La formación de burbujas especulativas y la crisis financiera: teoría y políticas de prevención
Resumen
Durante las últimas tres décadas, las crisis financieras han sido fenómenos cada vez más recurrentes, profundos y de mayor magnitud. Los resultados sociales de las mismas han sido devastadores en términos de desarrollo y desigualdad económicos. En este contexto, el presente trabajo tiene por objetivo conceptualizar sobre la formación de las burbujas especulativas y su relación con crisis financieras, exponiendo las principales teorías e ideas entorno a dichos fenómenos. La hipótesis que se desprende de este análisis es que, la formación de burbujas especulativas y crisis responde a la naturaleza del sistema de mercado. Dada la trascendencia que entrañan, tanto las crisis como las burbujas especulativas, se proponen algunas políticas de prevención y regulación con miras a una reforma del sistema financiero que fomente el crecimiento económico, disminuyendo la incertidumbre tanto a nivel nacional como a nivel internacional.
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