The Systemic Global Crisis: A Long Cycles Approach with a Political - Economic Perspective
Journal: Studies of Applied Economics
Year: 2019

International financial crisis reflects a systemic global crisis. The revolution of ICT have given infrastructural basis to global markets, especially the financial market, which was backed up by institutional deregulation. However it has been generated a global system with the hegemony of the car-petroleum tandem and with liquidity generated by the free mobility of capitals without institutions which regulate it. Worldwide order established in the postwar period is not at all functional to the