In this paper we read Keynes’s “General Theory of Employment, Interest and Money” from the point of view of the main causes of the economic crisis in general and particularly the present world economic crisis. We compare Keynes’s approach to the crisis with the work of contemporary...

The globalization process at work in the world economy, and its "functional" intercontinental integration, makes the firm (transnational corporation) the most decisive factor in the world economy. This paper considers whether for a small transition-economy speedy globalization may be more...

In this paper we read Keynes’s General Theory of Employment, Interest and Money from the point of view of the main causes of the economic crisis in general and particularly the present world economic crisis. We compare Keynes’s approach to the crisis with the work of contemporary...

Today, the shock therapist have retreated, given the havoc that many feel they wreaked in Russia,but not only in Russia (see Solzenjicin). Bagwaty (2004) reminds us on Keynes work in 1933 of the danger of haste, citing the ironically enough the example of Russia moving towards socialism..." The...

Bosnia&Herzegovina is in the process of transformation from a previously self-managed economy to a modern market economy. The process has begun immediately after the Dayton Peace Accord was signed. The transition package was based on the "rules of the game "of the Washington Consensus. We...