1.

Record Nr.

UNINA9910156189903321

Autore

Prabhakar Akhilesh Chandra

Titolo

The current global recession : a theoretical and empirical investigation into developed and BRICS economics / / by Akhilesh Chandra Prabhakar

Pubbl/distr/stampa

Bingley, England : , : Emerald Group Publishing Limited, , 2017

©2017

Descrizione fisica

1 online resource (455 pages) : illustrations

Disciplina

650.072

Soggetti

Macroeconomics

Business & Economics - Economics - Macroeconomics

Monetary economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di bibliografia

Includes bibliographic references and index.

Sommario/riassunto

This generation's economic crisis has truly global reach, with repercussions reverberating throughout nations and across societies. Prabhakar investigates the world-wide depression, using empirical understanding and new data sets on indicator and policy variables. He focuses on: the overall causes of this crisis and the failures of mainstream economics; analyzes the rising tide of poverty and social inequality resulting from the depression; examines the relationship between the economic crisis and economic systems; studies the evolution of the global monetary system and history of central banking; and delves into BRICS with a particular focus on China and India, as well as Europe and the United States. This applicable work should be used to understand and study the true global reach of this crisis, and the effect on economic policy and society as a whole.