The Global Crisis of 2008 and Keynes's General Theory (Springerbriefs in Economics) (Paperback)

The Global Crisis of 2008 and Keynes's General Theory (Springerbriefs in Economics) Cover Image
$94.49
Usually Ships in 1-5 Days

Description


This book describes the international context and some of the factors that have weakened the influence of Keynesian economic thought. It illustrates economic responses offered by the new Keynesian school and the alternative perspective on the global crisis presented by the monetary circuit theory, with a special emphasis on Minsky's financial instability hypothesis. The authors present a commentary on Keynes's General Theory with an emphasis on his theory of the scarcity of capital, his analysis of the change in the structure of costs, and straightforward recommendation for a policy marked by very low interest, which he felt was needed to maintain full employment. Additionally, the book discusses major changes in the cost structure of globally active companies, resulting from the extremely intense international capital flows over the last three decades. The authors point out the need to redefine the open economy macroeconomics model, switching it from a world consisting of two major developed open economies to one consisting of two major open economies, one of which is developed and the other is developing.

About the Author


Fikret Čausevic was born in Bihac, Bosnia and Herzegovina, in 1963. He is Professor of Economics and International Finance at the School of Economics and Business, University of Sarajevo. In 2002, 2006, 2007 and 2010 he was a Visiting Fellow under the South East Europe Faculty Development Programme at the London School of Economics and Political Science. In the 2011/2012 academic year Fikret was the SEESOX Alpha Bank Visiting Fellow at St Antony's College, University of Oxford. Over the last decade he has written extensively about economic transition in the World, South-East Europe, the Western Balkans, and Bosnia and Herzegovina. Some of his monographs and books published in English were: Financial Liberalization and Globalization - Impact and Effects in South-East European Countries, Money Market Development in Bosnia and Herzegovina, and Foreign Trade Policy and Trade Balance of Bosnia and Herzegovina. His book Economic Sovereignty and Global Capital Flows was published by the International Forum Bosnia (2006), and Hyderabad University Press, India (2008). Fikret's article "What type of fiscal policy for the Western Balkans during the crisis" was published by the Southeast European and Black Sea Studies (2012), and his textbook (in Bosnian language) The Principles of Economics (Volume I - Principles of Microeconomics; Volume II - Principles of Macroeconomics) was published by the School of Economics and Business, University of Sarajevo in July 2012. In 2013, the International Forum Bosnia published Fikret's collection of papers Bosnian Economic Puzzle - Economic Transition in Bosnia and Herzegovina from 1996 to 2013.


Product Details
ISBN: 9783319114507
ISBN-10: 3319114506
Publisher: Springer
Publication Date: September 29th, 2014
Pages: 99
Language: English
Series: Springerbriefs in Economics

Audiobooks available!

Digital Audio Books

Get a Gift Card

Gift Cards

CopperBox Book Subscription

CopperBox

Nine Stores in Sonoma, Napa and Marin Counties

Petaluma Store

140 Kentucky Street
707-762-0563
click for hours & info



Petaluma 
Underground

140 Kentucky Street
707-782-0228
click for hours & info



Sebastopol Store

138 N.Main Street
707-823-2618
click for hours & info



Santa Rosa Store

(Montgomery Village)
775 Village Court
707-293-2109
707-578-8938
click for hours & info



Healdsburg Store

104 Matheson Street
707-433-9270
click for hours & info



Napa Store

1300 First Street, Suite 398
707-252-8002

click for hours & info



Calistoga Store

1330 Lincoln Avenue
707-942-1616
click for hours & info



San Rafael Store

1200 4th Street
415-524-2800

click for hours & info



Novato Store

999 Grant Avenue
Suite 105
(415) 763-3052
click for hours & info



Larkspur Store
2419 Larkspur Landing Circle
(415) 870-9843
click for hours & info

Headquarters (Offices)

139 Edman Way 
Sebastopol
707-823-8991
click for hours & info