Search

The paper provides a vision of economic cycle chief features, and the characteristics of current pattern of accumulation in the USA, established at the beginning of last century 90's, as of the analysis of the financial and economic crisis by the end of 2007. It assumes its most recent antecedents in economic relations and capitalist economy policies prevailing tendencies since the end of the 1970's, 1980's, and 1990's, which created the distinctive political, regulatory and institutional conditions of current North American imperialist economy, chiefly based on external financing through deregulated global capital markets. The paper also presents the chief functioning mechanisms of USA economy within this scope, as well as it goes briefly over the possibilities of its reconfiguration and establishment of a new international economic order. [ABSTRACT FROM AUTHOR]