World economy, economics and economic policy: what emerges after the crisis?

Sherstnev, Mikhail (2013): World economy, economics and economic policy: what emerges after the crisis?

Abstract

The paper analyzes the current discussions on the state of economics with special focus on the interrelationships between key ideas of economic theories and real actions of economic policy in the course of the global economic crisis. The global economic crisis showed the limited ability of mainstream in economics to service the economic practice, and, therefore, the attention of researchers and economic policy-makers was drawn again to some alternative views in economics.

• Item Type: MPRA Paper
• Language: English
• Keywords: Economics, economic crisis, economic policy.
• Subjects: A - General Economics and Teaching > A1 - General Economics > A11 - Role of Economics ; Role of Economists ; Market for Economists; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook

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