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Economic Stagnation and the Stagnation of Economics

Monthly Review, 1971
The New York Times carried a page-one, column-eight story in its issue of March 6th under the headline, "Rate of Jobless Fell in February for a 2nd Month." On the face of it this would appear to be good news: the job situation, after worsening steadily for a whole year, is apparently beginning to improve.
Paul M. Sweezy, Harry Magdoff
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The Economics of Japan’s Stagnation [PDF]

open access: possibleBusiness Economics, 2014
The Japanese economy has been mired in subdued growth and deflation for more than two decades. This paper describes the key economic facts and features of Japan’s decades of stagnation. It discusses why long-term Japanese government bonds’ nominal yields have stayed very low in spite of elevated government debt ratios and chronic fiscal deficits.
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Stagnation and Economic Conflict in Europe

International Journal of Political Economy, 2004
If we compare Europe to established federal systems, as those of the United States, Canada, and Australia, fundamental differences are immediately apparent. Existing federations have emerged historically as a result of material forces. Federation has been the result of strong economic and political ties.
Joseph Halevi, Peter Kriesler
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Economic Stagnation and Decay

2020
Abstract If the first years of the Revolution were years of continued prosperity for Atlantic commerce, after 1792 the war and the insurrection in Saint-Domingue spread gloom and despair among merchants and shipping companies. As in previous wars, merchants turned to a series of expedients: opening up trade to independent merchants ...
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Haiti’s economic stagnation will endure

Emerald Expert Briefings, 2023
Significance Negative growth was seen across all major sectors, including agriculture, services and construction. On the demand side, the situation remains grim, with private investment showing no signs of recovery, having suffered persistently negative growth since 2020. Impacts
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Stagnating Socio-economic Systems

2019
Abstract Purpose The purpose of this chapter is to determine the essence of stagnating socio-economic systems through the prism of the theory of economic conflicts. Methodology Comparative analysis of conceptual ...
Aleksei V. Bogoviz   +4 more
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Laos: Mired in Economic Stagnation?

Southeast Asian Affairs 2003, 2003
Introduction By most accounts, 2002 was a politically quiet year for Laos. Unlike previous years, there were no student protests or bomb explosions in the capital, Vientiane, and no reported rebel raids against army and police outposts. President Khamtay Siphandone's government grip on power appeared absolute with no open dissent in the ranks ...
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Economic Stagnation in Japan

2002
Before the onset of Japan’s contemporary economic crisis, economic performance was unsurpassed in terms of growth rates, equity or resilience to external shocks. There were many factors that contributed to Japan’s bubble economy, including a determined official push to move the economy from excessive dependence on foreign demand to reliance on domestic
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Economic Stimulus Effects of Product Innovation Under Demand Stagnation

open access: yesJournal of Public Economic Theory
When faced with economic stagnation, innovation, product innovation in particular, is often cited as an effective stimulus because it is thought to encourage household consumption and lead to higher demand.
Daisuke Matsuzaki
exaly   +2 more sources

Evolution and Stagnation of Economic Systems

1990
In contrast to Marxism, based on the idea of evolution, the market economy is characterised by quite different factors. It received its early impetus from Adam Smith, a son of the Enlightenment and thus estranged from the idea of evolution. He emphasised self-regulation of the market, and it is therefore no coincidence that illustrations from the ...
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