Abstract
This paper examination of the "objective roots" of the crisis, tracing how legal and economic frameworks within various schools of thought have historically addressed—or failed to mitigate—systemic failures. A significant and provocative aspect of the study is its analysis of the relationship between economic crises and war. It scrutinizes the historical tendency to characterize conflict or military expansion as a "solution" to economic stagnation or collapse, examining the ethical and legal implications of such perspectives. By synthesizing economic theory with legal analysis, the author aims to provide a comprehensive understanding of the mechanisms that lead to global financial volatility. The paper concludes by emphasizing the need for a shift in economic policy and international legal standards to address the fundamental causes of crises, rather than relying on destructive external interventions like war to rebalance global markets.
DOI
10.33095/jeas.v15i56.1259
Subject Area
Economics
First Page
101
Last Page
118
Recommended Citation
Fattah, A. M. (2009). The Global Financial Crisis and the Role of War and Its Characterization as Solutions "the Objective Roots and the Legal Possibility of the Crisis in Economic Thought". Journal of Economics and Administrative Sciences, 15(56), 101-118. https://doi.org/10.33095/jeas.v15i56.1259
