Central Banking and Financialization a Romanian Account of How Eastern Europe Became Subprime (H/C) University of Hertfordshire)

University of Hertfordshire)

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Central Banking and Financialization a Romanian Account of How Eastern Europe Became Subprime (H/C) University of Hertfordshire)At the Beginning of 2009, Eastern Europe Became the Source of Increasing Concerns, As It Was Feared That the Large Foreign Borrowing of Its Banking System Could Trigger an Economic Cataclysm. This Book Explores How and Why Eastern Europe Became Subprime, Taking Romania As a Paradigmatic Case Study. It Explains the Region's Vulnerability Through the Hegemony of Neoliberal Discourses and Growing Pressures of Financialization in Money and Currency