages i-xvii

PDF
Introduction
1. Front Matter
  
  Pages 1-1
  
  PDF
2. The Core Characteristics of Financial Crises
  
  Beniamino Moro
  
  Pages 3-27
The Case of Argentina
1. Front Matter
  
  Pages 29-29
  
  PDF
2. Argentina’s Debt Crisis
  
  Victor A. Beker
  
  Pages 31-42
The American 2007–2009 Subprime Crisis
1. Front Matter
  
  Pages 43-43
  
  PDF
2. The American Financial Crisis
  
  Victor A. Beker
  
  Pages 45-59
3. The Run on Repo and the Policy Interventions to Struggle the Great Crisis
  
  Beniamino Moro
  
  Pages 61-77
The European Public Debt Crisis
1. Front Matter
  
  Pages 79-79
  
  PDF
2. From the American Financial Meltdown to the European Banking and Public Debt Crises
  
  Beniamino Moro
  
  Pages 81-105
3. The European Crisis and the Accumulation of TARGET2 Imbalances
  
  Beniamino Moro
  
  Pages 107-133
4. The European Debt Crisis
  
  Victor A. Beker
  
  Pages 135-160
The Impact of the Great Crisis on Economic Thought
1. Front Matter
  
  Pages 161-161
  
  PDF
2. The Theoretical Debate on the Great Crisis
  
  Beniamino Moro
  
  Pages 163-182
3. From the Economic Crisis to the Crisis of Economics
  
  Victor A. Beker
  
  Pages 183-199
4. Rethinking Macroeconomics in Light of the Great Crisis
  
  Victor A. Beker
  
  Pages 201-219
Current Issues and Conclusions
1. Front Matter
  
  Pages 221-221
  
  PDF
2. Current Issues and Policies
  
  Victor A. Beker, Beniamino Moro
  
  Pages 223-245
3. Open Problems and Conclusions
  
  Victor A. Beker
  
  Pages 247-257

About this book

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.

Keywords

Authors and Affiliations

Department of Economics and Business, University of Cagliari, Cagliari, Italy

Beniamino Moro
Department of Economics, University of Belgrano and University of Buenos Aires, Buenos Aires, Argentina

Victor A. Beker

Bibliographic Information

Book Title: Modern Financial Crises
Book Subtitle: Argentina, United States and Europe
Authors: Beniamino Moro, Victor A. Beker
Series Title: Financial and Monetary Policy Studies
DOI: https://doi.org/10.1007/978-3-319-20991-3
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer International Publishing Switzerland 2016
Hardcover ISBN: 978-3-319-20990-6Published: 30 July 2015
Softcover ISBN: 978-3-319-37307-2Published: 15 October 2016
eBook ISBN: 978-3-319-20991-3Published: 21 July 2015
Series ISSN: 0921-8580
Series E-ISSN: 2197-1889
Edition Number: 1
Number of Pages: XVII, 257
Number of Illustrations: 26 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics, Economic Policy, International Economics, Finance, general

Publish with us

Policies and ethics

Authors:

Sections

Buy it now

Buying options

Other ways to access

Table of contents (12 chapters)

Front Matter

Introduction

Front Matter

The Case of Argentina

Front Matter

The American 2007–2009 Subprime Crisis

Front Matter

The European Public Debt Crisis

Front Matter

The Impact of the Great Crisis on Economic Thought

Front Matter

Current Issues and Conclusions

Front Matter

About this book

Keywords

Authors and Affiliations

Department of Economics and Business, University of Cagliari, Cagliari, Italy

Department of Economics, University of Belgrano and University of Buenos Aires, Buenos Aires, Argentina

Bibliographic Information

Publish with us

Buy it now

Buying options

Other ways to access

Search

Navigation