Macroeconomics of finance-dominated capitalism and its crisis (Record no. 171832)

MARC details
000 -LEADER
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005 - DATE AND TIME OF LATEST TRANSACTION
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008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION
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020 ## - INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781781005545
082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER
Classification number 339 HEI
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name "Hein, Eckhard"
245 #0 - TITLE STATEMENT
Title Macroeconomics of finance-dominated capitalism and its crisis
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Place of publication, distribution, etc. Cheltenham
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Name of publisher, distributor, etc. Edward elgar
260 ## - PUBLICATION, DISTRIBUTION, ETC.
Date of publication, distribution, etc. 2012
300 ## - PHYSICAL DESCRIPTION
Extent 216p.
365 ## - TRADE PRICE
Unit of pricing PND
520 ## - SUMMARY, ETC.
Summary, etc. In this timely and thought-provoking book, Eckhard Hein illustrates that the Great Recession, which hit the world economy in 2008/09, is rooted in the contradictions of finance-dominated capitalism. The author provides an in-depth exploration of the macroeconomics of finance-dominated capitalism, its problems and its crisis, and presents economic policy lessons and alternatives. In particular, he shows that since the early 1980s, finance-dominated capitalism has affected long-run economic developments via three distinct channels:<br/>- the re-distribution of income at the expense of low labor incomes,<br/>- the dampening of investment in real capital stock,<br/>- and an increasing potential for wealth-based and debt-financed consumption.<br/><br/>The author concludes that against the background of these basic macroeconomic tendencies, increasing instability potentials at the national economy levels and rising current account imbalances at both global and European levels have developed and have contributed to the severity of the Great Recession.<br/><br/>This systematic study of finance-dominated capitalism presented from a macroeconomic perspective will prove a thought-provoking read for academics, researchers, graduate students and economic policy consultants with an interest in macroeconomics, financial economics, economic policies, and distribution and growth.
650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM
Topical term or geographic name entry element Macroeconomics
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Koha item type Books
Source of classification or shelving scheme Dewey Decimal Classification
Holdings
Withdrawn status Lost status Damaged status Not for loan Home library Current library Shelving location Date acquired Total checkouts Full call number Barcode Date last seen Price effective from Koha item type
  Not Missing Not Damaged   Gandhi Smriti Library Gandhi Smriti Library   2020-02-08   339 HEI 153154 2020-02-08 2020-02-08 Books

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