Exploring the global financial crisis / edited by Alan W. Cafruny, Herman M. Schwartz.

Includes bibliographical references (pages 211-246) and index.

Exploring the Global Financial Crisis / Alan W. Cafruny and Henry M. Schwartz -- The crisis in the global political economy. The Crisis of the Eurozone / Alan W Cafruny and Leita SimonaTalani ; The Dollar and East Asia: The Endgame? / R. Taggart Murphy ; The Missing Crisis in Latin America / Peter Kingstone ; Migration and Remittances / Ariane Chebel D'Appolonia -- The crisis and us hegemony. China and the US in the Battle for Jobs and Growth / Henry M. Schwartz ; Oil and the Sino-American Rivalry / Timothy Lehmann ; Can the Euro Rival the US Dollar? / Hubert Zimmerman -- Critical views of the crisis. The Crisis of Home-Centered Consumer Capitalism in the US / Maria N. Ivanova ; Working Classes and Transnational Change / Magnus Ryner and Matt Davies ; Why does it happen again and again? / Anastasia Nesvetailova.

Have the financial crisis of 2008 and the subsequent recession rearranged the basic structures of the global economy? To answer that fundamental question, the authors of Exploring the Global Financial Crisis tackle a number of related questions: What has happened, for example, to global flows of people, goods, and capital? Will the euro and the dollar persist as global currencies? Can governments that bailed out failing banks by vastly expanding public debt manage to regain solvency, and at what political cost? Ranging across regions, and from the factors that gave birth to the crisis to current politico-economic rivalries, the authors present both mainstream and critical views on the central issues involved. -- Publisher description.

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