Artikel

Essay on international financial crisis and endogenous growth theory

This paper reviews endogenous growth theories in the light of the modern reality. It seems that economies which are similar in technologies and preferences are expected to converge to the same level of per capita income. The question How are repetitions of financial crisis best predicted? is still not answered. It also seems that combining of these models in a singular theory of business coexistence between neo-classical growth models during Peace time, and unpredicted forces and engines, which move economics during Crisis time, provide a treatment solution.

Language
Englisch

Bibliographic citation
Journal: International Journal of Economic Sciences and Applied Research ; ISSN: 1791-3373 ; Volume: 2 ; Year: 2009 ; Issue: 1 ; Pages: 7-15 ; Kavala: Kavala Institute of Technology

Classification
Wirtschaft
Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: General (includes Measurement and Data)
General Financial Markets: General (includes Measurement and Data)
Business Economics
Subject
business coexistence
endogenous growth theories

Event
Geistige Schöpfung
(who)
Molochny, Boris
Event
Veröffentlichung
(who)
Kavala Institute of Technology
(where)
Kavala
(when)
2009

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Artikel

Associated

  • Molochny, Boris
  • Kavala Institute of Technology

Time of origin

  • 2009

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