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The paper discusses the possible economic consequences of the financial crisis from a (Post)Keynesian point of view. It examines the forthcoming depressive mechanisms, including the orthodox reactions of monetary and fiscal authorities, in the vein of those inferred in Europe by the mandate of...
Persistent link: https://www.econbiz.de/10008794314
The paper states that, although Post Keynesian interest rules may be feasible and sustainable in favourable circumstances, there is a shared difficulty as for the setting of long-term interest rates in a context of strong uncertainty and shifting liquidity preference. According to Keynes theory...
Persistent link: https://www.econbiz.de/10008794750
The aim of this paper is to evaluate the economic consequences on the countries that on one hand protect themselves from future financial crises by accumulating international reserves (IR) while on the other hand expose themselves to severe financial crisis due to their excessive internal and/or...
Persistent link: https://www.econbiz.de/10010899523
suppliers and customers. Our communication will focus on knowledge, labour markets and work in the context of Thailand. Thailand … viability of these scenarios in Thailand. We start with a short analysis of the state of science, technology and education in … Thailand (section 1). The conclusion is that formal knowledge is lagging behind and that improvements will take time. The …
Persistent link: https://www.econbiz.de/10008791196
developed countries for its impact on employment, wages and the welfare state, is not an issue at stake in Thailand for the … revolution and knowledge will impact Thailand in the near future because they are shaping a new international division of labour … as the “taylorist” division of labour”. Thailand has benefited for decades from the “taylorist” division of labour to …
Persistent link: https://www.econbiz.de/10008792410
profiles in Thailand over 1990-2008 ; review of methodologies low carbon scenario The conclusion will address the rationale for …
Persistent link: https://www.econbiz.de/10010821436
Malaysia has a total capacity pulp and paper production at over 1 million T/year. The country is a net importer of pulp … “Asian crisis” in 1997, as much as the softening of the economy following the September 11th, 2001 event. No paper mill was … fibres as the use of recycled paper is growing in Malaysia. As for the other wood-based Malaysian industries, further …
Persistent link: https://www.econbiz.de/10008791787
advantage in maximizing the resources in fulfilling the world demand. Given performance of Malaysia on timber exports, this …
Persistent link: https://www.econbiz.de/10008793967
The purpose of this paper is to verify experimentally the possibility and the degree of persistence of a self-fulfilling bank panic. Furthermore, we test various means to prevent or to curb it: the suspension of deposit convertibility, the "narrow banking" solution. We confirm the possibility of...
Persistent link: https://www.econbiz.de/10008790990
The academic literature has regularly argued that market discipline can support regulatory authority mechanisms in ensuring banking sector stability. This includes, amongst other things, using forward-looking market prices to identify those credit institutions that are most at risk of failure....
Persistent link: https://www.econbiz.de/10008794740