Abstract:We have just experienced the worst financial crash the world has seen since the Great Depression of the 1930s. While real economies in general did not crash as they did in the 1930s, the financial parts of the economy certainly did, or, at least, came very close to doing so. Hundreds of banks in the United States and Europe have been closed by their supervisory authorities, forcibly merged with stronger partners, nationalized or recapitalized with the tax payers' money. Banks and insurance companies had, by mi… Show more
“…12 Coyle 2014Stiglitz, Fitoussi andDurand 2018. 13 Garnaut andSmith 2009;Lybeck 2011. The OECD is a club of 36 mainly developed economies including Australia that undertakes shared research to enhance economic performance and social welfare.…”
with the support of the SUP team of Chelsea Sutherland and John Mahony, under the leadership of Dr Agata Mrva-Montoya.The 2023 edition was produced as a result of the care and attention of Susan Murray (Manager, academic publishing), Naomi van Groll (publishing manager) and Nathan Grice (production officer) at SUP.
“…12 Coyle 2014Stiglitz, Fitoussi andDurand 2018. 13 Garnaut andSmith 2009;Lybeck 2011. The OECD is a club of 36 mainly developed economies including Australia that undertakes shared research to enhance economic performance and social welfare.…”
with the support of the SUP team of Chelsea Sutherland and John Mahony, under the leadership of Dr Agata Mrva-Montoya.The 2023 edition was produced as a result of the care and attention of Susan Murray (Manager, academic publishing), Naomi van Groll (publishing manager) and Nathan Grice (production officer) at SUP.
“…In the USA US$11 trillion in household wealth and 8 million jobs were lost as the economy hit an annualized rate of decline in GDP of 6.2% in the last quarter of 2008 2 . In 2009, the USA GDP fell by 2.4 percent in 2009 and the UK GDP fell by 4.9 percent (LYBECK, 2011).…”
Section: Thus First What Currency War Is In Fact? 2 the Internationmentioning
How to deal with the impacts of the exchange rate on the trade balance of Brazil? There is not a single answer to such question. In order to find out some legal approaches for this matter, this paper aims to describe and analyze the role of the IMF, WTO and the governments of Brazil and the United States on the currency misalignments, especially the extraterritorial effects of such misalignment on the Brazil's bilateral trade with the United States. The article concludes that the Currency Swap Agreements and other bilateral solutions may minimize the distortions that the Brazilian balance of payment against the USA is carrying, due to the lack of legal solutions for the problem of the exchange rate misalignments that Brazil is facing.
“…60. Framstillingen som følger, bygger hovedsakelig på Lybeck, 2011og Tooze, 2018. Svakere vestlige økonomier som Ukraina, Ungarn og Latvia ble derimot rammet langt hardere.…”
The bad, the good and the ugly En komparativ analyse av fordelingseffekter av de norske bankkrisene på 1920-tallet og 1990-tallet og bankkrisene under den globale krisa på 2000-talletThe bad, the good and the ugly.
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