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To save Americaindeed, the global economy as a wholethe private/public sector balance has to shift, and the neoliberal economic model on which the country has been based for the past 25 years has to be modified. The role of the state needs to be reemphasized. The abandonment of a mixed economy...
Persistent link: https://www.econbiz.de/10003859876
Widespread economic recessions and protracted financial crises have been documented as setting back gender equality and other development goals in the past. In the midst of the current global crisisoften referred to as the Great Recessionʺthere is grave concern that progress made in poverty...
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The enormity and pervasiveness of the global economic crisis that began in 2008 makes it relevant to analyze the circumstances that can explain this catastrophe. This will also provide clues to the appropriate remedial measures needed to prevent future occurrences of similar developments. The...
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Regulatory forbearance and government financial support for the largest U.S. financial companies during the crisis of 2007–09 highlighted a “too big to fail” problem that has existed for decades. As in the past, effects on competition and moral hazard were seen as outweighed by the threat...
Persistent link: https://www.econbiz.de/10003975091
The failure of the Doha Development Round of World Trade Organization (WTO) negotiations in July 2006 was the first major collapse of a multilateral trade round since World War II. Research Associate Thomas Palley sees the failure as an event that could mark the close of a 60-year era of trade...
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