Six Crises of the World Economy : Globalization and Economic Turbulence from the 1970s to the COVID-19 Pandemic / / José A. Tapia

• Record Nr.: UNINA9910799486503321
• Autore: Tapia José A.
• Pubbl/distr/stampa: Cham, Switzerland : , : Macmillan Palgrave, , [2023]; ©2023
• ISBN: 3-031-38735-X
• Edizione: [First edition.]
• Descrizione fisica: 1 online resource (351 pages)
• Disciplina: 330.9
• Soggetti: COVID-19 Pandemic, 2020- - Economic aspects; Depressions - History - 20th century; Depressions - History - 21st century; Financial crises - History - 20th century; Financial crises - History - 21st century; Global Financial Crisis, 2008-2009
• Lingua di pubblicazione: Inglese
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Nota di bibliografia: Includes bibliographical references and index.
• Nota di contenuto: Intro -- Contents -- Preface -- Abbreviations -- List of Figures -- List of Tables -- 1 Introduction -- 2 Evidence of Six Crises -- Capital Formation and Output of the Global Economy -- Consumption -- Unemployment -- Monetary Aggregates -- Economic Activity as Measured by a Chemical Index -- Profitability -- Stylized Facts -- How Many Crisis years and How Many Crises? -- 3 Globalization, National Economies, and Global Crises -- From World War II to the "First Oil Crisis" of the Mid-1970s -- The "Second Oil Crisis" of the Early 1980s -- The Crisis of the Early 1990s and the Demise of the Soviet Bloc and the USSR -- The Crisis of the Turn of the Century -- The Great Recession and the 2010s -- The International Synchronization of Business Cycles -- The Demographic Globalization -- 4 Conceptual Issues-Depressions, Recessions, Crisis Cycles, Business Cycles -- Marx and Engels -- The Marxists and the NBER -- Mainstream Economics-Keynesians and Monetarists -- 5 A World Economy -- The World Economy as a Historical Notion -- The Management of the World Economy in the Twenty-First Century -- 6 ; Why Do Crises Occur? Causal Theories -- Say's Law and the General Glut Controversy -- Karl Marx on Crises of Overproduction -- From Crises Commerciales to Astronomical and Biological Cycles -- Wesley Mitchell -- Economic Orthodoxy Before and During the Great Depression -- From the Great Depression to Keynesian Economics and Monetarism -- Economic Data and Macroeconomic Theories -- Business Cycles Persist -- Income Distribution as Cause of Recession -- Macroeconomics in the Dark Age -- Marxists and Radicals -- The Revival of Keynesianism -- Economics on Recessions Since the 1990s -- An Outline of a Causal Model -- Cycles and Tendencies -- Concluding Remarks -- 7 Nature, Oil, Crises -- Climate Change, the Global Economy, and the Oikeios of Jason Moore -- Peak Oil.; 8 Long Waves and Social Structures of Accumulation -- Mainstream Economists, Marxists, and K-waves -- Social Structures of Accumulation -- Long Waves and the Modern World Economy -- 9 From the COVID-19 Depression to the War in Ukraine -- 10 Conclusion -- Appendices -- APPENDIX A-MONEY LEADS -- APPENDIX B-ON MEASURES OF MONETARY AGGREGATES AND DEBT -- APPENDIX C-ECONOMIC GROWTH AND CLIMATE CHANGE -- APPENDIX D-A NOTE ON THE RATE OF PROFIT -- APPENDIX E-DATA -- References -- Index -- Acknowledgments -- About the Author.