Suchergebnisse

Abstract
In 2008 the European Central Bank added a new quantitative policy strategy to its traditional control of the interest rates. This new policy, sometimes called "enhanced credit support", consists of fully satisfying the demand for liquidity of banks, with the European Central Bank deciding only the timing and characteristics of its interventions. This study analyses the market conditions in which these measures have been taken and their consistency with the demand for liquidity by the banking system. Measures in favour of the sovereign debt of PIIGS countries are also considered.

Cover -- Title Page -- Copyright -- About the Authors -- Acknowledgments -- Introduction: Manuel Castells -- Chapter 1 Economy Is Culture: Sarah Banet-Weiser and Manuel Castells -- What is value? -- The culture of financial capitalists and financial institutions -- The passion to create and the value of creativity -- Feminist economics -- Conclusion: Economic practices beyond economics -- References -- Chapter 2 Economics Without Growth: Giorgos Kallis -- Introduction -- Part 1: Six core principles -- Part 2: An alternative account of the crisis -- Part 3: The alternative economy as an embodiment of the new economics -- Part 4: New economic policies -- Conclusion -- Acknowledgments -- References -- Chapter 3 Analysis of Worldwide Community Economies for Sustainable Local Development: Sviatlana Hlebik -- Introduction -- Part 1: Conceptual framework -- Part 2.1: An overview of typologies and classifications -- Part 2.2: How it works (some examples) -- Part 2.3: Statistical data overview -- Part 3: Relationship between the community currency systems and the country's level of social and economic development, different aspects of the financial sector and money -- Main empirical findings -- Conclusion -- Appendix 1 -- Appendix 2: Methodology -- Appendix 3: Statistical analysis -- References -- Chapter 4 Blockchain Dreams: Imagining Techno-Economic Alternatives After Bitcoin: Lana Swartz -- Introduction -- The bitcoin blockchain -- The blockchain after bitcoin -- Radical blockchain dreams -- The incorporative blockchain dream? -- A slow blockchain? -- Conclusion -- References -- Chapter 5 Consumer Financial Services in the US: Why Banks May Not Be the Answer: Lisa J. Servon -- Methodology -- The three trends underlying the dysfunctional financial services landscape -- Findings -- Conclusion -- References.