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The aim of this paper is to illustrate a few aspects related to the shortcomings of the mainstream economics, and its unrealistic theoretic assumptions, as it completely failed to anticipate the current economic crisis. In the same time we intend to highlight the much more realistic theories...
Persistent link: https://www.econbiz.de/10010675700
The notion of saving has undergone a series of interpretations both economic and psychological and sociological. However these notions on contemporary concepts derive from the argument that marks the whole Keynesian literature. In his view J.M. There is several motives Keynes's preference for...
Persistent link: https://www.econbiz.de/10010631814
Keynes is principal actor of the what revolution personates it, but not the only one; the same inclination we can meet to the his disciples, The members of the group which has never borne the burden of clasicism- neo or postkeynesists. Below the aspect of economic growth, in „General Theory”...
Persistent link: https://www.econbiz.de/10010631992
This paper aims to show the different approaches of monetary policies from a Keynesian and a Monetarist perspective. We will present a critical view about money and monetary theories by comparing two of the most important and influential schools of economic thinking: Keynesian paradigm and...
Persistent link: https://www.econbiz.de/10010632704
The great inflation of the 70s, triggered after two decades of stability and growth was explained as known, by the representatives of neo-liberal economic theory as due to the erroneous feature of state interventionism policies inspired by Keynesian doctrine, which have been mainly applied...
Persistent link: https://www.econbiz.de/10010632773
Investment projects have as purpose the satisfaction of some necessities or whishes of the management of a company. When it is taken a decision regarding investments it is known the fact that these assume the consumption of human, financial and material resources. Thus, the decision factors take...
Persistent link: https://www.econbiz.de/10010940684
The countries in transition need FDI not just to produce more goods and a higher quality. Foreign capital investments are the most efficient and safe way to integrate into the world economy. Further, we shall examine some structural changes, which had been made, under the influence of FDI, in...
Persistent link: https://www.econbiz.de/10010925916
Global economy is strongly influenced by the capital flows between states, impacting on their development Even if the motivation of international investment is the wish of investors to obtain higher income and profits in the host country than in the origin country, these earnings are positive...
Persistent link: https://www.econbiz.de/10010925930
Government policies have a significant effect over the impact that investments have on the economic and social environment. Trade measures to reduce or eliminate transaction costs, the increase in efficiency as a result of competitiveness, capital flows from west and labor mobility are factors...
Persistent link: https://www.econbiz.de/10010675629
Over the last few decades wind energy renewed the interest to its environmental benefits over fossil fuel combustion. The wind has been used as an energy source by people in the past and as long as the wind continues to blow, its power can be used on the large scale. The wind is converted into...
Persistent link: https://www.econbiz.de/10010675631