1. The International Economic Crisis -- 2. The Greek Crisis -- 3. Addressing the Crisis Through Support Packages and Memoranda -- 4. Changes in the Economy -- 5. The Social Impact of the Crisis -- 6. Change in Social Stratification in the Greece of Crisis (2009-2017) -- 7. Transformations in the...

Preface -- 1. The Interwar Economic Crisis in Comparative Research Perspective -- 2. Limits of the Possible for Economic Policy Choice -- 3. Protectionism: A Safe Haven or Missed Opportunity? -- 4. Proto-Fordism: Seizing the Moment under Democracy -- 5. Neomercantilism, Mark I, under...

Chapter 1. Creating an Epistemic Community: The Experience of the Villa Mondragone International Economic Seminar -- Chapter 2. Will the EU Grow Faster Than in the Past Decade After Covid-19? -- Chapter 3. Covid-19 and the Golden Rule of Social Distancing -- Chapter 4. The New European...

Starting in mid-2007, the global financial crisis quickly metamorphosed from the bursting of the housing bubble in the US to the worst recession the world has witnessed for over six decades. Through an in-depth review of the crisis in terms of the causes, consequences and policy responses, this...

This paper analyzes the effectiveness of the tax and transfer systems in the European Union and the US to act as an automatic stabilizer in the current economic crisis. We find that automatic stabilizers absorb 38 per cent of a proportional income shock in the EU, compared to 32 per cent in the...

Various countries have implemented transfer programs to individuals since the Covid-19 outbreaks. However, the extent to which such transfers alleviate economic recessions is unclear. This paper analyzes a South Korean program, which provided vouchers redeemable only at small local businesses....

Preface -- Chapter 1. Introduction: views on economic crises in the 21st century -- Chapter 2. A review of the history of the economy and its concepts: change is a constant -- Chapter 3. Keynes' and Minsky's macroeconomics -- Chapter 4. Outlook on the transformation of the market economy and its...

We collect new data to assess the importance of supply-side credit market frictions by studying the impact of financial sector recapitalization packages on the growth performance of firms in a large cross-section of 50 countries during the recent crisis. We develop an identification strategy...