Which Way Goes Capitalism?: In Search of Adequate Policies in a Dramatically Changing World

by Daniel Daianu

Overview

In this title, a well-known academic economist and former finance minister gives a lucid and well balanced overview of the current financial turbulences that have hit the developed economies. Strongly criticizing the excesses of neoliberal capitalism, Daianu calls for implementing necessary regulatory reforms in the financial sector and for restoration of a proper balance between the functions of the state and the market. Daianu goes back to some of the roots of the current crisis and the flaws or weaknesses of the global financial system. In doing so, he extensively discusses the monetary union of the Euro, and the critical question whether, how and when additional countries can and should join the club. This is a timely volume with a very strong and important warning.

Product Details

ISBN-13:	9789639776470
Publisher:	Central European University Press
Publication date:	08/01/2009
Pages:	296
Product dimensions:	6.30(w) x 9.00(h) x 1.00(d)
Age Range:	18 Years

About the Author

Daniel Daianu is a professor of economics at the National School of Political and Administrative Studies (SNSPA) in Bucharest, and chairman of the Romanian Economic Society. He is a former finance minister of Romania and former Member of the EP. He was a visiting professor at UCLA and University of California, Berkeley.

Table of Contents

Foreword

Acknowledgements

Introduction: Return to Common Sense is Needed

Chapter 1.Institutional and Policy Diversity as an Engine of Economic Development

Chapter 2. Ethical Lapses of Capitalism: How Serious They Are

Chapter 3. Why is this Financial Crisis Occurring—How to Respond to It?

Chapter 4. What This Financial Crisis Tells Us

Chapter 5. A Strained European Model—Is Eastern Enlargement to Blame?

Chapter 6. The Monetary Union: The Decade Ahead. The Case of Non-Member States

Chapter 7. The EU Budget Review: Managing Diversity for a Growing EU

Chapter 8. A Clash of Capitalism

Chapter 9. Epilogue: Keynes Is Back

Appendices

Index