The Dangerous Return of Keynesian Economics--Five Years On

March 2014
Quadrant Magazine;Mar2014, Vol. 58 Issue 3, p23
The article discusses the challenges and the impact of the Keynesian economics to fight against the global financial crisis. It explores the efforts made by central banks through stimulus packages to stabilize the financial system at great speed. However, economic conditions have not showed reasonable rates of growth from subdued economies and higher unemployment due to some inevitable policy mistakes.


Related Articles

  • A Welcome Note from the Managing Editors.  // Journal of International Business & Economics;2010, Vol. 10 Issue 2, preceding p1 

    No abstract available.

  • A Welcome Note from the Managing Editors. Gnepa, Tahi J.; Radovilsky, Zinovy; Ussahawanitchakit, Phapruke; Alkhathlan, Khalid // Journal of International Business & Economics;2010, Vol. 10 Issue 3, preceding p1 

    No abstract available.

  • Tareas del cambio ante la crisis económica global y del paradigma universal del desarrollo. Haro, Eduardo Pérez // Cotidiano - Revista de la Realidad Mexicana;jul/ago2012, Vol. 27 Issue 174, p103 

    No abstract available.

  • The Myth of Growth. Bayer, Alexei // Research;Oct2010, Vol. 33 Issue 10, p69 

    The article focuses on the condition of economic growth in the U.S. after the global financial turbulence and its misconception issues. According to the author, several Keynesians and conservatives have strongly believe on economic development. Meanwhile, it cites the efforts of President Barack...

  • Preserving Macrofinancial Stability in Serbia: Past Legacies, Present Dilemmas and Future Challenges. Gardó, Sándor // Financial Stability Report (Oesterreichische Nationalbank);Jun2011, Issue 21, p79 

    In the course of the boom years from 2004 to 2008, Serbia accumulated sizeable macro-financial imbalances, which made the country vulnerable to external shocks during the global crisis and rendered the process of crisis management more complex. As these vulnerabilities materialized, Serbia had...

  • MONETARY POLICY FRAMEWORKS AND THE ROLE OF CENTRAL BANK IN THE ECONOMIES OF CENTRAL AND EASTERN EUROPE. Šimić, Vladimir // Proceedings of the International Scientific Conference, Juraj Do;2011, p1044 

    This paper explores different monetary policy regimes and the role of the central bank in an economy. First, the brief review of monetary policy in developed market economies identifies the main elements of modern and successful central banking. This then allows an investigation of how the...

  • The Great Financial Crisis -- Three Years On. FOSTER, JOHN BELLAMY; MAGDOFF, FRED // Monthly Review: An Independent Socialist Magazine;Oct2010, Vol. 62 Issue 5, p52 

    The article discusses the global financial crisis that began in 2007. Though widely blamed on the subprime mortgage crisis in the United States, the recession is instead seen as the result of long-term structural factors in world capitalism, including declining economic growth rates, rising...

  • Beyond Keynesianism.  // Harvard International Review;Summer2009, Vol. 31 Issue 2, p14 

    The article discusses the need to implement a Keynesian type of globally coordinated fiscal stimulus to solve the issue of the large excess capacity to produce output as the main challenge of the global financial crisis. It recounts details related to how the financial crisis started, including...

  • TIME TO TOPPLE KEYNESIAN ECONOMICS. Smith, Peter // Quadrant Magazine;Sep2010, Vol. 54 Issue 9, p58 

    The article examines the potential collapse of the Keynesian economics. It discusses several factors that help sustain the belief held by Keynesian economists that spending drives the economy, including the influence of macroeconomic modeling and how economics is taught. It also explores the...


Read the Article


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

Try another library?
Sign out of this library

Other Topics