La geopolítica y las crisis financieras: ¿qué hemos aprendido de la crisis financiera de 2007?

• Sebastián Royo Medina ^[1]
  1. [1] Clark University

     Clark University

     City of Worcester, Estados Unidos

     
• Localización: Información Comercial Española, ICE: Revista de economía, ISSN 0019-977X, Nº 935, 2024 (Ejemplar dedicado a: Economía y geopolítica en un mundo en conflicto), págs. 91-105
• Idioma: español
• DOI: 10.32796/ice.2024.935.7794
• Enlaces
  • Texto completo
• Resumen
  • español

    Las crisis financieras tienen consecuencias muy graves y duraderas para los países. Pese a ser tan dañinas, se han convertido en un hecho desafortunado y recurrente de nuestras vidas, y ningún país parece inmune. Este artículo analiza las lecciones más importantes que se derivan de la crisis financiera global de 2007, enfatizando las dimensiones políticas de esta crisis. Este análisis es clave en un momento coyuntural en que la economía global está expuesta a riesgos económicos y geopolíticos, que, por ende, pueden impactar al sistema financiero con potenciales graves consecuencias para nuestras sociedades

  • English

    Financial crises have very serious and long-lasting consequences for countries. As damaging as they are, they have become an unfortunate and recurring fact of life, and no country seems immune. This article analyses the main lessons from the 2007 global financial crisis, with a focus on its political dimensions. This analysis is crucial at a time when the global economy is exposed to economic and geopolitical risks that may affect the financial system, with potentially serious consequences for our societies

• Referencias bibliográficas
  • Alesina, A., Favero, C., & Giavazzi, F. (2019). Austerity: When It Works and When it Doesn’t. Princeton University Press.
  • Beck, T., Krahnen, J.-P., Martin, P., Mayer, F., Pisani-Ferry, J., Tröger, T., Weder di Mauro, B., Véron, N., & Zettelmeyer, J. (2022)....
  • Blyth, M. (2013). Austerity: The History of a Dangerous Idea. Oxford University Press.
  • Calomiris, C. W., & Haber, S. H. (2014). Fragile by Design: The Political Origins of Banking Crises and Scarce Credit. Princeton University...
  • Chinn, M. D., & Frieden, J. A. (2011). Lost Decades: The Making of America’s Debt Crisis and the Long Recovery. W.W. Norton & Company.
  • Cohen, P. (2023, December 24). Two Wars, 50 Elections: The Economy Faces Rising Geopolitical Risks. The New York Times. https://www.nytimes.com/2023/12/24/business/...
  • Copelovitch, M., & Singer, D. A. (2020). Banks on the Brink: Global Capital, Securities Markets, and the Political Roots of Financial...
  • Garicano, L. (2012, October 16). Five lessons from the Spanish cajas debacle for a new euro-wide supervisor. https://cepr. org/voxeu/columns/five-lessons-spanish-cajas-debacle-...
  • Kaminsky, G. L., & Reinhart, C. M. (1999). The Twin Crises: The Causes of Banking and Balance-of-Payments Problems. The American Economic...
  • Reinhart, C. M., & Rogoff, K. S. (2009). This Time is Different: Eight Centuries of Financial Folly. Princeton University Press.
  • Roldán, J. M.ª, & Saurina, J. (2012). Old and New Lessons of the Financial Crisis for Risk Management. In P. Hoflich (Ed.), Banks at Risk....
  • Royo, S. (2013). Lessons from the Economic Crisis in Spain. Palgrave Macmillan.
  • Royo, S. (2020). Why Banks Fail: The Political Roots of Banking Crises in Spain. Palgrave Macmillan.
  • Russell, K., & Zhang, C. (2023, May 1). 3 Failed Banks This Year Were Bigger Than 25 That Crumbled in 2008. The New York Times.
  • Sommer, J. (2023, June 11). Ben Bernanke Talks About Bank Runs, Inflation, A.I., Market Bubbles and More. The New York Times. https://www.nytimes.com/2023/06/09/business/...
  • Thelen, K. (2024). How Institutions Evolve: The Political Economy Skills in Germany, Britain, the United States and Japan. Cambridge University...