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of stagnation or low growth. Comparative case studies of the Great Depression, the Latin American debt crisis of the 1980 … prosperity for a long time? The main conclusion is that stagnation after big financial crises becomes likely when the balance …
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This paper argues that the re-emergence of stagnation tendencies in modern capitalism can be related to … Eurozone and its main member countries, imposes an aggregation problem on the global economy and thus contributes to stagnation …
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Eurozone can be seen as a version of what Steindl (1979) had called 'stagnation policy'. To underline this argument, I will … provide a simple Steindlian distribution and growth model in order to identi-fy the main channels through which stagnation … policy affects accumulation and productivity growth. This will also provide a set of elements of a Steindlian anti-stagnation …
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This article addresses Japan's economy, its new economic policy package, which is known as Abenomics. The centerpiece of Abenomics has been the three "economic arrows" targeted at aggressive monetary policy, flexible fiscal policy, and growth strategy. This article focuses on Abenomics and shows...
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