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In Q3 2020, the pace of economic recovery in many countries turned out to be higher than expected. However, this growth only in part offset the deep recession that had been observed in Q2. In the majority of countries, output is well below its pre-crisis levels. The “second wave” of the...
Persistent link: https://www.econbiz.de/10013248365
In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed … remedies. We show that the "institutional sclerosis" view of Germany's stagnation is unfounded and that therefore the political …
Persistent link: https://www.econbiz.de/10003744530
autonomous growth driver, though with a declining trend over time. The examination of the structural underpinnings of Germany …
Persistent link: https://www.econbiz.de/10015078677
The growth surge produced by East Asian newly industrialised nations since 1970s has been a central theme of research and debate amongst many social scientists and policy makers. From an “institutionalist” perspective, the idea of “development state” was theorised to explain this “East...
Persistent link: https://www.econbiz.de/10014139331
This paper surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, within the current context, important research that paved the way for PKI. It then...
Persistent link: https://www.econbiz.de/10013106326
This paper surveys the context and contours of contemporary Post-Keynesian Institutionalism (PKI). It begins by reviewing recent criticism of conventional economics by prominent economists as well as examining, within the current context, important research that paved the way for PKI. It then...
Persistent link: https://www.econbiz.de/10009535550
Taiwanese enterprises are efficiently producing a great deal of goods they had no experience in at all a few years ago. Moreover, in modern economies an increased utilisation of more and more advanced technologies as well as the more intensive use of physical and human capital can be observed....
Persistent link: https://www.econbiz.de/10014060329
” — the Poincaré miracle in France, the Erhard miracle in postwar Germany, the Mauritius miracle, the Bolivian miracle, and so …
Persistent link: https://www.econbiz.de/10012950642
The favourable course of the pandemic from early March onwards prompted the Chinese government to gradually ease the most stringent measures taken to fight COVID-19 that had been in force since January, relaxing confinements at home and the restrictions on both mobility and the pursuit of...
Persistent link: https://www.econbiz.de/10013241254
This paper briefly describes some features of the situation of the Spanish economy after five years of crisis, a task which is easier now that this period can be analyzed from a certain perspective. The crisis prompted a substantial readjustment of the main Spanish macroeconomic aggregates,...
Persistent link: https://www.econbiz.de/10013061497