Critical Perspectives on International Business: Volume 5 Issue 1/2

Why moral failures precede financial crises

This paper aims to explore the linkages between greed and governance failures in both financial institutions and financial markets.

Paper assets, real debts: An ecological‐economic exploration of the global economic crisis

This paper sets out to investigate the potential contribution of the inter‐disciplinary field of ecological economics to the explanation of the current economic crisis. The root…

The global financial crisis: an institutional theory analysis

This paper seeks to provide insights into the current global financial crisis from an institutional theory perspective.

New thinking on the financial crisis

The purpose of this paper is to expand understanding of the current global financial crisis in light of other large‐scale financial crises.

The crisis: a return to political economy?

This paper aims to examine the current financial crisis, suggesting that most analyses have attributed the crisis to a lack of business ethics, the rise of greed and lax…

Financial crisis, activist states and (missed) opportunities

This article seeks to discuss three key issues raised by the recent financial crisis: the rise of “activist states”; a new focus on the geopolitical effects of finance; and…

The Kindleberger‐Aliber‐Minsky paradigm and the global subprime mortgage meltdown

This paper sets out to analyze the current global financial crisis that originated in the US subprime mortgage market through the lens of the Kindleberger‐Aliber‐Minsky (KAM…

Wrong assumptions in the financial crisis

The purpose of this paper is to show how some of the assumptions about the current financial crisis are wrong because they misunderstand what takes place in the mortgage market.

Regulation and subprime turmoil

The global economy has entered what appears to be a very serious financial crisis for reasons other than force majeure. While the current focus has to be on preventing a repeat of…

An economic wonderland: derivative castles built on sand

This paper seeks to use the way in which markets in derivatives have developed historically to examine how neo‐classical market‐oriented economic theory has been used as a…

From demutualisation to meltdown: a tale of two wannabe banks

This paper aims to examine the influence of neoliberalist deregulation on the rash of demutualisations of the 1990s. It explores the extent to which the demutualisation of two…

Building resilience to international financial crises: lessons from Brazil

This paper sets out to argue that, due to a stable set of economic policies over the past decade, today Brazil is much more resilient to international financial crises than in the…

A time to return to Keynes

This paper seeks compare the current financial and economic problems with the problems facing the world economy in the 1930s.

International business and the crisis

The purpose of this paper is to highlight the effects of the financial crisis on international business.

Editorial