scholarly journals Sources: Booms and Busts: An Encyclopedia of Economic History from Tulipmania of the 1630s to the Global Financial Crisis of the 21st Century

2011 ◽  
Vol 51 (1) ◽  
pp. 71-72
Author(s):  
R. Neil Scott
Keyword(s):  
Financial Crisis ◽  
21St Century ◽  
Economic History ◽  
Global Financial Crisis ◽  
The Global Financial Crisis

scholarly journals Economic History and Economic Policy

2012 ◽  
Vol 72 (2) ◽  
pp. 289-307 ◽  
Author(s):  
BARRY EICHENGREEN
Keyword(s):  
Economic Policy ◽  
Financial Crisis ◽  
Economic History ◽  
Policy Making ◽  
Global Financial Crisis ◽  
Policy Response ◽  
Science And Literature ◽  
The Great Depression ◽  
Historical Analogy ◽  
The Global Financial Crisis

“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.

DEVELOPMENT'S CHARACTERISTIC OF COOPERATION BETWEEN RUSSIA AND CHINA AT THE BEGINING OF THE 21 CENTURY

2019 ◽  
pp. 39-42
Author(s):  
I.A. Ryasnov ◽  
Keyword(s):  
Financial Crisis ◽  
21St Century ◽  
Global Financial Crisis ◽  
Economic Cooperation ◽  
Negative Consequences ◽  
The Global Financial Crisis ◽  
Economic Ties

The article deals with Russian-Chinese relations in the aspect of trade and economic cooperation. The author emphasizes that the border territories have special opportunities for the development of cooperation, which can be realized only on the condition of friendly relations between the countries. The author points out that the development of economic ties between Russia and China at the beginning of the 21st century took place against the background of strengthening cultural and political contacts. The author analyzes the challenges that have arisen against the background of the global financial crisis and discusses the ways to overcome its negative consequences by strengthening certain sides of the interaction between our countries.

scholarly journals Unemployment in Greece: Econometric Evidence after the Athens 2004 Olympics and before the Global Financial Crisis of 2007–2009

2012 ◽  
Vol 2012 ◽  
pp. 1-9
Author(s):  
Stavros Rodokanakis
Keyword(s):  
Financial Crisis ◽  
Economic History ◽  
Sovereign Debt ◽  
Global Financial Crisis ◽  
Debt Crisis ◽  
Labour Force ◽  
Fiscal Stimulus ◽  
Econometric Evidence ◽  
The Global Financial Crisis ◽  
The Impact

This paper investigates the probability of employment in Greece and focuses on 2006, namely, well after the Athens 2004 Olympics and its fiscal stimulus and before the eruption of the global financial crisis of 2007–2009 that transformed into an economic and sovereign debt crisis with unprecedented consequences in the country's postwar economic history. Based on microdata from the Labour Force Survey, the analysis depicts the impact of gender, age, marital status, area of residence, level of education, and immigrant status on finding a job, in Greece as a whole and the two most populated Greek regions, Attica and Central Macedonia. The findings of the logit model show differences in the three areas under examination mainly among the educational variables and area of residence.

scholarly journals The cessation of rising employment rates at older ages in Australia, 2000-2019

2020 ◽  
Vol 4 (1) ◽  
pp. 20-36
Author(s):  
Peter McDonald ◽  
Helen Moyle
Keyword(s):  
Financial Crisis ◽  
21St Century ◽  
Industrial Structure ◽  
Global Financial Crisis ◽  
Labour Force ◽  
Older Age ◽  
Labour Demand ◽  
Employment Trends ◽  
Employment Rates ◽  
The Global Financial Crisis

Background  In the first decade of the 21st century, employment at older ages surged in Australia, benefitting the Australian economy. Subsequent to 2010, however, employment rates at older ages ceased rising for older men and the increases were much more moderate for women. Aim  The aim of this paper is to examine these older-age employment trends in more detail, particularly the association between older-age employment trends and the business cycle. Some attention is also given to alternative explanations related to changes in the characteristics of the population and industrial structure. Data and methods  Two main data sources are used: published tables from the monthly Australian Bureau of Statistics Labour Force Surveys and the Australian censuses for the years 2006, 2011 and 2016. The methods used are primarily descriptive. Results  Strong labour demand in the first decade of the 21st century stimulated the entry to employment of those out of the labour force, especially at ages 45-54 and especially for men. A cooling of labour demand following the global financial crisis terminated this process in the second decade. There were strong associations between older age employment and various socio-economic characteristics, but, in general, changes in the composition of the population or in the rates of employment by these characteristics did not contribute to the cessation of rising employment after 2010. Conclusions  Employment rates at older ages in Australia in the first two decades of the 21st century were the results of shifts in labour demand before and after the global financial crisis. Policy related to the taxation of superannuation also induced workers with adequate superannuation, especially public sector workers, to continue working to at least age 60.

On the formation of a New Paradigm of fiscal Policy

2013 ◽  
pp. 152-158 ◽  
Author(s):  
V. Senchagov
Keyword(s):  
Public Finance ◽  
Fiscal Policy ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Domestic Demand ◽  
Real Economy ◽  
New Paradigm ◽  
Monetary Aggregate ◽  
The Past ◽  
The Global Financial Crisis

Due to Russia’s exit from the global financial crisis, the fiscal policy of withdrawing windfall spending has exhausted its potential. It is important to refocus public finance to the real economy and the expansion of domestic demand. For this goal there is sufficient, but not realized financial potential. The increase in fiscal spending in these areas is unlikely to lead to higher inflation, given its actual trend in the past decade relative to M2 monetary aggregate, but will directly affect the investment component of many underdeveloped sectors, as well as the volume of domestic production and consumer demand.

ASPEK ETIK DAN SISTEMIK DALAM EKONOMI DAN BISNIS ISLAM

ALQALAM ◽  
2014 ◽  
Vol 31 (1) ◽  
pp. 187
Author(s):  
Budi Harsanto
Keyword(s):  
Financial Crisis ◽  
Business Ethics ◽  
Moral Hazard ◽  
Global Financial Crisis ◽  
Financial Institution ◽  
Research Question ◽  
Academic Journals ◽  
Lehman Brothers ◽  
The World ◽  
The Global Financial Crisis

The fall of Enron, Lehman Brothers and other major financial institution in the world make researchers conduct various studies about crisis. The research question in this study is, from Islamic economics and business standpoint, why the global financial crisis can happen repeatedly. The purpose is to contribute ideas regarding Islamic viewpoint linked with the global financial crisis. The methodology used is a theoretical-reflective to various article published in academic journals and other intellectual resources with relevant themes. There are lots of analyses on the causes of the crisis. For discussion purposes, the causes divide into two big parts namely ethics and systemic. Ethics contributed to the crisis by greed and moral hazard as a theme that almost always arises in the study of the global financial crisis. Systemic means that the crisis can only be overcome with a major restructuring of the system. Islamic perspective on these two aspect is diametrically different. At ethics side, there is exist direction to obtain blessing in economics and business activities. At systemic side, there is rule of halal and haram and a set of mechanism of economics system such as the concept of ownership that will early prevent the seeds of crisis. Keywords: Islamic economics and business, business ethics, financial crisis 

Mobilising resiliency in times of economic hardship: Emerging themes in migrant worker remittance payments

2014 ◽  
Vol 7 (2) ◽  
pp. 159-167
Author(s):  
Kevin Garlan
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Migrant Worker ◽  
Economic Hardship ◽  
Priority Areas ◽  
Mobile Payments ◽  
Payment Methods ◽  
The Future ◽  
Emerging Themes ◽  
The Global Financial Crisis

This paper analyses the nexus of the global financial crisis and the remittance markets of Mexico and India, along with introducing new and emerging payment technologies that will help facilitate the growth of remittances worldwide. Overall resiliency is found in most markets but some are impacted differently by economic hardship. With that we also explore the area of emerging payment methods and how they can help nations weather this economic strife. Mobile payments are highlighted as one of the priority areas for the future of transferring monetary funds, and we assess their ability to further facilitate global remittances.

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