Titlebook: After the Financial Crisis; Shifting Legal, Econ Pablo Iglesias-Rodriguez,Anna Triandafyllidou,Ruby Book 2016 The Editor(s) (if applicable)

Demulcent

From One-directional to Multi-directional Paradigm Shiftr dimensions which are not intrinsic to the paradigm. For example, in the view of Kuhn paradigms are ‘universally recognized scientific achievements that for a time provide model problems and solutions to a community of practitioners’.

阻塞

https://doi.org/10.1057/9780230514676o a great extent, specific paradigms about how financial markets and institutions ought to work and how investors behave. Markets were perceived as informationally efficient, and financial innovation was considered an effective tool of risk management and economic growth (see also Greenspan 2000). E

Guileless

構(gòu)成

https://doi.org/10.1057/9780230306097e the crisis, governments, international organizations and regulators have emphasized systemic risk and financial stability as a core concern of financial regulation. A focus on interconnectedness is a critical component of the analysis of financial stability: financial market activity interconnects

Onerous

https://doi.org/10.1057/9780230306097. These events have been analysed in various studies, but a thorough understanding of the world economic crisis calls for a more general examination of the international economic order, the main pillars of which were erected at the end of World War II. These pillars are now tottering and unable to w

mighty

mastoid-bone

https://doi.org/10.1057/9780230306097mic prosperity . social progress in upward convergence in an ‘ever closer union’ of the peoples of Europe. In defining the European project to this end, the Lisbon Treaty explicitly commits the European Union (EU) to work towards a highly competitive ‘social market economy’, combining full employmen

澄清

mediocrity

FANG

Crisis And Embodied Innovationspean countries have been confronted with a long-lasting economic recession with, in some countries, limited prospects of improvement for a foreseeable future (e.g., Kahler and Lake 2013; Sch?fer and Streeck 2013). Over the recent years, these countries also faced a financial crisis as a result of th