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The International Economic Crisis and the Crisis of Economics

The World Economy, 2012
AbstractThe objective of this paper is to explore the correlation between the recent economic crisis and economic science and demystify the dogmatic conflict surrounding them. The paper starts by summarising the various arguments against economic science and economists, considered by many to be responsible for the crisis.
Angelos Kotios, George Galanos
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Economic Crisis — Innovation Crisis — Management Crisis?

1995
It is a great honor and pleasure to have been invited to this working conference. Heinz Hubner has given me the assignment to offer “food for thought and work” for the consecutive workshops, and I will try to fulfill this request by offering my view on some trends and problems which have become visible over the last few years in our economy.
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Economic crisis and educational crisis: Looking ahead

Prospects, 1986
The worldwide economic crisis has now been with us for a good ten years and, for many countries, the end of the tunnel is not yet in sight and is probably a long way off. So what kind of crisis is this, that can continue for so long, given the fact that, etymologically, the term denotes a brief, crucial moment when the outcome of a troubled situation ...
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The Economic Crisis and the Crisis in Economics

2011
In many quarters, it has long been accepted that the discourses economists construct when theorizing do not simply mirror the external world but also define it and influence its course in fundamental ways (Gibson-Graham 1996; Ruccio and Amariglio 2003).
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Economics of the crisis and the crisis of economics

The European Journal of the History of Economic Thought, 2014
AbstractThe macroeconomic instability revealed in the recent deep recession steams from the condition of balance sheets. Generally high leverage and strained maturity mismatches build up slowly but generate a financial structure so brittle that the impulse that eventually sends it crashing is hard to identify.
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Economic growth and economic crisis

International Journal of Green Economics, 2009
This article argues that the recent financial crisis was caused largely by the long-term problem of the current world economy lacking a sustainable path of development. Limits to growth – expressed principally through rises in the price of oil and other commodities – created a crisis for the global financial system, which has been based essentially on ...
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The Economic Crisis

1977
There can be no doubt that the profound economic crisis which beset Chile in 1972 and 1973 was a contributory factor to the coup of 11 September, 1973. The widespread shortages, the necessity to queue for hours for certain basic goods, the frustration of not being able to obtain crucial spare parts and repairs, the frequency of strikes, and an ...
Ian Roxborough   +2 more
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From the Economic Crisis to the Crisis of Economics

2016
Neoclassical economic theory has been blamed for not having even considered the possibility of the type of collapse that the subprime mortgage meltdown unleashed. The purpose of this chapter is threefold. First, it seeks to clarify what economics is guilty of; second, to spell out what sort of science economics is, what is legitimate to expect from it,
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Economic crisis and banking crisis

2019
This research first presents a typology of various financial crises - the currency crisis, the debt crisis, the balance of payments crisis, and the banking crisis - and sets out criteria for measuring them. It then provides a specific definition of the banking crisis, and it examines the plurality and frequency of occurrence of bank crises at different
Ahmad Basri, Noor Ezlin   +2 more
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Global Economic Crisis

India Quarterly: A Journal of International Affairs, 2009
The global financial and economic crisis has had a devastating impact on the world economy, including those of the developed countries. The impact was considerably mitigated because major economic powers put in operation rescue packages of unprecedented dimensions and adopted a set of co-ordinated measures.
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