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Financial Systems and Economic Crises - The Main Determinants of Financial Instability (Paperback, New edition) Loot Price: R1,520
Discovery Miles 15 200
Financial Systems and Economic Crises - The Main Determinants of Financial Instability (Paperback, New edition): Camelia...

Financial Systems and Economic Crises - The Main Determinants of Financial Instability (Paperback, New edition)

Camelia Oprean-Stan, Sebastian-Ilie Dragoe

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Loot Price R1,520 Discovery Miles 15 200 | Repayment Terms: R142 pm x 12*

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This book examines the main causes of financial instability and highlights that, with the exception of wars and pandemics, the financial system is the source of the crisis, not just a means of spreading it, as most mainstream experts believe. Based on the following findings, the innovative sections of this book provide academics and policymakers with important and practical knowledge: because negative shifts in the financial system precede recessions, financial indicators can predict the onset of a crisis much earlier than real variables; the proposed recession forecasting model can predict the emergence of the crisis a month in advance. When the economy's sensitivity to the financial system is reduced, there will be only modest negative economic growth and no true recessions.

General

Imprint: Peter Lang Ag
Country of origin: Switzerland
Release date: July 2022
First published: 2022
Authors: Camelia Oprean-Stan • Sebastian-Ilie Dragoe
Dimensions: 210 x 148mm (L x W)
Format: Paperback
Pages: 256
Edition: New edition
ISBN-13: 978-3-631-87694-7
Categories: Books > Business & Economics > Economics > Economic forecasting
Books > Business & Economics > Economics > Financial crises & disasters
Books > Business & Economics > Economics > Economic systems > General
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LSN: 3-631-87694-7
Barcode: 9783631876947

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