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Explaining Financial Crises A Cyclical Approach
This book develops a new theoretical approach to the explanation of systemic financial crises in industrial and emerging market countries. In contrast to standard models, the present cyclical approach is consistent with the following three stylized facts. Firstly, systemic financial crises are a recurrent phenomenon generally accompanied by excessive boom-bust cycles. Secondly, the frequency of…
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- ISBN/ISSN
- 9783631754375
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Economic Cycles, Crises, and the Global Periphery
This thought-provoking monograph analyzes long- medium- and short-term global cycles of prosperity, recession, and depression, plotting them against centuries of important world events. Major research on economic and political cycles is integrated to clarify evolving relationships between the global center and its periphery as well as current worldwide economic upheavals and potential future de…
- Edition
- 1
- ISBN/ISSN
- 978-3-319-41260-3
- Collation
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- Call Number
- XVIII, 265
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