FINANCIAL CRISIS: ILLUSION OF SUPPRESSION
It has been shown, that the financial crises in the last twenty years intensified attempts to rethink the dominant neo-liberal concepts of globalization of monetary and credit relations. Achievements of financial technology allowed to overcome some arising problems and generated hopes for a possibil...
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Format: | Article |
Language: | English |
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Publishing House of the State University of Management
2019-05-01
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Series: | Вестник университета |
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Online Access: | https://vestnik.guu.ru/jour/article/view/1412 |
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author | Yu. S. Begma E. V. Zenkina |
author_facet | Yu. S. Begma E. V. Zenkina |
author_sort | Yu. S. Begma |
collection | DOAJ |
description | It has been shown, that the financial crises in the last twenty years intensified attempts to rethink the dominant neo-liberal concepts of globalization of monetary and credit relations. Achievements of financial technology allowed to overcome some arising problems and generated hopes for a possibility of preservation of a former paradigm of market capitalism and regularities of globalization of world economy. However, a more detailed consideration of new developments in the field of international monetary and financial relations leads to the conclusion, that such hopes are illusory. |
format | Article |
id | doaj-art-c55d8fba30aa43fc849759b00cb43cf6 |
institution | Kabale University |
issn | 1816-4277 2686-8415 |
language | English |
publishDate | 2019-05-01 |
publisher | Publishing House of the State University of Management |
record_format | Article |
series | Вестник университета |
spelling | doaj-art-c55d8fba30aa43fc849759b00cb43cf62025-02-04T08:27:59ZengPublishing House of the State University of ManagementВестник университета1816-42772686-84152019-05-010414114510.26425/1816-4277-2019-4-141-1451353FINANCIAL CRISIS: ILLUSION OF SUPPRESSIONYu. S. Begma0E. V. Zenkina1BBGroupInstitute of Economics of Russian Academy of SciencesIt has been shown, that the financial crises in the last twenty years intensified attempts to rethink the dominant neo-liberal concepts of globalization of monetary and credit relations. Achievements of financial technology allowed to overcome some arising problems and generated hopes for a possibility of preservation of a former paradigm of market capitalism and regularities of globalization of world economy. However, a more detailed consideration of new developments in the field of international monetary and financial relations leads to the conclusion, that such hopes are illusory.https://vestnik.guu.ru/jour/article/view/1412financial crisisbanksinterest rateloan moneysecuritizationlocal currenciescryptocurrency |
spellingShingle | Yu. S. Begma E. V. Zenkina FINANCIAL CRISIS: ILLUSION OF SUPPRESSION Вестник университета financial crisis banks interest rate loan money securitization local currencies cryptocurrency |
title | FINANCIAL CRISIS: ILLUSION OF SUPPRESSION |
title_full | FINANCIAL CRISIS: ILLUSION OF SUPPRESSION |
title_fullStr | FINANCIAL CRISIS: ILLUSION OF SUPPRESSION |
title_full_unstemmed | FINANCIAL CRISIS: ILLUSION OF SUPPRESSION |
title_short | FINANCIAL CRISIS: ILLUSION OF SUPPRESSION |
title_sort | financial crisis illusion of suppression |
topic | financial crisis banks interest rate loan money securitization local currencies cryptocurrency |
url | https://vestnik.guu.ru/jour/article/view/1412 |
work_keys_str_mv | AT yusbegma financialcrisisillusionofsuppression AT evzenkina financialcrisisillusionofsuppression |