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Inequality and growth : Marxian and post-Keynesian/Kaleckian perspectives on distribution and growth regimes before and after the Great Recession
Hein, Eckhard - 2018
The re-distribution of income from labour to capital, from workers to top-managers, and from low income households to the rich has been an important feature of financedominated capitalism since the early 1980s. After the Great Financial Crisis and the Great Recession in 2007-9, the recovery has...
Persistent link: https://www.econbiz.de/10011790517
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Growing Protectionism After The Financial Crisis : What is the Evidence?
Wiberg, Magnus; Wallen, Fabian - 2021
The weak global GDP growth since the financial crisis in 2007-2009 has coincided with unusually weak growth in global trade. Organisations that monitor international macro-economic development have identified growing protectionism – not least the increase in non-tariff barriers to trade, such...
Persistent link: https://www.econbiz.de/10013224809
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Are crises good for long-term growth? : The role of political institutions
Cavallo, Alberto F. (contributor);  … - 2008
opportunities to enhance long-term output per capita and productivity growth. -- financial crises ; democracy ; political …
Persistent link: https://www.econbiz.de/10003778791
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Does excessive sovereign debt really hurt growth? : A critique of This time is different, by Reinhart and Rogoff
Nersisyan, Yeva; Wray, L. Randall - 2010
The worst global downturn since the Great Depression has caused ballooning budget deficits in most nations, as tax revenues collapse and governments bail out financial institutions and attempt countercyclical fiscal policy. With notable exceptions, most economists accept the desirability of...
Persistent link: https://www.econbiz.de/10003975102
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Does Excessive Sovereign Debt Really Hurt Growth? A Critique of 'This Time is Different', by Reinhart and Rogoff
Nersisyan, Yeva - 2013
The worst global downturn since the Great Depression has caused ballooning budget deficits in most nations, as tax revenues collapse and governments bail out financial institutions and attempt countercyclical fiscal policy. With notable exceptions, most economists accept the desirability of...
Persistent link: https://www.econbiz.de/10013083044
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This time is different : eight centuries of financial folly
Reinhart, Carmen M.; Rogoff, Kenneth S. - 2009
Persistent link: https://www.econbiz.de/10003846403
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Transmission channels of the global economic crisis : micro evidence for Macedonia
Jovanovikj, Biljana; Georgievska, Ljupka - In: Journal of contemporary economic and business issues 2 (2015) 1, pp. 5-20
The 2008-2009 global recession, which originated in developed economies, has rapidly spilled over worldwide, hitting different economies with various intensity. The Macedonian economy was not an exception - the export sector suffered heavily, expectations deteriorated and household consumption...
Persistent link: https://www.econbiz.de/10011533889
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Transmission channels of the global economic crisis : micro evidence for Macedonia
Jovanovikj, Biljana; Georgievska, Ljupka - 2013
The 2008-2009 global recession, which originated in developed economies, has rapidly spilled over worldwide, hitting different economies with various intensity. The Macedonian economy was not an exception - the export sector suffered heavily, expectations deteriorated and household consumption...
Persistent link: https://www.econbiz.de/10011671841
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Trade, governance and income convergence in the European Union : evidence on the "theory of relative backwardness"
Jena, Devasmita; Barua, Alokesh - In: Research in globalization 2 (2020), pp. 1-11
the Union by deriving benefits from the integration. There are proliferation of studies showing that convergence indeed … the world) and government expenditure in explaining per capita income convergence in the EU during the period of 1995 … capita income convergence in an open economy. The major finding of this paper is that policy intervention in the form of …
Persistent link: https://www.econbiz.de/10012485951
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Growth in European crisis countries : cyclical normality or the result of structural reforms?
Hielscher, Kai - In: Review of economics 67 (2016) 1, pp. 1-23
Persistent link: https://www.econbiz.de/10011551201