scholarly journals Economic policy response to internal and external shocks

2020 ◽  
Vol 2020 (1) ◽  
pp. 41-62
Author(s):  
Pavel Morda
2012 ◽  
Vol 72 (2) ◽  
pp. 289-307 ◽  
Author(s):  
BARRY EICHENGREEN

“The lessons of history” were widely invoked in 2008/09 as analysts and policymakers sought to make sense of the global financial crisis. Specifically, analogies with the early stages of the Great Depression of the 1930s were widely drawn. Building on work in cognitive science and literature on foreign policy making, this article seeks to account for the influence of this particular historical analogy and asks how it shaped both perceptions and the economic policy response. It asks how historical scholarship might be better organized to inform the process of economic policymaking. It concludes with some reflections on how research in economic history will be reshaped by the crisis.


Subject Prospects for the United Kingdom. Significance The COVID-19 lockdown led to a fall in UK GDP of about 25% between February and April. The gradual lifting of restrictions means that activity will begin to recover, probably quite strongly, in May and June. However, the speed and the extent of the recovery will depend on a number of factors: the course of the pandemic, the economic policy response in the next phase and the direction of consumer and business confidence.


2020 ◽  
Vol 9 (4) ◽  
pp. 419-429 ◽  
Author(s):  
Brendan Kennelly ◽  
Mike O'Callaghan ◽  
Diarmuid Coughlan ◽  
John Cullinan ◽  
Edel Doherty ◽  
...  

2021 ◽  
Vol 11 (1) ◽  
pp. 57-77
Author(s):  
Roger Alejandro Banegas Rivero ◽  
Marco Alberto Nunez Ramirez ◽  
Jorge Salas Vargas ◽  
Luis Fernando Escobar Caba ◽  
Irma Guadalupe Esparza Garcia

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