Crotty -- Recent Papers

Crotty’s Recent Work:

2007

* “If Financial Market Competition is so Intense, Why are Financial Firm Profits so High? Reflections on the Current ‘Golden Age’ of Finance”

2005

* Was Korea’s Economy Structurally Dysfunctional in the mid-1990s?: A Critique of the IMF’s Justification for Regime Change in Korea (with Kang-Kook Lee)

* From East Asian “Miracle” to Neoliberal “Mediocrity”: The Effects of Liberalization and Financial Opening on the Post-Crisis Korean Economy (with Kang-Kook Lee)

2004

* Was the IMF’s Imposition of Economic Regime Change in Korea Justified?:A Critique of the IMF’s Economic and Political Role in Korea During and After the Crisis (with Kang-Kook Lee)

2002

* The Effects of Increased Product Market Competition and Changes in Financial Markets on the Performance of Nonfinancial Corporations in the Neoliberal Era

* Why Do Global Markets Suffer From Chronic Excess Capacity?: Insights From Keynes, Schumpeter and Marx

* A Political-Economic Analysis of the Failure of Neoliberal Restructuring in Post-Crisis Korea (with Kang-Kook Lee)

2001

* Korea's Neoliberal Restructuring: Miracle or Disaster? (with Kang-Kook Lee)

* Economic Performance in Post-Crisis Korea: A Critical Perspective on Neoliberal Restructuring (with Kang-Kook Lee)

* Structural Contradictions of Current Capitalism: A Keynes-Marx-Schumpeter Analysis

2000

* Structural Contradictions of the Global Neoliberal Regime

* The Case for Capital Controls

* Trading State-Led Prosperity for Market-Led Stagnation: From the Golden Age to Global Neoliberalism