TY - JOUR
T1 - Unintended consequences of crisis management
AU - Csaba, László
N1 - További megjelenés: DREIER,H.- GRAF,F.W.- HESSE,J.-J.szerk: Staatswissenschaften und Staatspraxis. Baden-Baden: Nomos Verlagsgesellschaft, 151-170.old.
PY - 2009
Y1 - 2009
N2 - This contribution attempts to decipher the largely unintended, still predictable consequences of crisis management in the global economy. In a series of improvised, case-by case and unilaterally demand-focused measures, governments tried to extend the Keynesian arsenal to a system whose basic features are unlike those of the national economy. While the collapse of output and employment, on par with the Great Depression, could indeed be averted, conditions for the resumption of sustainable finance and growth have been undermined.
AB - This contribution attempts to decipher the largely unintended, still predictable consequences of crisis management in the global economy. In a series of improvised, case-by case and unilaterally demand-focused measures, governments tried to extend the Keynesian arsenal to a system whose basic features are unlike those of the national economy. While the collapse of output and employment, on par with the Great Depression, could indeed be averted, conditions for the resumption of sustainable finance and growth have been undermined.
UR - https://m2.mtmt.hu/api/publication/2065616
M3 - Article
SN - 1610-7780
VL - 7
SP - 50
EP - 70
JO - Zeitschrift für Staats- und Europawissenschaften
JF - Zeitschrift für Staats- und Europawissenschaften
IS - 4
ER -