IDEAS home Printed from https://ideas.repec.org/p/iwe/workpr/198.html

On the nature of the present world economic crisis. A non-neoliberal sketch

Author

Listed:
  • Peter Farkas

    (Institute of World Economics, Centre for Economic and Regional Studies, Hungarian Academy of Sciences)

Abstract

The author wrote this paper in 2009, after the outbreak of the crisis. The paper, in the first place, was made for the young economist generation about the non-liberal crisis interpretation. The main thoughts are also topical at present, in the middle of 2011, when perhaps a new wave of the crisis might have started, for world economic tensions, which the paper introduces, survived in essence as the consequence of bank-saving and money-producing policies. At first, the paper enumerates the crisis explanations from Sismondi through Marx to Krugman and Roubini the economists of our present days. It shortly mentions previous typical world economic crises and lists their changing features, outlines the stages of economic cycles, and touches upon the existence of the greater crises that change the functioning of capitalism, the so-called node crises.

Suggested Citation

  • Peter Farkas, 2011. "On the nature of the present world economic crisis. A non-neoliberal sketch," IWE Working Papers 198, Institute for World Economics - Centre for Economic and Regional Studies.
    • Handle: RePEc:iwe:workpr:198
    as

    Download full text from publisher

    File URL: https://vgi.krtk.hu/publikacio/no-198-2011-08/
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. repec:wbk:wbpubs:6014 is not listed on IDEAS
    2. repec:wbk:wbpubs:4367 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    ;
    ;
    ;

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • P43 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Finance; Public Finance

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:iwe:workpr:198. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Zsófia Baller (email available below). General contact details of provider: https://edirc.repec.org/data/vkhashu.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.