PPT-The Collapse of Global Capitalism: What can we learn from the Global Financial Crisis

Jamal D Harwood London UK jamalharwood Financial Crisis of 2008 and today The greatest crisis since 1929 5 Years after growth poor and much slower recovery than 1929 Jobless recovery built on debt. Emerging Market Economies. Assistant Professor . Dr. . Thanet. . Wattanakul. Faculty of Integrated Social Sciences. Khon. . Kaen. University. Nong. . Khai. Campus. Contents. INTRODUCTION. CAUSES AND CONSEQUENCES OF ASIAN DEBT CRISIS. Valpy. FitzGerald. Global Economic Recovery:. The Role of China and Other Emerging Economies. Chinese Economic Association (Europe/UK) & University of Oxford. Oxford, 12-13 July 2010. Despite massive trade shock from G3 downturn, developing economies declined less and recovered better. Nobuharu Yokokawa. Musashi University. Heterodox Economics Organizations. Japan . Society of political Economy. Political Economy & Economic History Society. Japan Association for Evolutionary Economics. Professor Craig Calhoun. Director and President. London School of Economics. Collapse?. Capitalism seems to be surviving a deep and still lingering global crisis. A longer period of depressed growth than the Great Depression. Joseph E. Stiglitz. Tsinghua University. March 2008. Profound Lessons Concerning Market Economies. Market economies are not self-regulating . Prone to excesses. With many people suffering in process. Jamal D. Harwood. London, UK. @. jamal_harwood. Financial Crisis of 2008 and today.... The greatest crisis since 1929. 5 Years after growth poor and much slower . recovery than 1929. Jobless recovery – built on debt. Joseph E. Stiglitz. March 2009. A Deep and Prolonged Downturn. The first truly global downturn of the modern era of globalization. Downturn in the U.S. will be the most severe since the Great Depression. Joseph E. Stiglitz. Tsinghua University. March 2008. Profound Lessons Concerning Market Economies. Market economies are not self-regulating . Prone to excesses. With many people suffering in process. Global Business Ethics PRISMS. Should business be amoral (values-neutral)?. Are lobbying & campaign contributions a form of bribery?. Do the benefits of industry deregulation outweigh the costs?. Emerging Market Economies. Assistant Professor . Dr. . Thanet. . Wattanakul. Faculty of Integrated Social Sciences. Khon. . Kaen. University. Nong. . Khai. Campus. Contents. INTRODUCTION. CAUSES AND CONSEQUENCES OF ASIAN DEBT CRISIS. Starting in the 1990’s the business of government was business.. “…regulators “lacked the political will” to scrutinize and hold accountable the institutions they were supposed to oversee. The financial industry spent $2.7 billion on lobbying from 1999 to 2008, while individuals and committees affiliated with it made more than $1 billion in campaign contributions.”. Nobuharu Yokokawa. Musashi University. Heterodox Economics Organizations. Japan . Society of political Economy. Political Economy & Economic History Society. Japan Association for Evolutionary Economics. 473 Zeti Akhtar Aziz It is my honor to be invited to speak on this closing panel, to discuss global policy perspectives at this year’s Economic Policy Symposium, in this magnificent environmen WAPE Award The Distinguished Achievement Award of World Political Economy of the 21 Century established by WAPE is an annual award that is granted annually starting from the year of 2009 and intended