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The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...
Persistent link: https://www.econbiz.de/10005836969
mortgage crisis had its origins, like many earlier banking crises, in a boom-bust economic cycle. Grossman finds that important …
Persistent link: https://www.econbiz.de/10011241752
Every bigger economic crisis, as the current one, leaves behind a huge material damage to the world economy, and to … the economic cycle. The crisis reshapes the world economic map. Market forces are not in the same geographical borders as … in the incoming distribution of world markets. Finally, the crisis showed that a stabile economic growth may not be …
Persistent link: https://www.econbiz.de/10011258438
Every bigger economic crisis, as the current one, leaves behind a huge material damage to the world economy, and to …, Bulgaria and Montenegro) during pre-global economic crisis was based mainly on foreign demand and capital inflows which created … external shocks. But, the crisis reshapes the world economic map. Competition on world markets gets new forms and players. The …
Persistent link: https://www.econbiz.de/10011259251
This paper presents evidence that public debts in the advanced economies have surged in recent years to levels not recorded since the end of World War II, surpassing the heights reached during the First World War and the Great Depression. At the same time, private debt levels, particularly those...
Persistent link: https://www.econbiz.de/10008925708
The financial crisis revealed flaws in pre-crisis policy frameworks. Particular gaps included the failure of monetary … manoeuvre in event of a crisis. During the crisis, the clear pre-crisis assignments of policy instruments to objectives became … exit from the crisis, policy decisions continue to be made in an environment of high uncertainty. In the near term …
Persistent link: https://www.econbiz.de/10009003058
India's development challenges. The India growth story was thrown off track by the global financial crisis which … engulfed virtually every country in the world. We recovered from the crisis sooner than other countries, but the growth rate is … yet to reach the pre-crisis level. There is widespread anxiety that we may have got derailed from the high growth …
Persistent link: https://www.econbiz.de/10009370979
crisis of 2008 are evaluated through impulse-response functions, parsimonious models, and out of sample forecasts. Impulse … of the Brazilian economy consequently lessened the effect of the crisis when compared with previous crisis episodes. …
Persistent link: https://www.econbiz.de/10009318855
The re-launching of the Romanian economy in the context of the world economic crisis can be implemented by using a set … all the actors that define the structure of the economic environment. The application and enforcement of the needed anti-crisis …
Persistent link: https://www.econbiz.de/10008773549
Financial crisis led to a sovereign debt crisis due to high deficits accumulated before the crisis and also due to …
Persistent link: https://www.econbiz.de/10010700077