About
the Author
Jan A. Kregel is a senior scholar at the Levy
Economics Institute of Bard College, director
of its Monetary Policy and Financial Structure
program, and Professor of Development Finance
at Tallinn University of Technology, Estonia.
Readership: This
volume will be of interest to academics, graduate
students and policy makers interested in post-Keynesian
and heterodox economic perspectives.
Table of Contents
Foreword by G. C. Harcourt; Publication History;
I. Theoretical Discussions;
- Financial Markets and Economic Development:
Myths and Institutional Reality;
- External Financing for Development and International
Financial Instability;
- Capital Flows: Globalization of Production
and Financing Development;
- Some Risks and Implications of Financial
Globalization for National Policy Autonomy;
- Two Views on the Obstacles to Development;
- Can We Create a Stable International Financial
Environment that Ensures Net Resource Transfers
to Developing Countries?;
- Natural Instability of Financial Markets;
- Trying to Serve Two Masters: The Dilemma
of Financial Regulation; II. Finance for Development;
- East Asia Is Not Mexico: The Difference
Between Balance of Payments Crises and Debt
Deflations;
- "Yes ‘IT' Happened Again":
The Minsky Crisis in Asia;
- Financial Liberalization and Domestic Policy
Space: Theory and Practice with Reference
to Latin America;
- Derivatives and Global Capital Flows: Applications
to Asia;
- Was There an Alternative to Brazilian Crisis?;
- An Alternative View of the Argentine Crisis:
Structural Flaws in Structural Adjustment
Policy;
- The Discrete Charm of the Washington Consensus;
III. The Crisis in the US and the EU;
- Alternative Economic Analyses of German
Monetary and Economic Unification: Monetarist
and Post Keynesian;
- Currency Stabilisation through Full Employment:
Can EMU Combine Price Stability with Employment
and Income Growth?;
- Minsky's "Cushions of Safety,"
Systemic Risk and the Crisis, in the Subprime
Mortgage Market;
- Why Don't the Bailouts Work? Design
of a New Financial System versus a Return
to Normalcy;
- Is This the Minsky Moment for Reform of
Financial Regulation?;
- Debtors' Crisis or Creditors'
Crisis? Who Pays for the European Sovereign
and Subprime Mortgage Losses?;
- Six Lessons from the Euro Crisis;
- Minsky and the Narrow Banking Proposal:
No Solution for Financial Reform; Index
October 24, 2014. |