Financial crisis brought to the fore the fierce confrontation between Keynes disciples and Friedman disciples, between demand siders and supply siders, between Obama’s policies focused on economic growrh and EU austerity policies focused on deficit and debts reduction. Monetary policy...

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The first important economic recession in this century started in USA with the burst of real estate bubble followed by the bankruptcy of some investment and commercial banks and the collapse of capital market. The financial-banking crisis spilt over the world economy and caused the second...

In order to support the economic growth and empolyment in EU European institutions have launches ambitious initiatives for a reindustrialization process based on new technologies and green energies. The aim is to increase the share of processing industry in GDP from 15.1% in 2013 to 20% in 2020...

Financial crisis led to a sovereign debt crisis due to high deficits accumulated before the crisis and also due to large bail out programs for commercial banks. Besides the reform of EU economic governance, austerity policies were imposed at national level under Troika control, especially for...