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The financial and economic crisis brings to a reconsideration of macroeconomics: as it happened in the past, after the Great Crash of 1929 as well as after the Second World War and after the collapse of the Bretton Woods system in 1971 and the subsequent oil crisis. A brief critical survey of...
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The global COVID-19 pandemic caused a severe blow to the world economy, bringing the biggest economic downturn since … the economy. To withstand these shocks, most of the states started to use fiscal stimulus measures. The main purpose of … this paper is to present the effects that COVID-19 caused on the world economy, as well as to review Keynes's ideas …
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