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008 | 141216s2014 bl ||||gr |0|| 0 eng d | ||
100 | 1 |
_aBLECKER A., Robert _950458 |
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245 | 1 | 0 |
_aEconomic stagnation in the United States : _bunderlying causes and global consequences |
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_aSão Paulo : _bEditora 34, _cout./dez. 2014 |
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520 | 3 | _aThis paper analyzes the causes of the slow recovery of the US economy since the financial crisis and Great Recession of 2008-9. Fallen house values and excessive household debts continue to depress consumer spending, while corporations are failing to invest in spite of record profits. The increasingly unequal distribution of income limits demand, while long-term structural transformations continue to erode employment creation. An expansionary monetary policy has been incapable of sparking a more robust recovery and fiscal policy has been shifted to an austerity stance. In this context, Brazil and other emerging market nations cannot count on the United States to continue to be the leading source of global demand as it was in previous decades. | |
773 | 0 | 8 |
_tRevista de Economia Política = Brazilian Journal of Political Economy _g34, 4, p. 689-725 _dSão Paulo : Editora 34, out./dez. 2014 _xISSN 01013157 _w |
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_a20141216 _b1637^b _cFabio |
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_a20150130 _b1613^b _cCarolina |
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_aConvertido do Formato PHL _bPHL2MARC21 1.1 _c46821 _d46821 |
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041 | _aeng |