Author: Jayshree SenguptaSamir Saran/Several ContributorsTranslator(s)/ Editors(s): Jayshree SenguptaPublisher: Academic FoundationYear: 2012Language: EnglishPages: 165ISBN/UPC (if available): 9788171889686
The Global Financial Crisis (GFC) of 2008 is widely recognized across the globe as the most severe economic downturn since the Great Depression. The prolonged global economic slow-down has stymied the US economy, brought the Euro-zone to the precipice, and continues to retard growth momentum throughout the world. Even developing economies that were previously thought to be crisis-averse are now experiencing the rough waters after an economic tsunami.The writers in this compendium address the many complexities of the GFC and present a holistic overview of its background, how it unfolded and how many of the nations sought to respond to it. This publication is unique in its approach of the crisis from a global perspective, with pieces focussing on India, Europe and the United States. Furthermore, the book provides a thorough examination of the economic, political, environmental and social implications of the crisis and offers glimpses of the road ahead, replete with policy recommendations for a more stable and prosperous future.
ContentsForeword by Sunjoy JoshiIntroduction 1. The Global Financial Crisis and India by Jayshree Sengupta2. India after the Global Economic Crisis by M.K. Venu3. Organic Crisis and Capitalist Transformation by Mario Candeias4. Currency War versus Monetary Cooperation by Fabio de Masi5. From the Great recession to Deflation and Stagnation by Hansjorg Herr6. Current Crises, European Union : Alternatives and the Ideas of Socio-Ecological Reconstruction of a Society beyond Neoliberalism and Capitalism by Judith Dellhein7. Europe : To be or Not to be by Fabio De Masi8. From Exportism and Growth Fetish towards an Ecosocialist “Economy of Reproduction” by Mario Candeias9. Deconstructing India’s Inclusive Development Agenda by Samir Saran and Vivan Sharan