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This 2005 Human Development Report takes stock of human development, including progress towards the MDGs. Looking beyond statistics; it highlights the human costs of missed targets and broken promises. Extreme inequality between countries and within countries is identified as one of the main...
Persistent link: https://www.econbiz.de/10008467219
of trade with China became less friendly. Today, GDP in North Korea is reportedly lower than in 1990, notwithstanding a …
Persistent link: https://www.econbiz.de/10012203362
Orthodox and heterodox theories of financial crises are hereby compared from a theoretical viewpoint, with emphasis on their genesis. The former view (represented by the fourthgeneration models of Paul Krugman) reflects the neoclassical vision whereby turbulence is an exception; the latter...
Persistent link: https://www.econbiz.de/10009380295
This paper provides an overview of the evolution of macroeconomic thought from 1936, the year John Maynard Keynes published his general theory of employment, interest and money to the year 2010. It explores the reasons for the extension of the business cycle during the postwar period. The paper...
Persistent link: https://www.econbiz.de/10009293018
Many are currently studying the origins of the financial crisis in an attempt to answer two seemingly simple questions: why did it happen, and can another crisis be prevented? Those two questions have proved incredibly divisive. The majority opinion of The United States Financial Crisis Inquiry...
Persistent link: https://www.econbiz.de/10010868620
This paper analyzes the responses of the United States and the economies of the Economic and Monetary Union (EMU) to the financial and economic crisis of 2008–2009. The crisis illuminates the fundamental structural problems within the EMU, the European Union and the United States and the scale...
Persistent link: https://www.econbiz.de/10010868624
reduction in Chinese imports from the U.S. during the height of the U.S.-China trade war in 2018 and 2019. We infer non … than 90\% of the welfare cost to Chinese consumers of the U.S.-China trade war. The welfare loss to China of a given …
Persistent link: https://www.econbiz.de/10013361973
This paper analyzes the causes and implications of recent financial crises. Financial crises in general lead to changes in both theory and practice of economics. The paper takes an historical overview. The global consensus of economic theory during the 20th century is discussed. The paper...
Persistent link: https://www.econbiz.de/10009145755
The research in this paper is focus on macroeconomic analysis of trade and other relevant indicator for real economy … such as government net debt, exchange rate, interest rate, and especially the correlation between trade and growth. Today … trade is challenge for economists of small developing countries. The mail goal in this paper is theoretical analysis of some …
Persistent link: https://www.econbiz.de/10009151295
was a modernizing movement, a radical alteration of the production-trade system, composition and population distribution …
Persistent link: https://www.econbiz.de/10008756507