1. La gran contracción.
- Author
-
Vergopoulos, Kostas
- Subjects
- *
GLOBAL Financial Crisis, 2008-2009 , *HISTORY of international economic relations , *INTERNATIONAL cooperation on free trade , *CAPITAL movements , *MONETARY policy , *PRICE inflation , *PRICE deflation , *INCOME distribution -- Social aspects , *PUBLIC debts , *EXTERNAL debts , *TWENTY-first century , *INTERNATIONAL cooperation ,SOCIAL aspects ,DEVELOPING countries - Abstract
The article discusses the 2008-2009 Global Financial Crisis, focusing on its impact on the world economy. It is the author's view that the Global Financial Crisis produced a phenomenon of deglobalization of the economy, particularly regarding free trade and international capital mobility. Subjects include the principle of monetary stability, social aspects of inflation and deflation, and the deepening of income inequalities. An analysis of the position of emergent countries regarding public and external debts is also included.
- Published
- 2012