EconPapers    
Economics at your fingertips  
 

The Systemic Global Crisis: A Long Cycles Approach with a Political - Economic Perspective/La crisis sistémica global: Una aproximación desde los ciclos largos con una perspectiva político - económica

Mario Eduardo Firmenich ()
Additional contact information
Mario Eduardo Firmenich: Universidad Rovira I Virgili, Facultad de Economía y Empresa, Avda. Universitat, 1, 43204 Reus (Barcelona), Spain.

Estudios de Economia Aplicada, 2017, vol. 35, No 3, 555-574

Abstract: International financial crisis reflects a systemic global crisis. The revolution of ICT have given infrastructural basis to global markets, especially the financial market, which was backed up by institutional deregulation. However it has been generated a global system with the hegemony of the car-petroleum tandem and with liquidity generated by the free mobility of capitals without institutions which regulate it. Worldwide order established in the postwar period is not at all functional to the globalization sustained in the ICT. To solve peacefully the global crisis it is required a political decision to set up a New Sustainable International Order. La crisis financiera internacional refleja una crisis global sistémica. La revolución de las TIC dio base infraestructural a los mercados globales, especialmente el financiero, lo que fue apoyado por la desregulación institucional. Pero se generó un sistema global con la hegemonía del tándem ?automotor-petróleo? y con una liquidez generada por la libre movilidad de capitales, sin las instituciones que lo regulen. El orden mundial establecido en la posguerra no es funcional para la globalización sustentada en el predominio de las TIC. Para resolver pacíficamente la crisis global es necesaria la decisión política de crear un Nuevo Orden Internacional Sustentable.

Keywords: Crisis; globalización; sistema monetario internacional; Kondratieff; Crisis; Globalization; International Monetary System; Kondratieff. (search for similar items in EconPapers)
JEL-codes: F53 E32 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.revista-eea.net
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:lrk:eeaart:35_3_1

Ordering information: This journal article can be ordered from
http://www.revista-eea.net

Access Statistics for this article

Estudios de Economia Aplicada is currently edited by Jose Garica Perez

More articles in Estudios de Economia Aplicada from Estudios de Economia Aplicada Miguel Angel Sanchez Granero. Departamento de Matematicas. Universidad de Almeria. Spain.. Contact information at EDIRC.
Bibliographic data for series maintained by Miguel Angel Sanchez Granero ().

 
Page updated 2019-03-14
Handle: RePEc:lrk:eeaart:35_3_1