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Wednesday, July 15, 2020 | History

5 edition of Europe"s Stagflation found in the catalog.

Europe"s Stagflation

Causes and Cures (Centre for European Policy Studies)

by Michael Emerson

  • 62 Want to read
  • 13 Currently reading

Published by Oxford University Press, USA .
Written in English


The Physical Object
Number of Pages238
ID Numbers
Open LibraryOL7398984M
ISBN 10019828487X
ISBN 109780198284871

In economics, stagflation or recession-inflation is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high. It presents a dilemma for economic policy, since actions intended to lower inflation may exacerbate unemployment. The term, a portmanteau of stagnation and inflation, is generally attributed to Iain Macleod, a British Conservative .   Stagflation cometh And some economies faced the worst of both worlds: stagflation. in part a result of flawed macro- and micro-policies. Europe, for instance, will find it increasingly.

  Stagflation: A condition of slow economic growth and relatively high unemployment – economic stagnation – accompanied by rising prices, or inflation, or inflation and a decline in Gross.   This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of high unemployment, slow growth, and spurts of high inflation bedeviling the advanced industrial nations during the past fifteen authors first construct a small Pages:

'Lazy Portfolios' for stagflation ! Vanguard European Stock Index 25% Jack Bogle says his "Coffeehouse Investor" is the No. 1 book he recommends to new investors. As Author: Paul B. Farrell.   Ironically, a very clear argument in favour of the classical explanation of stagflation was provided by Keynes himself. In , John Maynard Keynes described the inflation and economic stagnation gripping Europe in his book The Economic Consequences of the Peace. Keynes wrote.


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Europe"s Stagflation by Michael Emerson Download PDF EPUB FB2

Economic policy and performance in Europe since the second oil shock / Andrea Boltho --Stagflation in the EC countries / Michael Bruno --Wages, unemployment, and incomes policies / R. Layard, D. Grubb, and J. Symons --Stabilization policy and wage formation in economies with strong trade unions / Lars Calmfors --Current control.

Product details Paperback: pages Publisher: Yale University Press; Reprint edition (Septem ) Language: English ISBN ISBN Product Dimensions: x x inches Shipping Weight: ounces (View shipping rates and Cited by: Written with passion and insight, and laden with facts, the book provides a clear explanation of the economic, social, and political issues that lie ahead, and the difficulty in solving them.

Essential reading for the investor who wants to be informed and ahead of the curve.”Cited by: 1. The second of three major works by the late University of Maryland economist Mancur Olson, The Rise and Decline of Nations builds on the theories of his first work, The Logic of Collective Action: Public Goods and the Theory of Groups, and applies them to macroeconomic issues, in particular: stagflation, unemployment, and business cycles.4/5.

This book sets forth both a theory and a comparative empirical analysis of stagflation, that peculiar combination of high unemployment, Europes Stagflation book growth, and spurts of high inflation bedeviling the advanced industrial nations during the past fifteen years.

Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S.

economy during the years of the Great Stagflation in the mids. The book was written inwhen stagflation was presumed economically impossible. (The Philips Curve predicted a trade-off between unemployment and inflation, not both together)/5(32).

The CEPR Press eBook on secular stagnation has been viewed o times since it was published on 15 August The PDF remains freely downloadable, but as the European debate on secular stagnation is moving into policy circles, we decided to also make it a Kindle book.

This is available from Amazon; all proceeds will help defray VoxEU expenses. The years since World War II have seen rapid shifts in the relative positions of different countries and regions. Leading political economist Mancur Olson offers a new and compelling theory to explain these shifts in fortune and then tests his theory against evidence from many periods of history and many parts of the world.

"[T]his elegant, readable book sets out to explain why economies 5/5(3). Best books written by European Authors Score A book’s total score is based on multiple factors, including the number of people who have voted for it and how highly those voters ranked the book.

Back in the early s, when I was a pup, my colleagues and I on the staff of the US Federal Reserve Board, analysed inflation from the cost-push or supply side. Global economic growth had.

Stagflation–the combination of high unemployment and economic stagnation with inflation–became common in the industrialized countries during the s.

The costs of the Vietnam War and the social programs of the Johnson administration, plus the oil prices increases in by the Organization of Petroleum Exporting Countries (OPEC. The years since World War II have seen rapid shifts in the relative positions of different countries and regions.

Leading political economist Mancur Olson offers a new and compelling theory to explain these shifts in fortune and then tests his theory against evidence from many periods of history and many parts of the world."[T]his elegant, readable book sets out to explain why economies 5/5(1).

In a word: Stagflation. It is the toughest investment regime, composed of inflation and economic stagnation. European banks now charge Author: AVNER MANDELMAN. Feature Who remembers stagflation. Stephen Johnston wrote an interesting book about “Cantillon’s Curse.” Cantillon was an economist in the s who, as part of his career, was able to study the collapse of the Mississippi Company and along with it the terrible.

page book on an unfashionable epoch of a declining country, it is almost impossible to put down. Nevertheless, the book’s greatest appeal will likely be to and something British readers who spent their formative years hiding behind the sofa from ‘Doctor Who’ and bouncing around on space hoppers.

Many of the popular. The final chapter assesses how the energy crisis and Western ""stagflation"" have affected the nature of Soviet-East European political relations in the years This monograph will be of interest to economists and economic policymakers.

Economic Policy and the Great Stagflation discusses the national economic policy and economics as a policy-oriented science. This book summarizes what economists do and do not know about the inflation and recession that affected the U.S.

economy during the years of the Great Stagflation in the Edition: 1. The Era of Stagnation (Russian: Период застоя, Stagnation Period, also called the Brezhnevian Stagnation) was the period in the history of the Soviet Union that began during the rule of Leonid Brezhnev (–) and continued under Yuri Andropov (–) and.

“Olson’s theory is illuminating and there is no doubt that The Rise and Decline of Nations will exert much influence on ideas and politics for many decades to come.”—Pierre Lemieux, Reason Co-winner of the American Political Science Association’s Gladys M.

Kammerer Award for the best book on U.S. national policyBrand: Yale University Press. Stagflation will beget depression. to parts of the world like the U.S. and Europe that have higher labor costs. A Netflix documentary and a new book detail new allegations about the sex.Stagflation is a term that originated in the early s to identify the simultaneous occurrence of recession and inflation—a phenomenon that Keynesian theory had previously suggested was impossible.

The industrialized world is being rudely reminded that stagflation is indeed possible, and policymakers are at a loss as to what to do about it.This well-respected text provides a lively, comprehensive, and authoritative account of the emergence and evolution of the European Union from the aftermath of the Second World War to the uncertainties of the present era.

It explains the forces, events, and individuals that have shaped one of the most unusual and controversial political entities in history.