Lineages of the 2008–10 global economic crisis: exposing shifts in the world economic order

2010 ◽  
Vol 12 (2) ◽  
pp. 125-154 ◽  
Author(s):  
Bülent Gökay ◽  
Darrell Whitman
2021 ◽  
pp. 966-981
Author(s):  
Sergey Gennadyevich Kapkanshchikov

The article uses the methodology of systemic global analysis and the theory of systemic cycles of capital accumulation to argue that we are now at a turning point of the modern era in connection with the unfolding change in the dominant world economic order. Based on the methodological approach, within the framework of which there is a hegemonic country and the rest of the world, the forecast regarding the forthcoming multipolarity of the world economy is rejected. Various stages of capital and financial expansion with their inherent, respectively, dirigistic and liberal models of state regulation of the economy are compared to each other. A chronological overview of the Spanish-Genoese, Dutch, British, American and Asian accumulation cycles is presented. The patterns of their change in the course of the formation of new technological structures are revealed. The place of Russia in the process of natural evolution of world economic structures is also identified. The objective and subjective reasons for the longterm hegemony of the United States, as well as factors of the upcoming completion of the American cycle of capital accumulation in the foreseeable future, are revealed. The author outlines the tactics employed by the American authorities to counteract the objective hegemonic cycles. The reasons for the movement of the center of the world economy to the East Asian region are revealed, with the justification of the need for a natural inclusion of Russia in the functioning of the Asian world economic order.


1981 ◽  
Vol 91 (364) ◽  
pp. 1061 ◽  
Author(s):  
Helen Hughes ◽  
Sven Grassman ◽  
Erik Lundberg

Author(s):  
V. Y. Saprykina ◽  
N. A. Chumakova

Ineffectiveness of the existing world monetary system that contributed to the resumption of its possible reform of the discussions has been revealed in the context of the global economic crisis. Due to the world economic interdependence of countries growing sharply raises the question of formation of the complex mechanism of global governance and the principles of a supranational character. This article analyzes the current trends and prospects of development of the world monetary system.


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