Macroeconomic trouble and policy challenges in the wake of the financial bust (Record no. 40138)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02255naa a2200241uu 4500 |
| 001 - CONTROL NUMBER | |
| control field | 1081710404637 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20220601062541.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 110817s2011 bl ||||gr |0|| 0 eng d |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | ASENSIO, Angel |
| 9 (RLIN) | 28415 |
| 245 10 - TITLE STATEMENT | |
| Title | Macroeconomic trouble and policy challenges in the wake of the financial bust |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | São Paulo : |
| Name of publisher, distributor, etc. | Editora 34, |
| Date of publication, distribution, etc. | abr./jun. 2011 |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | Contrasting with the 1929 great crisis, authorities intervened forcefully in 2008 to stop the disintegration of the financial system. Governments and central banks then sought to revise the prudential regulation in depth. It would be optimistic, however, to believe that prudential measures, alone, could deliver full economic recovery, at least in the countries that had been involved in the financial turmoil. Indeed, the collapse of the 'state of confidence' and the negative effects of private debts on consumption and investment decisions have fed depressive forces and policy challenges which could hold for a while, even once the financial sector is made safe. On the one hand, the economic slowdown and the direct and indirect assistance provided by the governments to the private sectors are having a heavy impact on public finances, meanwhile, on the other hand, the massive amounts of money which artificially inflated the prices of housing and financial products could produce inflationary pressures in the post-crisis period, unless a new assets bubble is allowed for. Authorities could therefore be facing high unemployment in a damaged context of public deficits and inflationary pressures. The paper aims at discussing these new challenges. The inadequacy of inflation targets and fiscal orthodoxy in a depressed economy is emphasized, and the outlines of a Post Keynesian alternative policy are examined. |
| 590 ## - LOCAL NOTE (RLIN) | |
| Local note | v. 31, n. 2(122) |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| 9 (RLIN) | 12209 |
| Topical term or geographic name entry element | Crise Econômica |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Macroeconomia |
| 9 (RLIN) | 12015 |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical term or geographic name entry element | Inflação |
| 9 (RLIN) | 13538 |
| 650 #4 - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| 9 (RLIN) | 11932 |
| Topical term or geographic name entry element | Política Econômica |
| 773 08 - HOST ITEM ENTRY | |
| Title | Revista de Economia Política = Brazilian Journal of Political Economy |
| Related parts | 31, 2, p. 203-216 |
| Place, publisher, and date of publication | São Paulo : Editora 34, abr./jun. 2011 |
| International Standard Serial Number | ISSN 01013157 |
| Record control number | |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Periódico |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20110817 |
| Operator's initials, OID (RLIN) | 1040^b |
| Cataloger's initials, CIN (RLIN) | Fernanda |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20140307 |
| Operator's initials, OID (RLIN) | 1042^b |
| Cataloger's initials, CIN (RLIN) | karina |
No items available.
