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005 20190211181254.0
008 141216s2014 bl ||||gr |0|| 0 eng d
100 1 _aBLECKER A., Robert
_950458
245 1 0 _aEconomic stagnation in the United States :
_bunderlying causes and global consequences
260 _aSão Paulo :
_bEditora 34,
_cout./dez. 2014
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
942 _cS
998 _a20141216
_b1637^b
_cFabio
998 _a20150130
_b1613^b
_cCarolina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c46821
_d46821
041 _aeng