The Keynesian Approach of Business Cycle and Economic Crises and its Criticism
The main purpose of this article is to briefly present the Keynesian explanation of business cycle, economic fluctuation and crises, and also the solutions proposed from Keynesian perspective to the economic problems that characterize the bust phases of the business...
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| Format: | Article |
| Language: | ron |
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Institute for World Economy
2009-10-01
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| Series: | Revista de Economie Mondială |
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| Online Access: | http://iem.ro/rem/index.php/REM/article/view/70/56 |
| _version_ | 1811246558130208768 |
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| author | Ionela Bălțătescu |
| author_facet | Ionela Bălțătescu |
| author_sort | Ionela Bălțătescu |
| collection | DOAJ |
| description | The main purpose of this article is to briefly present the Keynesian explanation of business cycle, economic fluctuation and crises, and also the solutions proposed from Keynesian perspective to the economic problems that characterize the bust phases of the business cycles (unemployment, recessions). In the fourth section of the article some criticisms of the Keynesian theoretical approach of the economic crises are considered and summarized. |
| first_indexed | 2024-04-12T14:55:12Z |
| format | Article |
| id | doaj.art-46272dd984cb4e8192fadfa20efb6a2a |
| institution | Directory Open Access Journal |
| issn | 2343-9521 2343-9521 |
| language | ron |
| last_indexed | 2024-04-12T14:55:12Z |
| publishDate | 2009-10-01 |
| publisher | Institute for World Economy |
| record_format | Article |
| series | Revista de Economie Mondială |
| spelling | doaj.art-46272dd984cb4e8192fadfa20efb6a2a2022-12-22T03:28:15ZronInstitute for World EconomyRevista de Economie Mondială2343-95212343-95212009-10-01143345The Keynesian Approach of Business Cycle and Economic Crises and its CriticismIonela Bălțătescu0Institutul de Economie MondialaThe main purpose of this article is to briefly present the Keynesian explanation of business cycle, economic fluctuation and crises, and also the solutions proposed from Keynesian perspective to the economic problems that characterize the bust phases of the business cycles (unemployment, recessions). In the fourth section of the article some criticisms of the Keynesian theoretical approach of the economic crises are considered and summarized.http://iem.ro/rem/index.php/REM/article/view/70/56economic crisesKeynesliquidity preferenceunemploymentunder-consumptionfiscal and monetary policy |
| spellingShingle | Ionela Bălțătescu The Keynesian Approach of Business Cycle and Economic Crises and its Criticism Revista de Economie Mondială economic crises Keynes liquidity preference unemployment under-consumption fiscal and monetary policy |
| title | The Keynesian Approach of Business Cycle and Economic Crises and its Criticism |
| title_full | The Keynesian Approach of Business Cycle and Economic Crises and its Criticism |
| title_fullStr | The Keynesian Approach of Business Cycle and Economic Crises and its Criticism |
| title_full_unstemmed | The Keynesian Approach of Business Cycle and Economic Crises and its Criticism |
| title_short | The Keynesian Approach of Business Cycle and Economic Crises and its Criticism |
| title_sort | keynesian approach of business cycle and economic crises and its criticism |
| topic | economic crises Keynes liquidity preference unemployment under-consumption fiscal and monetary policy |
| url | http://iem.ro/rem/index.php/REM/article/view/70/56 |
| work_keys_str_mv | AT ionelabaltatescu thekeynesianapproachofbusinesscycleandeconomiccrisesanditscriticism AT ionelabaltatescu keynesianapproachofbusinesscycleandeconomiccrisesanditscriticism |