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Financialization and the Economy (Paperback)
Loot Price: R1,288
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Financialization and the Economy (Paperback)
Series: Routledge Critical Studies in Finance and Stability
Expected to ship within 12 - 17 working days
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There can be no doubt that the influence of the financial sphere
has intensified rapidly in recent years, but there is much debate
about the effect of that influence. The aftermath of the Financial
Crisis has led to numerous discussions of the phenomenon of
so-called financialization: the increasing impact of financial
institutions on the activity of all business entities; emerging
threats related with dynamically developing financial markets and
the growing importance of financial themes. In light of these
issues, which appear in all economies and touch all entities and
every area of economic activity, there is a need for a summary and
evaluation of the role of financialization in the world today. This
monograph presents the role of financialization in the modern
world. It shows positive as well as negative effects of
financialization on the stability of the whole economy, the
functioning of different types of markets, activity of enterprises,
state institutions and behaviours of households. Written by expert
contributors, this book plays an important role in the debate
concerning future directions of development of the financial sector
and financial markets. Financialization and the Economy is of great
importance to those who study political economy, macroeconomics and
banking.
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