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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.
This study investigates the recurring patterns and structural evolution of financial crises within the framework of capitalist accumulation. Brenda Spotton Visano, an expert in economic theory, utilizes a multidisciplinary approach to evaluate how economic, psychological, and social factors contribute to the persistence of financial instability. By analyzing historical episodes, the author argues that while crises share fundamental similarities, their specific manifestations are dictated by shifting institutional and economic structures.
What You Will Find
Experts recognize this work as a rigorous examination of the institutional context surrounding financial instability. Readers frequently note the academic density of the prose, which serves as a foundational text for those studying the intersection of social theory and macroeconomics.
Page Count:
0
Publication Date:
2006-01-01
Publisher:
Taylor & Francis DUMP LIST
ISBN-10:
0203013093
ISBN-13:
9780203013090
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