Economia
Ainda o discurso a favor da mão-de-obra nacional e a tentação proteccionista numa reflexão sobre os efeitos grátis nos vizinhos de políticas orçamentais expansionistas:
- Lições Da Grande Depressão
Causas da Grande Depressão Hoover and Roosevelt − The 1920s was a period of healthy economic growth until President Herbert Hoover instituted anti-market, anti-globalization, anti-immigration, and pro-cartelization policies, Edward Prescott...
- O Multiplicador Keynesiano Pode Ser Negativo
KEYNESIAN GOVERNMENT SPENDING MULTIPLIERS AND SPILLOVERS IN THE EURO AREA by Tobias Cwik and Volker Wieland Abstract The global financial crisis has lead to a renewed interest in discretionary fiscal stimulus. Advocates of...
- Evidências Do Fracasso Da Política Expansionista Americana
Daily Policy Digest The U.S. Experience with Fiscal Stimulus The Obama administration's American Recovery and Reinvestment Act (ARRA), better known as the "stimulus" package, reinvigorated the national debate regarding stimulus spending and...
- O Mundo Dos Emergentes
Gráfico interativo de cinco indicadores macroeconômicos. IF THE euro-area debt crisis worsens, it will drag down growth in emerging economies. The good news is that whereas most developed countries have little or no room to cut interest rates or to...
- A Futura Da Dívida Pública: Calote
BIS Working PapersNo 300The future of public debt: prospects and implications by Stephen G Cecchetti, M S Mohanty and Fabrizio Zampolli Monetary and Economic Department Abstract Since the start of the financial crisis, industrial country public debt...
Economia
A tentação do proteccionismo
Ainda o discurso a favor da mão-de-obra nacional e a tentação proteccionista numa reflexão sobre os efeitos grátis nos vizinhos de políticas orçamentais expansionistas:
"The protectionist temptation: Lessons from the Great Depression forAlemanha, Estados Unidos, Reino Unido e França são os países onde essa tentação poderá ser maior.
today
Barry Eichengreen Douglas Irwin
The problem, to the contrary, is that the country applying the stimulus
worries that benefits will spill out to its free-riding neighbours. Fiscal
stimulus is not costless – it means incurring public debt that will have to be
serviced by the children and grandchildren of the citizens of the country
initiating the policy. Insofar as more spending includes more spending on
imports, there is the temptation for that country to resort to “Buy America”
provisions and their foreign equivalents. The protectionist danger
is still there, in other words but, insofar as the policy response to this slump
is fiscal rather than just monetary, it is the active country, not the passive
one, that is subject to the temptation."
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- Lições Da Grande Depressão
Causas da Grande Depressão Hoover and Roosevelt − The 1920s was a period of healthy economic growth until President Herbert Hoover instituted anti-market, anti-globalization, anti-immigration, and pro-cartelization policies, Edward Prescott...
- O Multiplicador Keynesiano Pode Ser Negativo
KEYNESIAN GOVERNMENT SPENDING MULTIPLIERS AND SPILLOVERS IN THE EURO AREA by Tobias Cwik and Volker Wieland Abstract The global financial crisis has lead to a renewed interest in discretionary fiscal stimulus. Advocates of...
- Evidências Do Fracasso Da Política Expansionista Americana
Daily Policy Digest The U.S. Experience with Fiscal Stimulus The Obama administration's American Recovery and Reinvestment Act (ARRA), better known as the "stimulus" package, reinvigorated the national debate regarding stimulus spending and...
- O Mundo Dos Emergentes
Gráfico interativo de cinco indicadores macroeconômicos. IF THE euro-area debt crisis worsens, it will drag down growth in emerging economies. The good news is that whereas most developed countries have little or no room to cut interest rates or to...
- A Futura Da Dívida Pública: Calote
BIS Working PapersNo 300The future of public debt: prospects and implications by Stephen G Cecchetti, M S Mohanty and Fabrizio Zampolli Monetary and Economic Department Abstract Since the start of the financial crisis, industrial country public debt...