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This paper primarily aims to capture the changing patterns of consumption expenditure of three broad classes, namely, the ‘upper’ ‘middle’ and ‘bottom’ classes in the rural and urban India. In contrast to what is generally held that differences in consumption of necessaries across...
Persistent link: https://www.econbiz.de/10009418507
The article discusses consumption as a social process that is a part of social provisioning and is in an evolutionary interplay with other social processes. The discussion is grounded in, but is not limited to the contributions of Thorstein Veblen. The first section delineates social...
Persistent link: https://www.econbiz.de/10011259910
, there is no class formation within the West African peasantry. However, these conclusions may rather reflect … misinterpretations of the class concept than the actual situation of the peasants. A critical review of common misinterpretations of the … historic-materialist class concept lays the base for the proposition of a new methodology for an analysis of the Nupe peasantry …
Persistent link: https://www.econbiz.de/10005622095
the Great Depression of the 1930s, suggesting that the current recession is the worst since the 1930s. This recession … should be called the superlative recession because discussions invariably refer to the most dismal performance since the … has offered new possibilities for an end to the deepening recession, but its continuation remains in doubt because it is …
Persistent link: https://www.econbiz.de/10005837522
-dip recession of the Cypriot economy. We analyze determinants such as “tax haven” status, interlinks with the Greek economy … one quarter. Taking into consideration all these factors, we conclude that the „W”-shaped recession of the Cypriot economy …
Persistent link: https://www.econbiz.de/10011257733
economic recession is only qualitative, so it does not enable identifying recession unequivocally. Another often used … ‘technical definition’ of a recession takes into account only quarter-to-quarter changes in real GDP without considering changes … in population, so in some cases economy can be in recession while real GDP per capita is actually increasing, and vice …
Persistent link: https://www.econbiz.de/10011258111
In this article recession magnitudes in Europe, the USA and Japan during the Great Recession are compared. The … significantly weaker. Even the strongest recession (in Latvia) was found smaller in its magnitude than the Great Depression 1929 …-1933 in the USA. Hence, comparisons of the Great Recession to the Great Depression in the literature are somewhat exaggerated. …
Persistent link: https://www.econbiz.de/10011258149
The overall economic situation of the world is facing a threat with a deep and prolonged recession as the consequence …
Persistent link: https://www.econbiz.de/10011258593
disclose the pattern of a typical period of economic recession. Hence, we focused our analysis on several of the most …
Persistent link: https://www.econbiz.de/10011258702
-deep” recession). Over the last 64 years (from 1948), all 6 maximums of the solar activity were preceded by minimums of the US … rate in the G7 countries, followed by its spikes within 2-3 years. From 1965, when consistent recession dating is available …
Persistent link: https://www.econbiz.de/10011259636