It's financialization
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| Wall Street’s 2007–09 implosion and the ensuing global recession highlight the crucial relationship between finance and the economy. Governments, international agencies and experts had failed to detect rising risk levels in the deregulated financial sector. The author outlines the resulting huge cost in lost jobs and likelyreductions in public goods and growth, as economies restabilize budgets after paying for massive bailouts and stimulus packages. Specifically, he assesses the role of monetary incentives for rent-seeking in the decisions that led to the crisis. Finally, he makesthe case for radical reform of the institutions linking finance and the real economy. |
| No. Panggil : | ILR 149 (2) 2010 |
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| ISSN : | 00207780 |
| Majalah/Jurnal : | International Labour Review 149 (2) June 2010 p. 163-184 |
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| Institusi Pemilik : | Perpustakaan Universitas Indonesia |
| Lokasi : | Perpustakaan UI, Lantai 4 (R. koleksi jurnal) |
| No. Panggil | No. Barkod | Ketersediaan |
|---|---|---|
| ILR 149 (2) 2010 | TERSEDIA |
| Ulasan: |
| Tidak ada ulasan pada koleksi ini: 20427904 |
