GLOBAL FINANCE AND “STRONGLY CONNECTED COMPENENT”


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Authors

  • Mehmet ŞİŞMAN Marmara University/TURKEY
  • Deniz ŞİŞMAN Gelişim University/TURKEY

DOI:

https://doi.org/10.15637/jlecon.248

Keywords:

Financialization, Debts, Crisis, Strongly Connected Compenent, Neoliberalism

Abstract

The Neoliberal Financialization process, which has been practiced in the World Economy since the 1980s, continues with different inequalities in the financial sector. According to the data of the financialization that has emerged up to now, the opinion that the crisis is preparing the environment is getting stronger. In this study, it will be argued that the dimension of inequality brought about by the "strongly connected compenent" has been accelerated and the possibility of the new financial crisis of this process has increased with the increase of international debt. As the majority of strongly connected compenent are financial companies, there is a growing likelihood that they will be affected and identified by the relationships among the global financial sector. The increase in the world debt rate gives us negative signals as the financial sector cuts the net capital flow in the world.

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References

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Published

2018-04-30

How to Cite

ŞİŞMAN, M., & ŞİŞMAN, D. (2018). GLOBAL FINANCE AND “STRONGLY CONNECTED COMPENENT”. JOURNAL OF LIFE ECONOMICS, 5(2), 37–44. https://doi.org/10.15637/jlecon.248

Issue

Section

Research Articles