Financial crises
Subtitle: socio-economic causes and institutional context
By: Brenda Spotton Visano.
Publisher: Routledge
Published: 2006
Place of publication: New York, N.Y
Language: eng
Number of pages: 144
Subjects: Financial crises; Finance
Description: "This study explores the major patterns of change in the evolution of financial crises as enduring phenomena, and analyses the paradoxical position that crises are at once similar to and different from each other. Brenda Spotton Visano examines economic, psychological and social elements intrinsic to the process of capitalist accumulation and innovation to explain the enduring similarities of crises across historical episodes. She also assesses the impact that changing financial and economic structures have on determining the specific nature of crises and the differential effect these have in focal point, manner and extent of transmission to other, otherwise unrelated, parts of the economy."--Jacket.
Notes: Includes bibliographical references and index.
Table of contents: title: An introduction to the evolution of financial fragility; title: Illustrations of manias, panics, and crises; title: Capitalism : a culture of accumulation as the context for innovation; title: The impact of uncertainty on (in)forming behaviour; title: Conventional approaches : speculation as a fool's paradise; title: Justifications and means : the institutional organization of speculation; title: The other side of the coin : the influence of credit creation and banks on speculation; title: Recoil in crisis : from peak to panic; title: Societies in transition : time-space comparisons of financial instability; title: The bottom line : towards institutional indicators of financial fragility; title: Evolving financial crises: reflections and projections.