The 1997 and 2008 Financial Crises Causes and Consequences Compared

  • Pierre Chabal

Abstract

The article focuses on the evolution of two crises based on several decades of deregulation, speculation, privatization and financialization, logically connected with a gradual, but certain recess of controls over the financial economy. Solutions and crisis management went from (possible?) system maintenance to (indispensable!) system refounding; from the industrial revolution-type of liberalism to the postmodernist-type of interventionism. One of the conclusions is that beyond the ‘de-economization’ of the world lies its possible ‘re-politisation’

Published
2023-01-03
How to Cite
Chabal, P. (2023). The 1997 and 2008 Financial Crises Causes and Consequences Compared. Public Administration and Regional Studies, 6(2). Retrieved from https://gup.ugal.ro/ugaljournals/index.php/pars/article/view/5694
Issue
Vol 6 No 2 (2013): PARS
Section
Articles
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