Economic Development and Financial Instability

Released on by Jan A. Kregel
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  • Economic Development and Financial Instability Book Detail

  • Author : Jan A. Kregel
  • Release Date : 2014-10-15
  • Publisher : Anthem Press
  • Genre : Business & Economics
  • Pages : 376
  • ISBN 13 : 1783083824
  • File Size : 56,56 MB
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Economic Development and Financial Instability by Jan A. Kregel PDF Summary

Book Description: Jan A. Kregel is considered to be “the best all-round general economist alive” (G. C. Harcourt). This is the first collection of his essays dealing with a wide range of topics reflecting the incredible depth and breadth of Kregel’s work. These essays focus on the role of finance in development and growth. Kregel has expanded Minsky’s original postulate that in capitalist economies stability engenders instability in international economy, and this volume collect’s Kregel’s key works devoted to financial instability, its causes and effects. The volume also contains Kregel’s most recent discussions of the Great Recession beginning in 2008.

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The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial de