scholarly journals The World Economy after the Global Crisis

10.1142/8339 ◽  
2012 ◽  
Author(s):  
Barry Eichengreen ◽  
Bokyeong Park
Keyword(s):  
World Economy ◽  
Global Crisis ◽  
The World

Spillovers to the Global South

2017 ◽  
Author(s):  
Yilmaz Akyüz
Keyword(s):  
World Economy ◽  
Commodity Prices ◽  
Global South ◽  
Capital Inflows ◽  
Global Crisis ◽  
Advanced Economies ◽  
The World ◽  
Run Up ◽  
Global Growth ◽  
Very High

The crisis demolished the myth that EDEs were decoupled from advanced economies and BRICS were becoming new engines of global growth. From 2011 onwards, with the end of the twin booms in commodity prices and capital inflows, growth in EDEs has converged downward towards the depressed levels of advanced economies from the very high levels achieved in the run-up to the global crisis and the immediate aftermath. Loss of momentum is particularly visible in economies that failed to manage the earlier booms prudently. In examining the spillovers from policies in major advanced economies and China to EDEs, the chapter introduces the notion of commodity-finance nexus wherein these markets reinforce each other during both expansions and contractions. The chapter concludes with a brief discussion of policies needed to put the world economy into decent shape and to avoid liquidity and debt crises in EDEs.

Challenges of Global Crisis. Italy

2013 ◽  
pp. 67-80
Author(s):  
I. Semenenko ◽  
I. Labinskaya
Keyword(s):  
International Relations ◽  
World Economy ◽  
Global Crisis ◽  
Global Trends ◽  
The World

A new stage has been reached in assessing new global trends. It is necessary to evaluate the West’s experience and its adaptability to the rest of the world. This journal begins a series of publications analyzing some of the leading states. For a starter, we offer contemporary Italy. Participants of the seminar are well-known scholars working at the Institute of World Economy and International Relations I. Semenenko and K. Kholodkovskiy (the main speakers), N. Goffe, N. Kisovskaya, A. Avilova.

The World Economy from the 1980's to the Global Crisis

2012 ◽  
Vol 23 (Special) ◽  
pp. 39 ◽  
Author(s):  
Tuba ONGUN
Keyword(s):  
World Economy ◽  
Global Crisis ◽  
The World

scholarly journals The Global Crisis and the Subsidies to Manufacturing Firms

2019 ◽  
Vol 14 (2) ◽  
pp. 41-54 ◽  
Author(s):  
Kaya Halil Dincer ◽  
Balas Ayse Nilgun
Keyword(s):  
World Economy ◽  
Manufacturing Firms ◽  
The European Union ◽  
Global Crisis ◽  
Quality Certification ◽  
The World ◽  
Firm Type ◽  
Policy Measures ◽  
National Governments ◽  
The Impact

Abstract The 2008-2009 global crisis has severely affected the world economy. Most national governments utilized fiscal policy measures including subsidies to reinforce and sustain their economies. In this study we examine the impact of the 2008-2009 global crisis on subsidies paid to manufacturing firms either by their governments or the European Union (i.e. EU). Our results indicate that, overall, a significantly larger proportion of firms had received subsidies after the global crisis. When we look into different subgroups, we find that firm size, female ownership, female management, and quality certification did not matter (more firms in all of these subgroups had received subsidies). On the other hand, our results demonstrate that firm type and top manager’s experience level made a difference in terms of subsidies received after the crisis.

Overall Consequences of Global Crisis

2016 ◽  
Vol 2 (01) ◽  
Author(s):  
Pritam Chatterjee
Keyword(s):  
World Economy ◽  
Emerging Market ◽  
Capital Inflows ◽  
Policy Implications ◽  
Global Crisis ◽  
Average Growth ◽  
Slowing Down ◽  
The Third ◽  
Time Period ◽  
The World

The world economy started slowing down since the third quarter of 2008 leading to economic crises worldwide. GDP declined from an average growth of 3 per cent during 2003-2007 to 1.5 per cent during 2008-2012. The decline of world GDP growth was the sharpest at 42 per cent during the third quarter of 2008 to the second quarter of 2009. Not only capital inflows to developing and emerging market economies declined during this period, there has been significant shrinking of markets for developing country exports. This paper determines overall consequences and its policy implications of Global Crisis. Time period is 2003-2012, from these 2003-2007 is the pre crisis and 2008-2012 is the post crisis period. JEL CLASSIFICATIONS-, F1, F6

Ten years after the global crisis: Risks and prospects

2019 ◽  
pp. 37-53 ◽  
Author(s):  
M. V. Ershov
Keyword(s):  
Economic Development ◽  
Financial Crisis ◽  
World Economy ◽  
Global Financial Crisis ◽  
Global Crisis ◽  
The World ◽  
The Global Financial Crisis

The article analyzes the situation in the world and in Russia 10 years after the global financial crisis. It is shown that with the observed growth of the world economy, global risks, on the contrary, have not diminished, but increased, which creates the threat of new failures. The measures that can be taken by Russian regulators to neutralize external risks and stimulate the economic development of the country are considered.

Transformation of Global Finances

2010 ◽  
pp. 3-22
Author(s):  
M. Petrov ◽  
D. Plissetskii
Keyword(s):  
Emerging Markets ◽  
Transition Economies ◽  
Capital Markets ◽  
World Economy ◽  
Domestic Demand ◽  
Global Crisis ◽  
Crisis Period ◽  
Domestic Capital ◽  
The World ◽  
Accelerated Growth

An outstanding feature of the world economy development at the beginning of Millennium is an accelerated growth of countries with developing and transition economies. Expansion of domestic demand, abrupt export buildup facilitated a significant GDP increase in these states, which in its turn gave a strong impulse to domestic capital markets development. The global crisis became a serious test for most of developing and post-socialist countries, in which case the meaningful drop in outside financing was one of its most painful consequences. Nevertheless, the sequential strengthening of states with emerging markets will be one of the key tendencies in the world financial system restructuring during the post-crisis period.

scholarly journals Com a cabeça nas nuvens da crise dos Subprimes | Head in the clouds of the sub-prime crisis

2009 ◽  
Vol 5 (2) ◽  
Author(s):  
Yann Moulier Boutang
Keyword(s):  
Welfare State ◽  
New Deal ◽  
World Economy ◽  
Subprime Crisis ◽  
Current Crisis ◽  
Global Crisis ◽  
The World ◽  
The Welfare State

Resumo o texto apresenta a crise dos subprimes como a manifestação da impossibilidade de separação entre especulação e mercado da economia-mundo. A crise atual é apontada como sendo a primeira crise global do comunismo do capital e uma interdependência entre devedores e credores. A menos que se invente um novo New Deal, que refunde os antigos direitos do Estado-providência e crie novos direitos de novos trabalhadores, não se vê meio pelo qual um programa de eutanásia da renda evitará a explosão política.Palavras-chave crise; capitalismo cognitivo; renda; economia mundial.Abstract the paper presents the subprime crisis as a manifestation of the impossibility of separating speculation and market from the world economy. The current crisis is pointed out as being the first global crisis of communism of capital and also an interdependence between debtors and creditors. Unless a new New Deal is invented, which recasts the ancient rights of the welfare state and creates new rights for new workers, there is no means by which a program of euthanasia may avoid political explosion.Keywords crisis; cognitive capitalism; rent; world economy.

scholarly journals Integrasi Dinamis Pasar Modal Indonesia dengan Pasar Modal International pada Masa Pandemi Covid-19

2021 ◽  
Vol 3 (2) ◽  
pp. 143-151
Author(s):  
Stefany Cindy Sugiyanto ◽  
Robiyanto Robiyanto
Keyword(s):  
Stock Market ◽  
Capital Market ◽  
Stock Markets ◽  
World Economy ◽  
Contagion Effect ◽  
Global Crisis ◽  
Stock Indices ◽  
The World ◽  
Closing Price ◽  
Dynamic Integration

The Covid-19 pandemic has an impact on the world economy especially on the stock mar-ket, thus the aim of this study is to determine whether there is dynamic integration be-tween the stock markets in Indonesia with the capital market in Asia and in the world during Covid-19 pandemic. This study uses return data from the closing price of 12 stock indices, namely ASX, DOWJONES, FTSE, HANGSENG, IHSG, KLSE, KOSPI, NIK-KEI, PSEI, SET, STI, and TAIWAN from January to December 2020 that have been ana-lyzed using DCC-GARCH. The results showed that the stock markets of both Indonesia, Asia and the world were dynamically integrated due to the global crisis of the Covid-19 pandemic. The results showed that there was a contagion effect on the stock market that occurred during the period when the Covid-19 pandemic crisis occurred. This research can be a reference for investors who want to invest in stocks in Indonesia during the Covid-19 pandemic. DOI: https://doi.org/10.26905/afr.v3i2.551

Sign in / Sign up

Export Citation Format

Share Document