Pursued Economy: Understanding and Overcoming the Challenging New Realities for Advanced Economies Koo Richard C.
Pursued Economy: Understanding and Overcoming the Challenging New Realities for Advanced Economies Koo Richard C. In Pursued Economy: Understanding and Overcoming the Challenging New Realities for…
Specifikacia Pursued Economy: Understanding and Overcoming the Challenging New Realities for Advanced Economies Koo Richard C.
Pursued Economy: Understanding and Overcoming the Challenging New Realities for Advanced Economies Koo Richard C.
In Pursued Economy: Understanding and Overcoming the Challenging New Realities for Advanced Economies, celebrated economist and thought leader Richard C. Starting with the original concepts of balance sheet recessions and global competition for capital, the author explains why the Great Recession lasted for so long and why well-intentioned policies that worked so well in the past are no longer working today.Readers will discover that advanced economies moved from what the author calls the golden era to the pursued era of economic development long ago, but the policy debate in these countries continues to be informed by golden era assumptions that are no longer relevant but are still taught in universities. That Koo dives deep into the failure of traditional economic solutions to address the economic and social problems of post-Great Recession and post-pandemic economies.