1st Edition
Financialization and Macroeconomics The Impact on Social Welfare in Advanced Economies
By Giovanni Scarano
Copyright 2023
214 Pages
15 B/W Illustrations
by
Routledge
214 Pages
15 B/W Illustrations
by
Routledge
214 Pages
15 B/W Illustrations
by
Routledge
Also available as eBook on:
Financialisation has become a widely discussed and debated term leading to a plurality of perspectives, but no fixed definition or single reading. This book presents a critical exploration and review of the current literature on financialisation, focusing on the financialisation of NFCs and its possible implications for the macroeconomic and financial stability of advanced countries.
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Introduction. 1.Post-Keynesian approaches. 2.The French Regulation School and the Social Structures of Accumulation approach. 3.Classical Marxist approaches. 4.Interest bearing capital vs industrial capital. 5.Financial rentiers and the revenant conflict between rent and profit. 6.Corporate saving glut and liquidity holding. 7.Financialisation of NFCs, globalisation and growth. 8.Conclusion
Biography
Giovanni Scarano is Professor of Economics at Roma Tre University and a member of STOREP (Italian Association for the History of Political Economy).
