Pourquoi les crises reviennent toujours PDF Download

Author: Paul R. Krugman
Publisher:
ISBN: 9782020996037
Category :
Languages : fr
Pages : 200

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Book Description
Durant quelques décennies, tirant les leçons de la Dépression des années 1930, on avait mis en place des institutions et des politiques économiques qui avaient fait disparaître les crises récurrentes du capitalisme. Mais, depuis les années 1980, des crises financières de plus en plus graves se sont succédé. Celle de 2008 a mené le système financier au bord de l'effondrement et provoque à présent une récession dans les économies capitalistes. Pourquoi ces catastrophes que l'on croyait révolues reviennent toujours? Krugman, dans le style limpide qui a fait sa renommée mondiale, nous explique les ressorts de cette fatalité et comment lui échapper. Il démontre l'insuffisance des explications par les mauvaises pratiques et les erreurs de gestion d'un système qui resterait en lui-même incontestable. Il met au jour une crise du système lui-même, de sa logique fondée sur la libre circulation des capitaux et la valorisation du capital, alors qu'une prospérité durable suppose de donner la priorité à la satisfaction des besoins du plus grand nombre et de distribuer équitablement le pouvoir d'achat à cet effet. Krugman, comme Keynes dans les années 1930, souligne ici la raison fondamentale du retour des crises, en dépit de toutes les expériences passées: l'incapacité à en tirer vraiment les leçons, à laisser les faits mettre en question des doctrines libérales erronées.

Author: Paul R. Krugman
Publisher:
ISBN: 9782020395519
Category : Business cycles
Languages : fr
Pages : 213

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Krugman, dans le style limpide qui a fait sa renommée internationale, nous explique les dessous de la dernière grande crise du XXe siècle qui, à la suite d'une simple dévaluation du baht thaïlandais, aura ébranlé les économies d'une bonne partie de la planète. Pourquoi ce type de crise générale, que l'on croyait révolu, menace-t-il en fait toujours en permanence l'économie mondiale ? On impute souvent la responsabilité de la crise au manque de transparence des marchés financiers dans les pays émergents et/ou au non-respect de règles prudentielles élémentaires par ces mêmes pays. Si ces accusations ne sont pas sans quelque fondement, Krugman montre néanmoins que la punition fut démesurée par rapport aux quelques péchés commis par les gouvernements. Il souligne surtout que cette explication commode permet d'exonérer bien vite de toute responsabilité la dérégulation financière internationale et les mouvements de capitaux des spéculateurs occidentaux. L'obsession de la libre circulation des capitaux et de la fixité des taux de change, comme conditions d'une insertion des pays émergents dans l'économie mondiale, a constitué une orthodoxie rigide qui porte aussi une lourde responsabilité dans l'ampleur de cette dernière crise du siècle. Et Krugman, comme Keynes dans les années 1930, souligne ici la raison fondamentale du retour des crises, en dépit de toutes les expériences passées : l'incapacité à en tirer vraiment les leçons, à laisser les faits mettre en question les doctrines installées.

Author: Paul R. Krugman
Publisher: Allen Lane
ISBN: 9781846142390
Category : Business cycles
Languages : en
Pages : 191

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Book Description
What better guide could we have to the 2008 financial crisis and its resolution than the newest Nobel Laureate in Economics, columnist and author Paul Krugman? In a dazzling and prescient polemic, now fully update from his 1999 classic, Krugman shows how today's situation parallels the events that caused the Great Depression. He surveys the economic crises that swept across Asia, Russia and Latin America in the 1990s, and reveals that those crises were a warning for all of us. Now depression economics has returned: when the great housing bubble of the mid-2000s burst, the Western financial system proved as vulnerable as those of developing countries caught up in earlier crises - and a replay of the 1930s seems all top possible. Krugman shows how it happened and lays out the steps that must be taken to turn around a world economy sliding into a deep recession. Brilliantly crafted in his trademark style - lucid, lively, and supremely informed - this will become a cornerstone of the debate over how to respond to our current economic predicament. 'A lucid and punchy analysis of the dangers posed by global financial markets and a wake-up call for complacent or economically ignorant policymakers' ECONOMIST 'One of the world's most talented economists . . . his combination of wit and clarity makes him a true heir to Keynes' INDEPENDENT 'Unlikely to be rivalled in its lucidity . . . a rattling good read' FINANCIAL TIMES

Author: Jacques Mazier
Publisher:
ISBN: 9782717869064
Category :
Languages : fr
Pages :

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Author: Paul Krugman
Publisher: National Geographic Books
ISBN: 0393071014
Category : Business & Economics
Languages : en
Pages : 0

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Our newest Nobel Prize-winning economist shows how today’s crisis parallels the events that caused the Great Depression—and explains what it will take to avoid catastrophe. In 1999, in The Return of Depression Economics, Paul Krugman surveyed the economic crises that had swept across Asia and Latin America, and pointed out that those crises were a warning for all of us: like diseases that have become resistant to antibiotics, the economic maladies that caused the Great Depression were making a comeback. In the years that followed, as Wall Street boomed and financial wheeler-dealers made vast profits, the international crises of the 1990s faded from memory. But now depression economics has come to America: when the great housing bubble of the mid-2000s burst, the U.S. financial system proved as vulnerable as those of developing countries caught up in earlier crises and a replay of the 1930s seems all too possible. In this new, greatly updated edition of The Return of Depression Economics, Krugman shows how the failure of regulation to keep pace with an increasingly out-of-control financial system set the United States, and the world as a whole, up for the greatest financial crisis since the 1930s. He also lays out the steps that must be taken to contain the crisis, and turn around a world economy sliding into a deep recession. Brilliantly crafted in Krugman's trademark style--lucid, lively, and supremely informed--this new edition of The Return of Depression Economics will become an instant cornerstone of the debate over how to respond to the crisis.

Author: Paul R. Krugman
Publisher: Allan Lane
ISBN:
Category : Business & Economics
Languages : en
Pages : 200

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Reveals how the world's most influential financiers have failed to learn the lessons of history and are steering on a course to economic disaster.

Author: Cristina Peicuti
Publisher: World Scientific
ISBN: 1800615124
Category : Business & Economics
Languages : en
Pages : 147

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Book Description
Constantly bandied about, 'crisis' has tended to be a much-overused word. Understanding the economy and its future challenges requires a detailed and precise analysis of what an economic crisis is. This book sets out to do just that. It first provides a deep historical context of what economic theory says about crises and their perpetual return in the form of a cycle. It then looks at what lessons might be learned from such cycles. Since 1945, the world economy has been dominated by the United States, so an analysis of recent crises must necessarily consider public policy response in this country. Decoding Economic Crises attempts to answer the question of whether American leadership has emerged unscathed from the damage inflicted by the 1975, 1992, 2009 and 2020 recessions and their legacies of debt.Looking forward to the future, there is a particular focus on environmental change. The book interrogates whether devastating crises might ensue, reminiscent of the 'nutritional trap' theorised by Nobel Prize winner Angus Deaton. Finally, Decoding Economic Crises asks if there will be a return to times of extreme scarcity as seen prior to the mid-18th century.

Author:
Publisher: Odile Jacob
ISBN: 2738185843
Category :
Languages : en
Pages : 274

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Author: Henri Savall
Publisher: Springer
ISBN: 3319933663
Category : Business & Economics
Languages : en
Pages : 459

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This book presents the complete and pioneering works of the great Spanish economist, Germán Bernácer (1883-1965), to an English audience for the first time. Bernácer, the first director of the Research Service of the Bank of Spain (1930–55), inspired Keynes’ theory but was also a major critic and opponent of it. A macro economist by trade, Bernácer’s major theory related to recurring crises, which he believed were inherent in the existence of speculative markets such as property, works of art, long term currency markets, commercial trading, materials, and energy. Bernácer believed that these speculative markets generate unearned income and hoarding,they abound in financial capital and, when such capital is captured, it then lacks in production industries where real value is created, draining their financing. The author shows how history has repeated itself in this manner in 1929, 2007, 2008, 2014 and 2016. The author derives his content from Bernácer’s Spanish publications and his private correspondence with his contemporary economists, providing an historical and thematic insight into his thinking. It is well-timed to contribute to current worldwide debates on monetary,financial and budgetary policies needed to implement an economic order that can restore economic stability, providing readers with rare and important insights into the deep roots of crises. The book will be of interest to all readers interested in the history of economic thought, history of financial crises, Keynesian approaches to economics and criticism to Keynesian approaches.

Author: Sascha Bru
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110773635
Category : Literary Criticism
Languages : en
Pages : 590

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Book Description
Notions of crisis have long charged the study of the European avant-garde and modernism, reflecting the often turbulent nature of their development. Throughout their history, the avant-garde and modernists have both confronted and instigated crises, be they economic or political, aesthetic or philosophical, collective or individual, local or global, short or perennial. The seventh volume in the series European Avant-Garde and Modernism Studies addresses the myriad ways in which the avant-garde and modernism have responded and related to crisis from the late nineteenth to the twenty-first century. How have Europe’s avant-garde and modernist movements given aesthetic shape to their crisis-laden trajectory? Given the many different watershed moments the avant-garde and modernism have faced over the centuries, what common threads link the critical points of their development? Alternatively, what kinds of crises have their experimental practices and critical modes yielded? The volume assembles case studies reflecting upon these questions and more from across all areas of avant-garde and modernist activity, including visual art, literature, music, architecture, photography, theatre, performance, curatorial practice, fashion and design.