1,721,377 research outputs found
Brief von Philip Arestis an Kurt Rothschild
No full textBRIEF VON PHILIP ARESTIS AN KURT ROTHSCHILD
Brief von Philip Arestis an Kurt Rothschild ([1]
Brief von Philip Arestis an Josef Steindl
No full textBRIEF VON PHILIP ARESTIS AN JOSEF STEINDL
Brief von Philip Arestis an Josef Steindl ([1]
Brief von Josef Steindl an Philip Arestis
No full textBRIEF VON JOSEF STEINDL AN PHILIP ARESTIS
Brief von Josef Steindl an Philip Arestis ([1]
Brief von Philip Arestis an Josef Steindl
No full textBRIEF VON PHILIP ARESTIS AN JOSEF STEINDL
Brief von Philip Arestis an Josef Steindl ([1]
Brief von Kurt Rothschild an Philip Arestis
No full textBRIEF VON KURT ROTHSCHILD AN PHILIP ARESTIS
Brief von Kurt Rothschild an Philip Arestis ([1]
Brief von Philip Arestis an Josef Steindl
No full textBRIEF VON PHILIP ARESTIS AN JOSEF STEINDL
Brief von Philip Arestis an Josef Steindl ([1]
"The Sustainability of Economic Recovery in the United States: The Risks to Consumption and Investment"
Get PDFFrom this paper's Preface, by Dr. Dimitri B. Papadimitriou, President: A rebound of consumption, investment, and consumer confidence in the second half of 2003 has raised hopes that the U.S. economic recovery from the 2001 recession is on a sustainable course. According to this brief by Philip Arestis and Elias Karakitsos, however, the trend in the short-term factors affecting the economy has changed for the better, but long-term factors remain at risk. Slow, rather than rapid, economic growth is better in 2004, the authors say, as rapid growth would result in higher long-term interest rates, which would threaten the property market boom and weaken investment in 2005 and beyond. The authors are sure, however, that the current administration will find it difficult to refrain from additional procyclical fiscal stimulus in light of the upcoming presidential election. The result could lead to a rapidly declining U.S. economic growth rate following the election in November.
Essays in honour of Paul Davidson, 3, Method, theory and policy in Keynes / ed. by Philip Arestis
No full textESSAYS IN HONOUR OF PAUL DAVIDSON, 3, METHOD, THEORY AND POLICY IN KEYNES / ED. BY PHILIP ARESTIS
Essays in honour of Paul Davidson (-)
Essays in honour of Paul Davidson, 3, Method, theory and policy in Keynes / ed. by Philip Arestis (3) (-
Supplemental material for A panel analysis of Brazilian regional inequality
No full textSupplemental Material for A panel analysis of Brazilian regional inequality by Philip Arestis and Peter Phelps in Environment and Planning A: Economy and Space</p
Financial Sector Reforms in Developing Countries with Special reference to Egypt
No full textFinancial Sector Reforms in Developing Countries with Special Reference to Egypt Philip Arestis, The Levy Economics Institute of Bard College ABSTRACT Financial reforms, and financial liberalization in particular, have been at the root of many recent cases of financial and banking crises. In several countries financial reforms allowed real interest rates to reach levels exceeding 20 percent per annum in some cases; in other cases, banking and financial crises led to currency crises. National governments either abandoned attempts at implementing financial liberalization (some countries even reimposed controls) or were forced to intervene by nationalizing banks and guaranteeing deposits. This paper draws on this experience to show that the main cause of these crises is the application of a theoretical framework that is predicated on a number of assumptions that are problematic and based on weak empirical foundations. Consequently, it should be no surprise that the reforms were often unsuccessful and in many cases led to severe financial crises. We will also argue that the case of Egypt is particularly interesting in this regard, since although financial reforms have been enacted, the experience has been rather different: there has been no accompanying financial crisis.financial reforms, financial crises, developing countries, Egypt
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