Crisis: lecciones aprendidas... o no

Las crisis son una dura oportunidad para aprender de los errores. El objetivo de este texto es apuntar qué lecciones cabe extraer de los acontecimientos recientes, del camino que nos condujo a ellos, de la gestión de las dificultades y de la digestión de su ...

Cuando nada vale nada

las causas de la crisis y una propuesta de salida radical

El sueño de la «eficacia de los mercados» se ha convertido en una pesadilla. Desde que el mundo fue secuestrado por los fundamentalistas del neoliberalismo, hemos vivido sojuzgados por la idea de que la codicia es buena y el altruismo, una necedad. Hemos confundido el ...

Sus crisis, nuestras soluciones

¿Crisis? ¿Habéis dicho crisis? Pues aquí tenéis: el trabajo es sólo elegir. Derrumbe de la economía de casino y de las finanzas mundiales, pobreza y desigualdad creciente desde hace treinta años, lucha cotidiana de millones de personas para acceder al agua y a la alimentación ...

Credit risk measurement in and out of the financial crisis

new approaches to value at risk and other paradigms

This classic book on credit risk management is updated to reflect the current economic crisis. "Credit Risk Management In and Out of the Financial Crisis" dissects the 2007-2008 credit crisis and provides solutions for professionals looking to better manage risk through modeling and new technology ...

The great reset

how new ways of living and working drive post-crash prosperity

In this optimistic but too-broad look at the present economic crisis and the opportunities it presents, social and business commentator Florida (The Rise of the Creative Class) examines the latest of the "Great Resets," moments of transformative upheaval (like the Great Depression) "when new technologies ...

No son sólo algunas manzanas podridas

sobre las causas últimas de la crisis financiera de EE.UU.

Ni los mercados ni las entidades, públicas o privadas, toman decisiones. Decir que "el mercado, que la Reserva Federal o que Goldman Sachs ha decidido..." es una abstracción. Deciden, siempre, personas. Son, siempre, personas con gran poder y esas decisiones suponen consecuencias de enorme importancia ...

Risk and liquidity

This book presents the Clarendon Lectures in Finance by one of the leading exponents of financial booms and crises. Hyun Song Shin's work has shed light on the recent global financial crisis and he has been a central figure in the policy debates. The ...

Boom bust

del auge a la depresión. El precio de la vivienda, el sistema bancario y la depresión de 2010

Fred Harrison en su libro demuestra que es posible anticipar los auges y los colapsos económicos. Este libro fue el primero que advirtió que la economía global iba a caer en una depresión. En particular, él advirtió a Gordon Brown en 1997 que el ciclo ...

La Gran Recesión

perspectivas globales y regionales

Eds. Gonzalo Caballero Miguez, Mª Dolores Garca Gil. La economía mundial vive tiempos de cambio. La crisis de las hipotecas subprime de verano del 2007 en estado Unidos acabó conduciendo a una crsis económica y financiera internacional en 2008 y 2009 como no se recordaba ...

Fault lines

how hidden fractures still threaten the world economy

Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the ...

Crisis

cause, containment and cure

Crisis: Cause, Containment and Cure explains how the global financial crisis of 2007 to 2009 came about, how it is being contained and what steps should be taken to prevent such a crisis from happening again. Written by the Director of the Banking Sector at ...

ECONned

how unenlightened self interest undermined democracy and corrupted capitalism

Why are we in such a financial mess today? There are lots of proximate causes: over-leverage, global imbalances, bad financial technology that lead to widespread underestimation of risk. But these are all symptoms. Until we isolate and tackle fundamental causes, we will fail to extirpate ...

Info-GAP economics

an operational introduction

After every crisis economists and policy analysts ask: can better models help prevent or ameliorate such situations? This book provides an answer. Yes, quantitative models can help if we remember that they are rough approximations to a vastly more complex reality. Models can help if ...

Dark pools

the structure and future of off-exchange trading and liquidity

Dark Pools is a practical text dealing with the increasingly important topic of dark pools, or non-displayed, off-exchange trading and liquidity. A growing amount of institutional trading occurs away from exchanges and expansion in this little understood sector of the market is set to continue ...

Macroeconomics, finance and money

essays in honour of Philip Arestis

Eds. Giuseppe Fontana, John McCombie, Malcolm Sawyer. An internationally respected team of contributors have been brought together to analyse core issues in Macroeconomics, Finance and Money which have arisen in the aftermath of the financial crisis. This volume presents a collection of outstanding papers that ...

Governing risk

the IMF and global financial crises

With the effects of the latest financial crisis still unfolding, this engaging book provides a timely analysis of the politics of international financial reform. By comparing the policies the international community requested the IMF to follow in the aftermath of the Mexican, Asian and subprime ...

Desigualdades

mujeres y hombres en la crisis financiera

Prol. José Luis Sampedro. A medida que ha ido avanzando la crisis financiera se ha extendido la idea de que las mujeres la han resistido mejor que los hombres porque se han perdido más empleos masculinos que femeninos. Este libro demuestra que ésta es una ...

The post "Great Recession" US economy

implications for financial markets and the economy

Following the success of the first edition, the second edition builds systematically an appropriate framework to explain and analyze the economics of depression or the asset and debt deflation process that has been relevant in the last three cycles. It shows that the internet, housing ...

Financial instability

toolkit for interpreting boom and bust cycles

Why have financial crises been increasingly frequent and severe in the last thirty years? How can financial crises be prevented? What role do governments and international institutions play in their prevention? How does the latest crisis fit in the long-term political economy cycle of finance ...

Crónicas de un país que se creía rico

Tras las andanzas tragicómicas del país que se creía rico, se esconden las reflexiones de un autor que desentraña la realidad de la crisis, su carácter natural, el grave riesgo de decadencia y la fórmula para superarla con éxito. Las recetas económicas para salir a ...