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The aftermath of the global financial crisis of 2007-2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to developed economies to...
Persistent link: https://www.econbiz.de/10013130000
In this paper the euro crisis is interpreted as the latest episode in the crisis of finance-dominated capitalism. For 11 initial Euro area countries, the major features of finance-dominated capitalism are analyzed; specifically, the increasing inequality of income distribution and the rising...
Persistent link: https://www.econbiz.de/10013089794
In this paper the euro crisis is interpreted as the latest episode in the crisis of finance-dominated capitalism. For 11 initial Euro area countries, the major features of finance-dominated capitalism are analyzed; specifically, the increasing inequality of income distribution and the rising...
Persistent link: https://www.econbiz.de/10009631541
the U.S. government to the coronavirus pandemic. An analysis of current government policies addressing this short … down the road. We conjecture that the combination of expansionary macroeconomic policies preceding the coronavirus pandemic …. In other words, the start of the Coronavirus pandemic coincided with the macroeconomic phenomenon known as demand …
Persistent link: https://www.econbiz.de/10013220190
COVID‐19 pandemic in Italy is accompanied by an epochal economic crisis. One wonders what the real extent of the economic crisis is, what its consequences in the medium and long term, what the governmental interventions mean and how effective economic policies, implemented and announced, are....
Persistent link: https://www.econbiz.de/10012837230
The aim of this paper is to examine the economic policy response to the COVID-19 crisis in Poland. The paper investigates the rationale for the economic policy tools implemented, their costs, and potential consequences for the Polish economy. The analysis concentrates on the initial phase of the...
Persistent link: https://www.econbiz.de/10013226640
In last decade, the world economy has seen a twin glut in which a commodity glut depressed commodity prices and export values since 2014, while a liquidity glut boosted equity values and capital flows, creating a new reality in which net capital inflows for most countries and regions now surpass...
Persistent link: https://www.econbiz.de/10013251622
The concept of "the crisis after the crisis" recently introduced in the academic debate refers to the fact that, since the outbreak of the health crisis generated by SARS-CoV-2, the pandemic has had a major impact on all economic, social, political and cultural activities of the daily life,...
Persistent link: https://www.econbiz.de/10012939715
Persistent link: https://www.econbiz.de/10013163478
Persistent link: https://www.econbiz.de/10012822767