The Morphology of US five crisis after 1970

Since the breakdown of the Bretton Woods agreements signed at the beginning of the 1970´s, the U.S. economy recorded five crisis embedded and in turn derived from its macroeconomic logic which consists of two concurrent deficits, in the fiscal accounts and in the foreign trade. The marginalization o...

Descripción completa

Guardado en:
Detalles Bibliográficos
Autor principal: Vitelli, Guillermo
Lenguaje:Español
Publicado: Facultad de Economía 2014
Acceso en línea:http://www.revistas.unam.mx/index.php/ecu/article/view/44996
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-030&d=article44996oai
Aporte de:
Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO) de Consejo Latinoamericano de Ciencias Sociales
id I16-R122-article44996oai
record_format dspace
institution Consejo Latinoamericano de Ciencias Sociales
institution_str I-16
repository_str R-122
collection Red de Bibliotecas Virtuales de Ciencias Sociales (CLACSO)
language Español
description Since the breakdown of the Bretton Woods agreements signed at the beginning of the 1970´s, the U.S. economy recorded five crisis embedded and in turn derived from its macroeconomic logic which consists of two concurrent deficits, in the fiscal accounts and in the foreign trade. The marginalization of part of the postwar economic arrangements broke monetary corset imposed by the dollar's convertibility to gold, empowering its funding from increased monetization and securitization financing. Most economies operated by facilitating the monetary absorption creating greater reserves despite the constant process of devaluation of U.S. monetary assets. The present crisis opens the question about their ability to continue implementing their old macroeconomic logic, holding the dollar as primary reserve of value in much of the world.
author Vitelli, Guillermo
spellingShingle Vitelli, Guillermo
The Morphology of US five crisis after 1970
author_facet Vitelli, Guillermo
author_sort Vitelli, Guillermo
title The Morphology of US five crisis after 1970
title_short The Morphology of US five crisis after 1970
title_full The Morphology of US five crisis after 1970
title_fullStr The Morphology of US five crisis after 1970
title_full_unstemmed The Morphology of US five crisis after 1970
title_sort morphology of us five crisis after 1970
publisher Facultad de Economía
publishDate 2014
url http://www.revistas.unam.mx/index.php/ecu/article/view/44996
http://biblioteca.clacso.edu.ar/gsdl/cgi-bin/library.cgi?a=d&c=mx/mx-030&d=article44996oai
work_keys_str_mv AT vitelliguillermo themorphologyofusfivecrisisafter1970
AT vitelliguillermo lasmorfologiasdelascincocrisiseconomicasdeestadosunidosposterioresa1970
AT vitelliguillermo morphologyofusfivecrisisafter1970
bdutipo_str Repositorios
_version_ 1764820437648277504

Ejemplares similares