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About A New Era of Geo-Economics: Assessing The Interplay of Economic and Political Risk '
The document summarizes two perspectives on the 2008 global economic collapse and its aftermath. The Hayekian perspective argues that loose monetary policy led to unsustainable investments, while the Keynesian view is that a lack of investment, not over-indebtedness, caused the recession. Both perspectives see the situation in international terms. Currently, recovery policies have focused on fiscal discipline and banking regulation according to Hayekian ideas, but the author argues for a greater role for government intervention based on Keynesian and international relations theories.
Detailed Information
| Author: | ['Alternative Economics'] |
|---|---|
| Publication Year: | 2012 |
| Pages: | 17 |
| Language: | English |
| Format: | |
| Price: | FREE |
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