TITLE

PUBLIC POLICIES AND ECONOMIC CRISES

AUTHOR(S)
Jula, Octavian
PUB. DATE
January 2010
SOURCE
Interdisciplinary Management Research;2010, Vol. 6, p335
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The paper will analyze in which way and what is the overall impact of the public policies can and should be applied governments or local responsibilities in order to fight against macroeconomic disequilibrium's. From all the major three economic policies, pubic spending policy, fiscal policy and monetary policy, each has a special role and has a sudden or a longer time in which results should appear. Only one single public policy cannot correct market private failures. We cannot find one economic model that can be applied in economics in order to avoid or to surpass economic crises. A mixture of all public policies can be the solution for national economies and a classical liberal view at international level. Should financial policy become a goal of the public policy makers? Or by using public spending policy governments should achieve a lower rate of unemployment? The crises in financial systems that have occurred have demonstrated the linkage between financial stability and the health of the economy. We must say that the forces which shape public policies in periods of economic crisis tend to be different in character from the major determinants of policy-making in periods of prosperity. So that we must analize if between the causes of economic and financial crisis are also some causes from the public sector economy and if it is possible to make the dissapear or at least to be fewer. We must ensure that all the data's will be influenced by the level of how much an emergent economy id depending on trade with developed countries. If at national level public policies can modify the economic environment a free trade phenomenon cand be the solution for decreasing disparities and lowering posibilities of wide economic crisis.
ACCESSION #
54404427

 

Related Articles

  • The Transformation of Institutions of the European Union towards a Stronger Common Economic Policy. Sapurik, Zoran; Kostovski, Ninko; Klisarovska, Elena // Papers from the 7th Annual Conference on European Integration: E;2012, p273 

    Recent developments in the European Union in the field of economic policy show the need for redefinition of certain aspects of the common activities. The consequences of uncoordinated government spending and fiscal and monetary activities in the member states are evident. It led to large budget...

  • BMI Research: Emerging Markets Monitor: Brazil's New Cabinet: All Eyes On Monetary Policy.  // Emerging Markets Monitor;11/29/2010, Vol. 16 Issue 33, p12 

    The article presents an outlook for Brazilian monetary policy for 2010. The three major pillars underlying Brazil's macroeconomic stability are inflation targeting, a floating exchange rate and fiscal responsibility. It expects a moderate but unspectacular consolidation for fiscal policy as a...

  • Recent developments on money and finance: an introduction. Camera, Gabriele // Economic Theory;Nov2004, Vol. 24 Issue 4, p727 

    This section introduces a series of articles, which span a variety of themes, from monetary policy to the optimal design of financial systems, from the study of the causes of financial crises to payments system design. The papers are organized into two groups. A first group focuses on topics...

  • Macroeconomic management.  // OECD Economic Surveys: Hungary;Jun2002, Vol. 2002 Issue 10, p45 

    Explores how Hungary is managing its macroeconomic performance. Impact of its monetary policy on inflation rate; Implications of the country's accession to the European Union for its fiscal policy; Appreciation of the exchange rate.

  • Monetary Policy and Asset Price Bubbles. Rudebusch, Glenn D. // FRBSF Economic Letter;8/5/2005, Vol. 2005 Issue 18, p1 

    Examines how policymakers might choose between alternative courses of action when confronted with a possible asset price bubble. Proposed general monetary policy responses to movements in an asset price; Choosing between the Standard and Bubble policies; Adverse macroeconomic consequences of...

  • II. Macroeconomic policies.  // OECD Economic Surveys: Sweden;Jun2002, Vol. 2002 Issue 14, p41 

    Addresses some of the key issues involved in macroeconomic policies in Sweden. Background factors influencing monetary conditions; Impact of the implementation of monetary policy in 2001 and early 2002; Objectives guiding fiscal policy. INSETS: Reform to the financing of childcare...

  • Regulation and Monetary Policy Present Challenges and Opportunities for Collateral Movement. Safane, Jake // Global Custodian News;2013, p82 

    Since the financial crisis, total pledged collateral has fallen and the velocity, or re-use, of collateral has also dropped, which has a negative effect on overall financial market lubrication. Going forward, monetary policy and regulation will further alter the collateral landscape providing...

  • Operatoria de política monetaria y regulación macroprudencial. Aguilar, Jean François Clevy // Boletín del CEMLA;jul-sep2011, Vol. 57 Issue 3, p117 

    No abstract available.

  • ESTABILIDAD FINANCIERA Y POLÍTICA MACROPRUDENCIAL. Xiaoyong Wu; Moura, Ricardo; Saurina, Jesús; López-Gallo, Fabrizio // Revista de Economia;May2012, Vol. 19 Issue 1, p7 

    From the point of view of the system regulation and supervision, the recent financial crisis has made clear the need of working with a macroprudential perspective, where systemic and contagious risks are part of the analysis and a basic commplementary device for microprudential supervision,...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics