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Global Fä°Nance And €Œstrongly Connected Compenentâ€

Author

Listed:
  • Mehmet ŞİŞMAN

    (Marmara University)

  • Deniz ŞİŞMAN

    (GeliÅŸim University)

Abstract

The Neoliberal Financialization process, which has been practiced in the World Economy since the 1980s, continues with different inequalities in the financial sector. According to the data of the financialization that has emerged up to now, the opinion that the crisis is preparing the environment is getting stronger. In this study, it will be argued that the dimension of inequality brought about by the "strongly connected compenent" has been accelerated and the possibility of the new financial crisis of this process has increased with the increase of international debt. As the majority of strongly connected compenent are financial companies, there is a growing likelihood that they will be affected and identified by the relationships among the global financial sector. The increase in the world debt rate gives us negative signals as the financial sector cuts the net capital flow in the world.

Suggested Citation

  • Mehmet ŞİŞMAN & Deniz ŞİŞMAN, 2018. "Global Fä°Nance And €Œstrongly Connected Compenentâ€," JOURNAL OF LIFE ECONOMICS, Holistence Publications, vol. 5(2), pages 37-44, April.
  • Handle: RePEc:jle:journl:v:5:y:2018:i:2:p:37-44
    DOI: 10.15637/jlecon.248
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    More about this item

    Keywords

    Financialization; Debts; Crisis; Strongly Connected Compenent; Neoliberalism;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • G01 - Financial Economics - - General - - - Financial Crises
    • E02 - Macroeconomics and Monetary Economics - - General - - - Institutions and the Macroeconomy
    • F30 - International Economics - - International Finance - - - General
    • F65 - International Economics - - Economic Impacts of Globalization - - - Finance

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