THE INFLUENCE OF THE GLOBAL CRISIS ON THE ECONOMIC THEORY AND PRACTICE
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THE INFLUENCE OF THE GLOBAL CRISIS ON THE ECONOMIC THEORY AND PRACTICE
Annotation
PII
S0207-36760000495-3-1
Publication type
Article
Status
Published
Edition
Pages
21-60
Abstract
The paper shows the influence of the global financial and economic crisis on actual state of academic theory and on the changes occured in the world financial system. The crisis confirmed once more the actual evolution of the economics from market liberalism to social regulation. Serious falures of the world financial system menagement have destabilized markets and caused economic drop. The article describes anticrisis measures being taken by international community and different countries. In conclusion nearest prospects of postcrisis development are stated.
Keywords
global crisis, evolution of economic theory, strengthening of regulation, post-crisis development
Date of publication
28.02.2011
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0
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322
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