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A systemic crisis in the context of globalization: the Great Recession in the perspective of economic history, 1970-2008

Author

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  • Carles Manera

    (Universitat de les Illes Balears)

Abstract

The author argues in this work, the result of three years of research, that the Great Recession has the profile of a systemic crisis, in the sense that it is not only a single financial causes the trigger and at the same time, the crisis has questioned all the mechanisms of the system seemed to guarantee the impossibility of such severe as the crisis phenomenon since 2008. There are other factors to consider: crisis of accumulation, economic regulation and reduction of benefits, which point in this investigation and that, in turn, are the starting points for further work on the research agenda.

Suggested Citation

  • Carles Manera, 2016. "A systemic crisis in the context of globalization: the Great Recession in the perspective of economic history, 1970-2008," DEA Working Papers 77, Universitat de les Illes Balears, Departament d'Economía Aplicada.
    • Handle: RePEc:ubi:deawps:77
    as

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    File URL: http://www.uib.es/depart/deaweb/deawp/pdf/w77.pdf
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Great Recession; economic crises; globalization; American economy; Asian economy; European economy; economic history since 1945;
    All these keywords.

    JEL classification:

    • N1 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations
    • N2 - Economic History - - Financial Markets and Institutions
    • B2 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance

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