Titlebook: Contemporary Issues in Macroeconomics; Lessons from The Cri Joseph E. Stiglitz (University Professor),Martin G Book 2016 The Editor(s) (if

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Great Recession and Beyond: Revisiting the Pillars of Economic Thoughts of 2007, as mostly a routine financial turbulence, the crisis conditions accelerated slowly, to turn into a prolonged “great recession”. What is more revealing in this conjuncture is that the current crisis had not been initiated in the so-called emerging markets of the global periphery, but erupt

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Is Financial Stability Possible in the Current International System? flows that has been a hallmark of the last quarter-century has the potential to promote trade and economic growth, but it has not yet done so in a sustained and beneficial way. A wave of financial crises has undone much of the benefit, with increasingly broad and deep effects. The question that thi

crescendo

The Measurement of Wealth: Recessions, Sustainability and Inequality assess economic sustainability and the impacts of an economic downturn. These measurement problems have, in turn, led to confusion concerning the interpretation to be given to the dramatic increase in the wealth-output ratio in recent decades.

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Achieving Coherence Between Macroeconomic and Development Objectivesto a new norm of fiscal austerity, high unemployment, and, in the case of Europe, economic stagnation. With fiscal policy orientated around austerity it is the central banks—the Federal Reserve (the Fed), the Bank of England (BOE) and the European Central Bank (ECB)—that remain the only macroeconomi

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META

The Practice and Theory of Unconventional Monetary Policylobal financial crisis triggered by the collapse of Lehman Brothers, the Federal Reserve (Fed) and the Bank of England (BOE) introduced unconventional monetary policy measures such as .and ., which in turn has given rise to a growing body of theoretical research on these measures.