The systematic knives of the world financial crisis: state, markets and banks

The current global economic crisis is the result of a wrong design and
working of the financial markets and agents.
The generalized processes of financial deregulation, joined to the globalization process, have made that a
problem seemingly focused in a small segment of the financial markets in the US
economy has acquired a global systemic nature.
The exit of the crisis depends on the design of a new regulatory framework of domestic and international
financial markets that leads to a more stable and efficient working of financial
markets.
Journal: 
23
Authors: 
Ramón Casilda Béjar
Jesús Ferreiro Aparicio
Attached file: 

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