<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1870-1442</journal-id>
<journal-title><![CDATA[Ola financiera]]></journal-title>
<abbrev-journal-title><![CDATA[Ola financ]]></abbrev-journal-title>
<issn>1870-1442</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional Autónoma de México, Instituto de Investigaciones Económicas]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1870-14422016000300003</article-id>
<article-id pub-id-type="doi">10.22201/fe.18701442e.2017.25.57733</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Economía política de la Banca de Sombra]]></article-title>
<article-title xml:lang="en"><![CDATA[The political economy of Shadow Banking]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Marshall]]></surname>
<given-names><![CDATA[Wesley C.]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Autónoma Metropolitana  ]]></institution>
<addr-line><![CDATA[Iztapalapa ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2016</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2016</year>
</pub-date>
<volume>9</volume>
<numero>25</numero>
<fpage>80</fpage>
<lpage>108</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1870-14422016000300003&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1870-14422016000300003&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1870-14422016000300003&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este artículo examina varios elementos de la teoría económica con respecto al dinero y los bancos a través de la historia reciente del sistema bancario de sombra (SBS). Se argumenta que el pánico financiero mundial de 2007- 2009 ha obligado a la economía del mainstream a deshacerse de algunos de sus axiomas con respecto al dinero, la banca y la crisis, aunque manteniendo otros al mismo tiempo. En concreto, las afirmaciones de la doctrina neoliberal que los bancos no pueden crear dinero de la nada y que no pueden crear crisis, han sido rechazadas por miembros prominentes de la comunidad financiera y se han demostrado falsas por el crecimiento y colapso de la SBS. La actual gran crisis puede ser, por tanto, entendida tanto como una crisis de la SBS en su seno operativo, y también de la teoría neoliberal que logró convencer a los reguladores permitir que la SBS existiera.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This article examines several elements of economic theory regarding money and banks through the recent history of the shadow banking system (SBS). It argues that the global financial panic of 2007- 2009 has forced the mainstream position to jettison some of its axioms regarding money, banking, and crises, while still maintaining others. Specifically, the claims of neoliberal doctrine that banks cannot create money out of nothing and that they cannot create crises, have been rejected by prominent members of the financial community and have been proven false by the growth and collapse of the SBS. The current Great Crisis can be therefore understood as both a crisis of the SBS at its operational heart, and also the neoliberal theory that convinced regulators to allow the SBS to exist.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[Sistema Bancario de Sombra]]></kwd>
<kwd lng="es"><![CDATA[Dinero]]></kwd>
<kwd lng="es"><![CDATA[Crisis]]></kwd>
<kwd lng="en"><![CDATA[Shadow Banking System]]></kwd>
<kwd lng="en"><![CDATA[Money]]></kwd>
<kwd lng="en"><![CDATA[Crisis]]></kwd>
</kwd-group>
</article-meta>
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