![The Kiplinger Letter](http://s1.studyres.com/store/data/007823123_1-7771da739db035e122de73c22ca2d358-300x300.png)
Spanish growth remains strong ahead of PSOE primaries for party
... Our below-consensus forecast was based on the expectation of a stronger negative impact from cooling retail sales in Q1 2017, a good proxy for the overall consumer spending tracked in GDP statistics. Retail sales declined by 0.7% qoq in real terms, the first contraction since Q4 2013. This reflects ...
... Our below-consensus forecast was based on the expectation of a stronger negative impact from cooling retail sales in Q1 2017, a good proxy for the overall consumer spending tracked in GDP statistics. Retail sales declined by 0.7% qoq in real terms, the first contraction since Q4 2013. This reflects ...
the full text of the Speech
... Finally, the sooner the fiscal consolidation is undertaken and the reforms are implemented, the better, for both fiscal sustainability and for long-term growth. The primary fiscal surplus required to stabilise public debt on a sustainable basis is significantly higher in the long run than in an earl ...
... Finally, the sooner the fiscal consolidation is undertaken and the reforms are implemented, the better, for both fiscal sustainability and for long-term growth. The primary fiscal surplus required to stabilise public debt on a sustainable basis is significantly higher in the long run than in an earl ...
Central Bank Policy
... high inflation rates) CB can stimulate economic activity in the SR but this only causes inflation in the LR This is because of different slopes of the SRAS and LRAS Central banks focus on maintaining low inflation while stabilizing economic activity around Y* inflation targeting ...
... high inflation rates) CB can stimulate economic activity in the SR but this only causes inflation in the LR This is because of different slopes of the SRAS and LRAS Central banks focus on maintaining low inflation while stabilizing economic activity around Y* inflation targeting ...
A Macro-determination Model of Working Time and Research on Related Problems
... of the model, there is no significant linear relationship between the two and real working time. They cannot explain working time. In another words, the fluctuation in economic cycle and wage rate have no significant influence on working time. So propositions 1 and 4 are not correct. In normal labor ...
... of the model, there is no significant linear relationship between the two and real working time. They cannot explain working time. In another words, the fluctuation in economic cycle and wage rate have no significant influence on working time. So propositions 1 and 4 are not correct. In normal labor ...
Japan
... Critiques of Abenomics George Soros (investment guru)—”Japan’s monetary policy is bold but very risky; it may trigger a collapsing yen.” Prof. Kunio Okina (Kyoto Univ.)— “If deflation mind is dispelled but fiscal discipline is not secured, monetization of fiscal deficit will generate a serious dile ...
... Critiques of Abenomics George Soros (investment guru)—”Japan’s monetary policy is bold but very risky; it may trigger a collapsing yen.” Prof. Kunio Okina (Kyoto Univ.)— “If deflation mind is dispelled but fiscal discipline is not secured, monetization of fiscal deficit will generate a serious dile ...
Blu Putnam – Fed`s QE Meds May Hamper Economy`s Health
... require additional debt issuance. In a financial crisis, the banking system faced liquidity and/or solvency challenges because it was widely perceived as being vastly over-extended. In the face of a failing banking system, central banks can use their balance sheets to make loans to the banks to ease ...
... require additional debt issuance. In a financial crisis, the banking system faced liquidity and/or solvency challenges because it was widely perceived as being vastly over-extended. In the face of a failing banking system, central banks can use their balance sheets to make loans to the banks to ease ...
Don`t Copy the Nordic Model
... I am very happy to be in Slovakia, a country with an exciting history, and to be in beautiful Bratislava, which I visit for the first time. My only complaint may regard your historic record of having ice hockey players that were able to score too may goals against Sweden. I am happy to have been inv ...
... I am very happy to be in Slovakia, a country with an exciting history, and to be in beautiful Bratislava, which I visit for the first time. My only complaint may regard your historic record of having ice hockey players that were able to score too may goals against Sweden. I am happy to have been inv ...
Discussion of “Credit Spreads and the Severity of Financial Crises”
... • “Too low” - - depends on what the credit boom is about. • A crisis theory needs to incorporate the credit boom. – Preferred theory papers unsatisfactory. Threshold artificial, no credit boom. ...
... • “Too low” - - depends on what the credit boom is about. • A crisis theory needs to incorporate the credit boom. – Preferred theory papers unsatisfactory. Threshold artificial, no credit boom. ...
Asia-Pacific Outreach Meeting on Sustainable Development Financing
... The views expressed in the presentation/paper are those of the author(s) and should not necessarily be considered as reflecting the views or carrying the endorsement of the United Nations. This presentation/paper has been issued without formal editing. ...
... The views expressed in the presentation/paper are those of the author(s) and should not necessarily be considered as reflecting the views or carrying the endorsement of the United Nations. This presentation/paper has been issued without formal editing. ...
Supporting Standard (10)
... mitigated either by finding a replacement for the missing resources or by developing ways to increase economic productivity and energy efficiency so that more output is produced with less input. For example, in the late 1970s and early 1980s, the scarcity of oil was relieved by increases in both ene ...
... mitigated either by finding a replacement for the missing resources or by developing ways to increase economic productivity and energy efficiency so that more output is produced with less input. For example, in the late 1970s and early 1980s, the scarcity of oil was relieved by increases in both ene ...
UNIT 2
... exploit labor for profit. Another famous economist was John Maynard Keynes. In 1936 John M.Keynes broke from the classical tradition with the publication of “General Theory of Employment, Interest, and Money”. This British economist was primarily responsible for the early development of the income-e ...
... exploit labor for profit. Another famous economist was John Maynard Keynes. In 1936 John M.Keynes broke from the classical tradition with the publication of “General Theory of Employment, Interest, and Money”. This British economist was primarily responsible for the early development of the income-e ...
Remarks by Alicia Bárcena, Executive Secretary of ECLAC
... prevailed before the Great Recession) has been abandoned, hopefully for good. This dogmatic stance formed part of what Paul Krugman labeled the “Dark Ages” of macroeconomics —a period in which important teachings of the pioneers were forgotten. We should recover these ideas and use th ...
... prevailed before the Great Recession) has been abandoned, hopefully for good. This dogmatic stance formed part of what Paul Krugman labeled the “Dark Ages” of macroeconomics —a period in which important teachings of the pioneers were forgotten. We should recover these ideas and use th ...
Roots of a Permanent Crisis Propensity in our Contemporary World-system* Tamás Szentes
... of the world economy is a rather neglected issue in economic literature, except in such publications as blaming “Capitalism” in toto and in abstracto, i.e. without realistic alternatives. While most of economic theorists and those experts advising the policy makers focus, as “specialists”, so much o ...
... of the world economy is a rather neglected issue in economic literature, except in such publications as blaming “Capitalism” in toto and in abstracto, i.e. without realistic alternatives. While most of economic theorists and those experts advising the policy makers focus, as “specialists”, so much o ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: International Economic Cooperation
... rates, the massive shifts in the trade balance, and the explosive growth of debt among many of the developing countries. The increased interest in international economic cooperation also reflects the more fundamental changes in the world economy that have been evolving over a longer period of time. ...
... rates, the massive shifts in the trade balance, and the explosive growth of debt among many of the developing countries. The increased interest in international economic cooperation also reflects the more fundamental changes in the world economy that have been evolving over a longer period of time. ...
Document
... cost of Italian debt fell down to the lowest level since establishment of Euro zone, so the required rates exceeded critical limit of 7 %, which is deemed as unsustainable level. After strong buying of Italian debt by European Central bank, Italian 10-year bond yields for a short time returned to 6. ...
... cost of Italian debt fell down to the lowest level since establishment of Euro zone, so the required rates exceeded critical limit of 7 %, which is deemed as unsustainable level. After strong buying of Italian debt by European Central bank, Italian 10-year bond yields for a short time returned to 6. ...
VULNERABILITY TO EXTERNAL SHOCKS:THE CASE OF TURKEY
... of capital flows from outflow to inflow within a reasonably short time period. • Turkey was the fourth fastest growing economy in the world in 2010 at a rate of 8,9%. ...
... of capital flows from outflow to inflow within a reasonably short time period. • Turkey was the fourth fastest growing economy in the world in 2010 at a rate of 8,9%. ...
Why China is Kicking Butt?
... early reforms in the USSR under Lenin that were later terminated by Stalin. Public Education Has Been a Key Public Policy: Both countries have a large number of highly trained specialists, scientists, engineers, etc. China and India are major trading partners. India imports more from China than from ...
... early reforms in the USSR under Lenin that were later terminated by Stalin. Public Education Has Been a Key Public Policy: Both countries have a large number of highly trained specialists, scientists, engineers, etc. China and India are major trading partners. India imports more from China than from ...
Document
... In 1979, Mrs Thatcher was elected Prime Minister of the UK. At the time, the UK was experiencing double digit inflation, trades unions were powerful and there was a feeling British industry had become uncompetitive in the post war period. Mrs Thatcher introduced revolutionary economic policies which ...
... In 1979, Mrs Thatcher was elected Prime Minister of the UK. At the time, the UK was experiencing double digit inflation, trades unions were powerful and there was a feeling British industry had become uncompetitive in the post war period. Mrs Thatcher introduced revolutionary economic policies which ...
Market Matters - Old Mutual Multi
... shedding, plunging commodity prices, a food price spike, the worst drought in ...
... shedding, plunging commodity prices, a food price spike, the worst drought in ...
Discussion of paper: “Quantifying the Lasting Harm to the U.S.
... It is typical to dismiss the mid-20th century recoveries in real GDP, employment, and unemployment because of the obvious connection of those recoveries to World War II. But this dismissal seems overly glib to me for three reasons. First, in principle, the U.S. economy could have engaged in the same ...
... It is typical to dismiss the mid-20th century recoveries in real GDP, employment, and unemployment because of the obvious connection of those recoveries to World War II. But this dismissal seems overly glib to me for three reasons. First, in principle, the U.S. economy could have engaged in the same ...
Post–World War II economic expansion
![](https://commons.wikimedia.org/wiki/Special:FilePath/Suburbia_by_David_Shankbone.jpg?width=300)
""Golden Age of capitalism"" redirects here. Other periods this term may refer to are Gilded Age and Belle Époque.The post–World War II economic expansion, also known as the postwar economic boom, the long boom, and the Golden Age of Capitalism, was a period of economic prosperity in the mid-20th century which occurred, following the end of World War II in 1945, and lasted until the early 1970s. It ended with the collapse of the Bretton Woods system in 1971, the 1973 oil crisis, and the 1973–1974 stock market crash, which led to the 1970s recession. Narrowly defined, the period spanned from 1945 to 1952, with overall growth lasting well until 1971, though there are some debates on dating the period, and booms in individual countries differed, some starting as early as 1945, and overlapping the rise of the East Asian economies into the 1980s or 1990s.During this time there was high worldwide economic growth; Western European and East Asian countries in particular experienced unusually high and sustained growth, together with full employment. Contrary to early predictions, this high growth also included many countries that had been devastated by the war, such as Greece (Greek economic miracle), West Germany (Wirtschaftswunder), France (Trente Glorieuses), Japan (Japanese post-war economic miracle), and Italy (Italian economic miracle).