This book explores the key economic issues facing Southeastern Europe and Bosnia and Herzegovina, within the context of the serious challenges that the global economy has faced in recent years. The book combines rigorous analysis of the issues faced by the region with a construc…
There have been many noticeable incidents of "lost decades" in economic growth, occurring in countries across the world. It has been found that in many economies, the lost decade phenomenon persists, even after the conventional set of contributing factors such as per capita inco…
Die Lage ist ernst. Erst sind es die Banken, dann ganze Staaten und ihre Volkswirtschaften, die unter den für sie aufgespannten "Rettungsschirm" schlüpfen. Das Thema ist omnipräsent und ominös zugleich. Täglich erfahren wir, wie wichtig und unvorstellbar groß dieser Schirm ist. …
This book offers a critical assessment of the history of the euro, its crisis, and the rescue measures taken by the European Central Bank and the community of states. The euro induced huge capital flows from the northern to the southern countries of the Eurozone that triggered a…
"A hundred years ago, many theorists believed ... just as they did at the beginning of our twenty-first century ... that the world had reached a state of economic perfection, a never before seen human interdependence that would lead to universal growth and prosperity. Then, as n…
"Financialization is one of the most innovative concepts to emerge in the field of political economy during the last three decades, although there is no agreement on what exactly it is. Profiting Without Producing puts forth a distinctive view defining financialization in terms …