Preview

Voprosy Ekonomiki

Advanced search
Open Access Open Access  Restricted Access Subscription Access

Global Crisis And Trends Of Economic Development

https://doi.org/10.32609/0042-8736-2014-11-4-24

Abstract

Global crisis forms new economic policy agenda which raises new questions for economic theory and economic thinking. The paper deals with these new intel- lectual challenges. Among them: growth theory and ricks of secular stagnation, unconventional macroeconomic policy and risk of financial stability, inequality and growth, new welfare state, prospects of globalization vs. deglobalization, and prospects of reindustrialization in advanced economies.

About the Authors

V. Mau
Russian Presidential Academy of National Economy and Public Administration (Moscow, Russia)
Russian Federation


A. Ulyukaev
Ministry of Economic Development of Russian Federation (Moscow, Russia)
Russian Federation


References

1. Kondratiev N. D. (1925). Large Cycles of Conjuncture // Voprosy Konyunktury. Vol. 1, No 1.

2. Mau V. (2009). Global Crisis: Past Experience and Future Challenges // Ekonomicheskaya Politika. No 4. P. 47—61.

3. Rodrik D. (2008). Globalization: We Urgently need Keynes // Vedomosti. July 28.

4. Rodrik D. (2014). Globalization Paradox. Moscow: Gaidar Institute Publ.

5. Ulyukaev A. V. (2009). Russia and New Macroeconomic Reality // X International Scientific Conference on Problems of Development of Economy and Society. Moscow: HSE Publ.

6. Ulyukaev A. V. (2014). Painful Transformation of the World Economy. Moscow: Gaidar Institute Publ.

7. Alvaredo F., Atkinson A. B., Piketty T., Saez E. (2013). The Top 1 Percent in International and Historical Perspective // Journal of Economic Perspectives. Vol. 27, No 3. P. 3-20.

8. Åslund A. (2013). Why Growth in Emerging Economies Is Likely to Fall // Peterson Institute for International Economics Working Paper. No 13-10.

9. Atkins R., Fray K. (2014). Rapid Fall in Capital Flows Poses Growth Risk // Financial Times. 2014. January 6.

10. Bonica A., McCarty N., Poole K. T., Rosenthal H. (2013). Why Hasn’t Democracy Slowed Rising Inequality? // Journal of Economic Perspectives. Vol. 27, No 3. P. 103-123.

11. Brzezinski Z. (2009). The Group of Two that Could Change the World // The Financial Times. January 14. P. 9.

12. Corak M. (2013). Income Inequality, Equality of Opportunity, and Intergenerational Mobility // Journal of Economic Perspectives. Vol. 27, No 3. P. 79-102.

13. Egawa A. (2013). Will Income Inequality Cause a Middle-Income Trap in Asia? // Bruegel Working Paper. No 2013/06.

14. Ferguson N. (2008). The Ascent of Money: A Financial History of the World. N. Y.: Penguin Press.

15. Keynes J. M. (1919). The Economic Consequences of the Peace. N. Y.: Harcourt, Brace, and Howe.

16. Kuznets S. (1966). Modern Economic Growth: Rate, Structure, and Spread. New Haven; London: Yale University Press.

17. Lund S., Daruvala T., Dobbs R. et al. (2013). Financial Globalization: Retreat or Reset. Global Capital Market 2013 / McKinsey Global Institute.

18. Mankiw N. G. (2013). Defending the One Percent // Journal of Economic Perspectives. Vol. 27, No 3. P. 21-34.

19. Mokyr J. (2014). What Today’s Economic Gloomsayers Are Missing: Science Is Enabling Invention Like Never Before and in Ways that Will Improve Life but Isn’t Captured by GDP Statistics // Wall Street Journal. August 8.

20. Piketty T. (2014). Capital in the Twenty-First Century. Cambridge, MA: Harvard University Press.

21. Rodrik D. (2011). Unconditional Convergence // NBER Working Paper. No 17546.

22. Summers L. (2013). Why Stagnation Might Prove to Be the New Normal // Financial Times. December 15.

23. Summers L. (2014). Washington Must not Settle for Secular Stagnation // Financial Times. January 5.

24. Teulings C., Baldwin R. (eds.) (2014). Secular Stagnation: Facts, Causes and Cures. London: CEPR Press.

25. Williamson J. (1989). What Washington Means by Policy Reform // Latin American Readjustment: How Much Has Happened / J. Williamson (ed.). Washington, DC: Institute for International Economics.


Review

For citations:


Mau V., Ulyukaev A. Global Crisis And Trends Of Economic Development. Voprosy Ekonomiki. 2014;(11):4-24. (In Russ.) https://doi.org/10.32609/0042-8736-2014-11-4-24

Views: 868


ISSN 0042-8736 (Print)