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The Economic Crisis in Social and Institutional Context: Theories, Policies and Exit Strategies (Routledge Advances in Heterodox Economics)

Penned By Sebastiano Fadda
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The Economic Crisis in Social and Institutional Context: Theories, Policies and Exit Strategies (Routledge Advances in Heterodox Economics)

Penned By Sebastiano Fadda
4.85 88,558 Ratings
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Editor's Note:
This book explores the foundations of the current economic crisis. Offering a heterodox approach to interpretation it examines the policies implemented before and during the crisis, and the main institutions that shaped the model of advanced economies, particularly in the last two decades.The first part of the book provides a theoretical analysis of the crisis. The roots of the great recession are divided into fundamentals with origins in financial liberalisation, financial innovation and income distribution, and complementary or contributory factors such as the international imbalances, the monetary policy, and the role of credit rating agencies. Part II suggests various paths to recovery while emphasising that it will be necessary to develop alternative strategies for sustainable economic recovery and growth. These strategies will require genuine political support and a new 'great European vision' to address major issues concerning the EU such as unemployment, structural regional differences and federalism.Drawing on various schools of thought, this book explains the complexities of the crisis through a wider evolutionary-institutional and heterodox framework. "

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Sebastiano Fadda
The Mind Behind the Work
Sebastiano Fadda

Sebastiano Fadda is the author of several novels. Originally from the East Coast, they now live in the Midwest with family. In addition to writing, Sebastiano Fadda enjoys gardening, cooking, and reading way past bedtime. Their work often explores the complexities of everyday life and human relationships.

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Christopher Allen
Christopher Allen April 27, 2025
"Such a rich narrative. The prose is exquisite. It’s accessible yet undeniably sophisticated. I will undoubtedly revisit this masterpiece."
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"I was completely blown away. I adored how the story unfolded. It kept me captivated without sacrificing elegance. I am now a lifelong fan of this author."
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Eric Lee
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