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Institutions and Development After the Financial Crisis (Hardcover)
Loot Price: R2,811
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Institutions and Development After the Financial Crisis (Hardcover)
Series: Routledge Frontiers of Political Economy
Expected to ship within 12 - 17 working days
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The financial crash of 2007-2008 and the subsequent global economic
crisis have raised questions about the viability of capitalism and
the desirability of alternative types of economic system. In this
context, Keynesian and Marxist ideas in particular have become more
popular. These two approaches, along with some other heterodox
perspectives, agree on the need for institutional analysis and for
better institutions and governance in order to promote economic
development. This volume poses fundamental institutional,
evolutionary and ontological questions relating to the emergence of
a new mode of governance after the financial crisis. The book
argues that, contrary to the recent austerity policies implemented
in the EU in particular, a new level of government involvement is
required in order to keep aggregate demand stable, make full
employment possible, and create a transparent financial sector,
serving the real economy and encouraging productive investments.
This book will be of interest to students, researchers and policy
makers working in the areas of finance, institutional economics,
development economics and international political economy.
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