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Neoliberalism can (and should) be saved by macroprudential financial regulation

Casey, Terrence (2013) Neoliberalism can (and should) be saved by macroprudential financial regulation. British Politics and Policy at LSE (24 Jun 2013). Website.

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Terrence Casey argues that macroprudential regulation, by smoothening the credit cycle, can temper the major problems with the neoliberal growth model. It is the tendency toward excessive credit growth, producing booms and subsequent damaging busts, and not productive exhaustions that weakens neoliberalism. If financial volatility can be removed, it is indeed a model worth saving as it has undoubtedly produced real growth, albeit in a two steps forward, one step back process.

Item Type: Online resource (Website)
Official URL:
Additional Information: © 2013 The Author(s) CC BY-NC-ND 3.0
Divisions: LSE
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HG Finance
J Political Science > JF Political institutions (General)
J Political Science > JN Political institutions (Europe) > JN101 Great Britain
Date Deposited: 05 May 2017 16:27
Last Modified: 27 Sep 2021 23:18

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