ISBN-13: 9783330518193 / Niemiecki / Miękka / 2017 / 128 str.
ISBN-13: 9783330518193 / Niemiecki / Miękka / 2017 / 128 str.
The aim of this paper is to show the efficiency of governmental interventions in financial crises to protect private households. Furthermore questions concerning the effects of governmental intervention instruments, for example fiscal policy, monetary policy or bail-out programs for financial and non-financial institutions will be outlined. What has to be taken in account measuring the influences of such public interferences in the markets or fiscal systems? First some basic terms concerning financial markets and the theoretical background will be explained. Keynesianism, neoliberalism, and the roots and development of those paradigms will be shown. Is the current paradigm of neoliberalism in a change progress and what alternatives are possible? Next the current financial crises will be explained from the beginning on. There are a few triggers of the current deep global financial crises, like asset backed securities, that will be demonstrated closer. Is the main reason for the crises a market or a state failure or both? Afterwards main points of the topic are outlined and explained.