Title:

Lessons of the Great Recession for the global economy and CEE countries

Group publication title:

Ekonomia XXI Wieku = Economics of the 21st Century

Title in english:

Lekcje Wielkiej Recesji dla gospodarki światowej i krajów Europy Środkowo-Wschodniej

Creator:

Szydło, Wiktor

Subject and Keywords:

Great Recession ; financial crisis ; global imbalances ; neoliberalism

Description:

Ekonomia = Economics, 2011, Nr 2 (14), s. 58-67

Abstrakt:

The scope and severity of recent financial crisis (dubbed “Great Recession”) could only be compared with the Great Depression of the 1930s. Yet, it is still not obvious whether recent financial and economic turmoil will prompt the same breakthrough in the discipline (triumph of Keynesian economics) and practice (New Deal). Before an implementation of any sensible reform one needs to learn the origins of the crisis. As they are most likely structural (inadequate institutions and growing income inequality, etc.), the article argues that there is a need for a paradigm shift in development theory and practice

Publisher:

Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu

Place of publication:

Wrocław

Date:

2011

Resource Type:

artykuł

Format:

application/pdf

Language:

eng

Relation:

Ekonomia = Economics, 2011, Nr 2 (14)

Rights:

Wszystkie prawa zastrzeżone (Copyright)

Access Rights:

Dla wszystkich w zakresie dozwolonego użytku

Location:

Uniwersytet Ekonomiczny we Wrocławiu