Biblioteca Digital de VanguardiaA structural financial crisis
The author maintains that the economic crisis that broke out in mid-2008 in industrialized countries and quickly spread to economies throughout the world does not have its origins solely in deregulation of the financial market. Though this clearly precipitated and has broadened the crisis, it is ess...
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| Formato: | Revistas |
| Lenguaje: | Español |
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Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador
2010
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| Acceso en línea: | https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/401 |
| _version_ | 1802410565643010048 |
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| author | Salama, Pierre |
| author_facet | Salama, Pierre |
| author_sort | Salama, Pierre |
| collection | Revista |
| description | The author maintains that the economic crisis that broke out in mid-2008 in industrialized countries and quickly spread to economies throughout the world does not have its origins solely in deregulation of the financial market. Though this clearly precipitated and has broadened the crisis, it is essential to consider the financial and commercial globalization that has marked regimes of economic growth. This is the globalization that has provoked the dislocation of production –in favor of China– and the consequent loss of jobs and stagnation of salaries. From this perspective, an end to the crisis will require more than a restructuring of financial architecture; what will be needed is change in financial and commercial deregulation. |
| format | Revistas |
| id | iconos-article-401 |
| institution | Íconos - Revista de Ciencias Sociales |
| language | Español |
| publishDate | 2010 |
| publisher | Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador |
| record_format | ojs |
| spelling | iconos-article-4012024-04-23T18:16:48Z A structural financial crisis Una crisis financiera estructural Salama, Pierre economic crisis financial deregulation financial globalization commercial globalization Latin America crisis económica desregulación financiera globalización financiera globalización comercial Latinoamérica The author maintains that the economic crisis that broke out in mid-2008 in industrialized countries and quickly spread to economies throughout the world does not have its origins solely in deregulation of the financial market. Though this clearly precipitated and has broadened the crisis, it is essential to consider the financial and commercial globalization that has marked regimes of economic growth. This is the globalization that has provoked the dislocation of production –in favor of China– and the consequent loss of jobs and stagnation of salaries. From this perspective, an end to the crisis will require more than a restructuring of financial architecture; what will be needed is change in financial and commercial deregulation. El autor sostiene que la crisis económica que estalló a mediados del 2008 en los países industrializados y que rápidamente contagió a todas las economías del mundo, no tiene un origen exclusivo en las desregulaciones del mercado financiero. Aunque estas sin duda han precipitado y amplificado la crisis, es fundamental considerar la globalización financiera y comercial que ha marcado los regímenes de crecimiento económico. Es esta globalización la que ha provocado la deslocalización de la producción en favor de China– y una consecuente pérdida de empleos y atonía de los salarios. Desde esta perspectiva terminar la crisis requerirá más que una restructuración de la arquitectura financiera, será necesario modificar la desregularización financiera y comercial. Facultad Latinoamericana de Ciencias Sociales, Sede Ecuador 2010-01-01 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Artículo evaluado por pares application/pdf https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/401 10.17141/iconos.36.2010.401 Íconos - Revista de Ciencias Sociales; Núm. 36 (2010): Dossier: Naturaleza y crisis del capitalismo; 19-28 Íconos - Revista de Ciencias Sociales; n. 36 (2010): Dossier: Naturaleza y crisis del capitalismo; 19-28 Íconos. Revista de Ciencias Sociales; No. 36 (2010): Dossier: Nature and crisis of capitalism ; 19-28 1390-8065 1390-1249 spa https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/401/391 Derechos de autor 2010 Pierre Salama https://creativecommons.org/licenses/by-nd/3.0/deed.es_ES |
| spellingShingle | Salama, Pierre A structural financial crisis |
| title | A structural financial crisis |
| title_full | A structural financial crisis |
| title_fullStr | A structural financial crisis |
| title_full_unstemmed | A structural financial crisis |
| title_short | A structural financial crisis |
| title_sort | structural financial crisis |
| url | https://iconos.flacsoandes.edu.ec/index.php/iconos/article/view/401 |