Amidst the tsunami of books coming out in the wake of the recent financial crisis, Krippner's work stands out for its unusual approach. Rather than addressing the venality and incompetence of those with responsibility for regulating the economy, Krippner tells the history of the growth of financialization from the perspective of the regulators...In her account, the regulators were searching for ad hoc responses to what were deeper, perhaps even intractable problems. The high point of the book is her magnificent analysis of the erosion of Regulation Q, in which regulators cracked open the door to financial deregulation, unleashing the massive deregulation that came later. -- M. Perelman Choice 20110901From the Publisher:
In the context of the recent financial crisis, the extent to which the U.S. economy has become dependent on financial activities has been made abundantly clear. In "Capitalizing on Crisis", Greta Krippner traces the longer-term historical evolution that made the rise of finance possible, arguing that this development rested on a broader transformation of the U.S. economy than is suggested by the current preoccupation with financial speculation. Krippner argues that state policies that created conditions conducive to financialization allowed the state to avoid a series of economic, social, and political dilemmas that confronted policymakers as postwar prosperity stalled beginning in the late 1960s and 1970s. In this regard, the financialization of the economy was not a deliberate outcome sought by policymakers, but rather an inadvertent result of the state's attempts to solve other problems. The book focuses on deregulation of financial markets during the 1970s and 1980s, encouragement of foreign capital into the U.S. economy in the context of large fiscal imbalances in the early 1980s, and changes in monetary policy following the shift to high interest rates in 1979. Exhaustively researched, the book brings extensive new empirical evidence to bear on debates regarding recent developments in financial markets and the broader turn to the market that has characterized U.S. society over the last several decades.
"Sobre este título" puede pertenecer a otra edición de este libro.
Descripción Harvard Univ Press. Estado de conservación: BRAND NEW. BRAND NEW Hardcover A Brand New Quality Book from a Full-Time Bookshop in business since 1992!. Nº de ref. de la librería 2091168
Descripción Estado de conservación: New. Nº de ref. de la librería 8847141-n
Descripción Harvard University Press. Estado de conservación: New. Brand New. Nº de ref. de la librería 0674050843
Descripción Harvard University Press, 2011. Estado de conservación: New. Brand New, Unread Copy in Perfect Condition. A+ Customer Service! Summary: With Capitalizing on Crisis , we finally have a persuasive account of the roots of the 2007-2008 financial disaster. While most studies focus on the proximate causes, Krippner makes sense of the dramatic expansion over decades of the financial sector of the U.S. economy. She explains brilliantly how and why government officials encouraged financialization as a way to solve the most vexing problems of our political economy. Nº de ref. de la librería ABE_book_new_0674050843
Descripción Harvard University Press, 2011. Hardcover. Estado de conservación: New. book. Nº de ref. de la librería 0674050843
Descripción Harvard Univ Pr, 2011. Hardcover. Estado de conservación: Brand New. 234 pages. 9.30x6.20x1.00 inches. In Stock. Nº de ref. de la librería zk0674050843
Descripción Harvard Univ Pr, 2011. Hardcover. Estado de conservación: New. 15.24 x 22.86 cm. Our orders are sent from our warehouse locally or directly from our international distributors to allow us to offer you the best possible price and delivery time. Book. Nº de ref. de la librería MM-20443988
Descripción Estado de conservación: Brand New. Book Condition: Brand New. Nº de ref. de la librería 97806740508461.0
Descripción Harvard University Press, 2011. Hardcover. Estado de conservación: New. Nº de ref. de la librería P110674050843