Anastasia Nesvetailova (MA Manchester, PhD Aberystwyth) joined City in September having previously worked at the universities of. Anastasia Nesvetailova: current contact information and listing of economic research of this author provided by RePEc/IDEAS. About Anastasia Nesvetailova from the University of Chicago Press website.
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Sabotage in the Financial System: Applied Economics and Radical Political Economics. Liquidity Illusions in the Global Financial Architecture more.
For general information on how to correct material on RePEc, see these instructions. The collapse of the financial systems in many developing nations, the bankruptcies in the Anglo-Saxon corporate sectors and a threat of more sovereign defaults on behalf of emerging markets suggest that the current wave of global financial fragility and recession rivals that of the Great Depression of the s.
Thematically, the article contributes and aims to advance current debates on the political economy of global finance and international financial crisis, drawing in on the academic legacy of Hyman Minsky and his contemporary followers.
The End of a Great Illusion: They may include important documentation which is not necessarily published elsewhere. The Crisis of Invented Money: Systemic Illiquidity in the Financial Crises of the Late s more. These are citations from works listed in RePEc that could be analyzed mechanically.
About the Author
If the author is listed in the directory of specialists for this field, a link is also provided. Shadow Banking and Offshore Finance more.
More specifically, it concerns the problem of liquidity and its metamorphoses in the modern financial system. Orthodox analyses tend to trace the causes of the non-monetary economy to the inconsistency of political reforms, to the legacy of the past, and to endemic nesvettailova.
Developing a theoretical framework for understanding this phenomenon, the author argues that it was the illusion of liquidity that helped conceal not only the true magnitude of risks in the system, but most controversially, the mounting signs of the coming meltdown.
Personal Details First Name: Stiteler B21 Web page: For more information on this, see www. Wages of Sin Proofs 1 more.
Anastasia Nesvetailova – The Conversation
These factors suggests that the risk of a global depression is by no means hypothetical, and unless effective and collaborative efforts are made to tame the inherently unstable regime of global finance, even major world economies are faced with a prolonged perio However, the notion of Ponzi finance captures only one of Methodologically, it advances Minskyan financial instability hypothesis to the analysis of the increased fragility in global financial capitalism and specifically, of the financial crises of the late s-early s.
Help us Corrections Found an error or omission? The article provides a comparative critique of the financial underpinnings of the Great Depression of the s and the recent wave of financial crises. Skip to main content.
Credit Crunch and Liquidity Meltdown more. Macroeconomy, Financial Crises, Monetary Policy. However, the notion anashasia Ponzi finance captures only one of the many disturbing elements in the complex set of causes of the crisis.
Research Handbook on International Financial Regulation. Review of International Political Economy. A Crisis nesvdtailova the Overcrowded Future: Engaging with the emergent theories of the credit crunch, this paper argues that the main controversy of the global credit crunch centers on the role of financial innovation in the economic system.
Lessons from Veblen more. Cornell University Press,pp. Engaging with emergent theories of shadow banking, I inquire into its structural role in contemporary capitalism.
Measuring connectedness from a global perspective ,” Energy EconomicsElsevier, vol. The nesvetailovx aim of the GEM seminar series is to provide an international forum for the discussion and dissemination of research and policy-relevant information on global economy issues. Orthodox analyses tend to trace the causes of the non-monetary economy to the