bokomslag Financial Systems and Economic Crises
Samhälle & debatt

Financial Systems and Economic Crises

Camelia Oprean Stan Sebastian-Ilie Dragoe

Pocket

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  • 256 sidor
  • 2022
This book examines the main causes of financial instability and highlights that, with the exception of wars and pandemics, the financial system is the source of the crisis, not just a means of spreading it, as most mainstream experts believe. Based on the following findings, the innovative sections of this book provide academics and policymakers with important and practical knowledge: because negative shifts in the financial system precede recessions, financial indicators can predict the onset of a crisis much earlier than real variables; the proposed recession forecasting model can predict the emergence of the crisis a month in advance. When the economys sensitivity to the financial system is reduced, there will be only modest negative economic growth and no true recessions.
  • Författare: Camelia Oprean Stan, Sebastian-Ilie Dragoe
  • Format: Pocket/Paperback
  • ISBN: 9783631876947
  • Språk: Engelska
  • Antal sidor: 256
  • Utgivningsdatum: 2022-07-04
  • Förlag: Peter Lang AG