The financial crises of globalization
In the twentieth century there was a debate between Keynesian and the market neoliberal economy school and the Keyneysian model prevail until the arrival of contemporary globalization,that adopted the neoliberal paradigm. Instead of a productive globalization a financial globalization was first deve...
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| Format: | Article |
| Language: | Spanish |
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Universidad Sergio Arboleda
2014-06-01
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| Series: | Civilizar |
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| Online Access: | http://revistas.usergioarboleda.edu.co/index.php/ccsh/article/view/144/134 |
| Summary: | In the twentieth century there was a debate between Keynesian and the market neoliberal economy school and the Keyneysian model prevail until the arrival of contemporary globalization,that adopted the neoliberal paradigm. Instead of a productive globalization a financial globalization was first developed which has led to recurring crises since 1929; the last one erupted in 2008 and it is still having a negative impact on the economic environment of the planet. The result has been to produce a very slow market self-regulation of the neoliberal model by introducing again monitoring and follow-up mechanisms by States and international organisms for predicting the occurrence of such serious crises for world economy |
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| ISSN: | 1657-8953 1657-8953 |