The Road to Economic Recovery PDF Download

Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 88

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Author: Brian Bridges
Publisher: Psychology Press
ISBN: 9780415223263
Category : Business & Economics
Languages : en
Pages : 165

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Brian Bridges examines the impact on South Korea of the financial crisis of 1997. Covering events up to and including the recent parliamentary elections in South Korea, the book considers the socio-economic and political implications of the financial crisis. It is invaluable reading for students of modern Korea.

Author: Mr.Antonio Spilimbergo
Publisher: International Monetary Fund
ISBN: 1484339746
Category : Business & Economics
Languages : en
Pages : 382

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Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

Author: Andrew Smithers
Publisher: John Wiley & Sons
ISBN: 1118515692
Category : Business & Economics
Languages : en
Pages : 267

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Renowned economist Andrew Smithers offers prescriptive advice and economic theory on avoiding the next financial crisis In The Road to Recovery, Andrew Smithers—one of a handful of respected economists to have accurately predicted the most recent global financial crisis—argues that the neoclassical consensus governing global economic decision-making must be revised in order to avoid the next financial collapse. He argues that the current low interest rates and budget deficits have prevented the recession becoming a depression but that those policies cannot be continuously repeated and a new consensus for action must be found. He offers practical guidance on reducing government, household, and business debt; changing the economic incentives for the management class that currently inhibit long-term growth; and rebalancing national economies both internally and externally. Further, he explains how central bankers must broaden the economic theories that guide their decisions to include the major factors of debt and asset prices. Offers practical, real-world economic policies for restructuring and rebalancing the global economic system Presents a modern economic theory for preventing the next collapse Ideal for economists, investors, fund managers, and central bankers Written by an economist described by the legendary Barton Biggs as "one of the five best, most dispassionate, erudite analysts in the world" As the global economy continues the long climb out of recession, it's imperative that central bankers and other economic decision-makers not repeat the mistakes of the past. The Road to Recovery offers prescriptive guidance on redesigning an economic system that is healthy, stable, and beneficial to all.

Author: Lars Jonung
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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This report estimates possible macroeconomic effects of a pandemic taking place in the EU in 2006, using a quarterly macroeconomic model. The macroeconomic costs of a pandemic, that is the cost in terms of production lost due to illness and death measured as reductions in GDP growth and/or declines in the level of GDP, are quantified in various pandemic scenarios. We focus on two sectors of the European economy that are expected to be particularly severely hit, tourism and trade. The results are compared with those obtained in similar studies for the United States and Canada. Our basic conclusion is that, although a pandemic would take a huge toll in human suffering, it would most likely not be a severe threat to the European macroeconomy.

Author: Yongnian Zheng
Publisher: World Scientific
ISBN: 9814466638
Category : Political Science
Languages : en
Pages : 309

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The current global financial turmoil, triggered by the US subprime crisis, has spread quickly and resulted in the worst global economic crisis since the 1930s. As the world's third largest economy and the second largest trading nation, China is inevitably affected seriously. How China responds to the crisis and how effective its measures are in sustaining a healthy growth will have important implications, both domestically and internationally.The chapters in this volume are divided into five sections. Section one examines the overall impact of the global economic crisis and the responses of the Chinese government. Section two studies the regional aspect of the economy affected by the crisis. Section three explores such economies of the Mainland's southern neighbors as Hong Kong, Macao and Taiwan, and the prospect of China's trade. Section four surveys the impact on the ideological and social aspects of the country. Section five concludes with an assessment of China's external policies. The volume offers a comprehensive and in-depth assessment of the impact of the crisis and the measures of the Chinese government to overcome the difficulties.

Author: Ramesh Subramaniam
Publisher: Asian Development Bank
ISBN: 9292629263
Category : Medical
Languages : en
Pages : 242

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Book Description
The Policy Actions for COVID-19 Economic Recovery (PACER) Dialogues were held from June to September 2020 as the coronavirus disease (COVID-19) pandemic accelerated around the world. They shared cutting-edge knowledge and best practices to help countries in Southeast Asia and the People's Republic of China strengthen cooperation to mitigate the devastating effects of COVID-19 and accelerate their economic recovery. This compendium of 13 policy briefs summarizes the discussions, recommendations, and actionable insights from the PACER Dialogues.

Author: Zongxian Yu
Publisher: World Scientific
ISBN: 9789812810496
Category : Business & Economics
Languages : en
Pages : 532

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It is interesting to note that after two years of recession in East Asia, almost all the countries in this region are rising again. In the wake of that sudden onslaught on the economies of East Asia, many new questions have come to the fore (and are waiting for the right answers), such as: How could the Asian countries have become so weak as to totally succumb to the financial crisis? What were the real causes of the crisis? What policy measures have the affected countries taken to combat the crisis and how effective have they been? As for the argument of OC hands-off policyOCO versus OC government interventionOCO, which approach was more appropriate for curbing the expansion of the crisis? What are the policy implications of resolving the crisis? Why is East Asia rising again after the two-year recession?. The editors of this volume organized a research team composed of 12 leading economists from the ten East Asian countries: Thailand, Malaysia, Indonesia, the Philippines, Singapore, Hong Kong, Taiwan, Korea, mainland China and Japan. One expert from the United States was also invited; he was responsible for making an aggregate analysis of the interdependence of the region in the context of a financial crisis. Two meetings were held OCo the first in April 1999, the second in January 2000. Sample Chapter(s). Chapter 1.1: Introduction (97 KB). Chapter 1.2: the Importance of the Issue: The Financial Crisis in East Asia (86 KB). Chapter 1.3: Various Explanations of the Causes of the Financial Crisis (96 KB). Chapter 1.4: The Impacts of the Financial Crisis in East Asia (204 KB). Chapter 1.5: External Debt and Financial Crisis (124 KB). Chapter 1.6: Corruption and Nepotism Between Officials and Enterprises (143 KB). Chapter 1.7: A Model Used to Explain the Financial Crisis (117 KB). Chapter 1.8: The Role of the Government (89 KB). Chapter 1.9: The Function of the IMF (120 KB). Chapter 1.10: East Asia''s Recovery (84 KB). Chapter 1.11: The Purpose of this Volume (103 KB). Contents: An Overview of the Financial Crisis in East Asia (T-S Yu); Japan: Japan''s Bubble Economy and Asia (H S Lim); China: Financial Crisis and Chinese Economy (D-Q Xu); Korea: Korean Financial Crisis OCo The Crisis of a Development Model? (J Lee); Singapore: Coping with the Asian Financial Crisis OCo The Singapore Experience (K-J Ngiam); Hong Kong: Financial Crisis in the Case of Hong Kong OCo Last In, Last Out? (C Tuan & L F Y Ng); Taiwan: Financial Crisis in East Asia (T-M Huo); Thailand: 1997 Thai Financial Crisis (C Leenabanchong); Malaysia: Financial Crisis in Malaysia (M Ariff & M M-C Yap); Indonesia: Indonesia''s Responses to the Recent Economic Crisis (A Nasution); Philippine: The 1997-1999 Philippine Economic Downturn OCo A Preventable One (E A Tan); Recursive Dynamic CGE Analysis: The Road to Economic Recovery in Asia (Z Wang & D-Q Xu); Conclusion: Lessons and Policy Implications (T-S Yu & D-Q Xu). Readership: Professors and graduate students in economics and economists working in financial institutions such as the World Bank, IMF, ADB and commercial banks."

Author: Alessia Amighini
Publisher: Ledizioni
ISBN: 8855265237
Category : Political Science
Languages : en
Pages : 126

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The coronavirus pandemic that has rocked China since December 2019 has posed a gruelling test for the resilience of the country’s national economy. Now, as China emerges from its Covid-induced “recession”, it feels like the worst is behind it. How did China manage to come out almost unscathed from the worst crisis in over a century?This Report examines how China designed and implemented its post-Covid recovery strategy, focussing on both the internal and external challenges the country had to face over the short- and medium-run.The book offers a comprehensive argument suggesting that, despite China having lost economic and political capital during the crisis, Beijing seems to have been strengthened by the “pandemic test”, thus becoming an even more challenging “partner, competitor and rival” for Western countries.

Author: Karen McCall
Publisher: New World Library
ISBN: 157731929X
Category : Business & Economics
Languages : en
Pages : 290

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Book Description
After healing her own unhealthy relationship with money, and transforming her financial disaster into prosperity and security, Karen McCall created a recovery program she has now used for more than twenty years to help individuals, couples, and businesses large and small. In the midst of her money troubles, she saw a need for something other than financial planners, accountants, and credit counselors. These experts could tell her what she should be doing differently, but she needed someone to help her understand the underlying causes of chronic, self-defeating overspending and credit card debt, underearning, and low or no savings. To save herself, she created practical, holistic tools that address these sources of pain and shame. McCall’s program supports people as they uncover their deep-seated attitudes about money; provides simple, step-by-step tools for healing areas of physical, emotional, and spiritual deprivation; and teaches skills and strategies for experiencing lasting personal and financial fulfillment even in the midst of economic challenges and reversals.