INTERNATIONAL JOURNAL OF POLITICAL ECONOMY最新文献_第9页

The Risk of a Second Wave of Post-Crisis Frailty in the World Economy 危机后世界经济出现第二波疲弱的风险

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-11-23 DOI: 10.1080/08911916.2020.1857585

Nelson H. Barbosa-Filho, Alex Izurieta

引用次数: 3

The Crossroads: The Political Economy of the Pandemic 十字路口:大流行的政治经济学

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-11-23 DOI: 10.1080/08911916.2020.1857587

Wesley C. Marshall, E. Correa

引用次数: 7

What Have We Learned from the COVID-19 Crisis? Domestic and International Dimensions and Policy Options for a Post-Coronavirus World: Introduction 我们从COVID-19危机中学到了什么?后冠状病毒世界的国内和国际层面和政策选择:导论

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-11-23 DOI: 10.1080/08911916.2020.1857588

M. Seccareccia, Louis-Philippe Rochon

{"title":"What Have We Learned from the COVID-19 Crisis? Domestic and International Dimensions and Policy Options for a Post-Coronavirus World: Introduction","authors":"M. Seccareccia, Louis-Philippe Rochon","doi":"10.1080/08911916.2020.1857588","DOIUrl":"https://doi.org/10.1080/08911916.2020.1857588","url":null,"abstract":"Abstract This introductory article describes how modern financialized capitalist economies of the 21st Century, which adopted the neoliberal creed over the last half-century, have been facing increasing vulnerabilities whose acceptance of this policy system has made them progressively susceptible to crises, of which the COVID-19 pandemic will not be the last. Government actions, especially on the fiscal side, have led to an unprecedented evolution of key macroeconomic variables which have stood on its head the neoliberal logic. Given the requirements to protect our societies from the Coronavirus through programmed cuts in both employment and consumption spending, particularly during the severe lockdowns, government actions have not only starved modern credit-driven financialized economies of their key fuel but have, in many ways, further magnified the income and wealth inequalities that characterize our 21st Century dual economies. The challenge will be how to break away from the neoliberal discourse that wants a return to the austerity policy box and to focuses, instead, on much-needed public investments with an eye to the future that will build public capacity so that modern societies become less vulnerable to future crises.","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08911916.2020.1857588","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43177703","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

The Economic Consequences of COVID-19: The Great Shutdown and the Rethinking of Economic Policy COVID-19的经济后果:大停工和经济政策的反思

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-11-23 DOI: 10.1080/08911916.2020.1857589

M. Vernengo, Suranjana nabar-bhaduri

{"title":"The Economic Consequences of COVID-19: The Great Shutdown and the Rethinking of Economic Policy","authors":"M. Vernengo, Suranjana nabar-bhaduri","doi":"10.1080/08911916.2020.1857589","DOIUrl":"https://doi.org/10.1080/08911916.2020.1857589","url":null,"abstract":"Abstract This article examines the implications of the COVID-19 economic crisis for macroeconomic policy, and the roles of the State and the Fed and monetary policy in the United States economy. It argues that that the main effect will be to reinforce trends that had begun during the 2008 Great Recession in terms of the increasing relevance of counter-cyclical fiscal policies and monetary policy. The scale of fiscal policy responses needed to address the present crisis will have significant implications for the size of fiscal deficits and the federal debt, and are, therefore, likely to face political resistance and calls for fiscal austerity. Not only higher levels of deficits and debt will be necessary, but to some degree planning, not just to deal with pandemics, might become more relevant. Geopolitical concerns, aggravated by the pandemic will be another significant factor contributing to the growing role of the state. The financing needs of the fiscal interventions will in turn reinforce trends with respect to the role of the Fed as the fiscal agent of the Treasury that had been previously witnessed during the Great Depression and the 2007–9 Great Recession.","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08911916.2020.1857589","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42745121","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 11

A Gathering of Storms: The Impact of COVID-19 Pandemic on the Balance of Payments of Emerging Markets and Developing Economies (EMDEs) 风暴汇聚：新冠肺炎疫情对新兴市场和发展中经济体国际收支的影响

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-11-23 DOI: 10.1080/08911916.2020.1857586

P. Bortz, Gabriel Michelena, Fernando Toledo

{"title":"A Gathering of Storms: The Impact of COVID-19 Pandemic on the Balance of Payments of Emerging Markets and Developing Economies (EMDEs)","authors":"P. Bortz, Gabriel Michelena, Fernando Toledo","doi":"10.1080/08911916.2020.1857586","DOIUrl":"https://doi.org/10.1080/08911916.2020.1857586","url":null,"abstract":"Abstract The aim of this article is to track the impact of the COVID-19 pandemic crisis on EMDEs focusing on the performance of their Balance of Payments (BOPs). EMDEs are facing simultaneous hits in their BOPs as they try to cope with the domestic impact of the COVID-19 pandemic. Those impacts call for a rethinking of some aspects of the Keynesian Approach to BOPs while strengthening the view of international financial markets as hierarchical and volatile institutions. The external impacts can be summarized in four channels: (i) The unprecedented capital flight which has led to depreciation, scarcity of hard currency, debt problems and rising spreads in domestic currency; (ii) the fall in commodity prices, a major component of the export basket in most EMDEs; (iii) the contraction in global aggregate demand and supply, which together with lower commodity prices lead to reduced export earnings; and (iv) the decrease in remittances, a major supply of hard currency in several EMDEs and Low-Income Countries (LICs). The concomitant impact of these “storms” has limited the capabilities and efficiency of governments to adopt fiscal and monetary stimulus packages and to respond to the sanitary requirements. Government reactions are also clogged by the large weight of the informal sector in EMDEs.","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-11-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08911916.2020.1857586","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42536643","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 5

A Taxonomy of Liquidity 流动性的分类

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-08-26 DOI: 10.1080/08911916.2020.1824734

J. Culham

引用次数: 2

The History of Consumer Credit in Brazil: From the Developmentalist Era to Lula 巴西消费信贷的历史:从发展主义时代到卢拉

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-08-26 DOI: 10.1080/08911916.2020.1824736

D. Santanna

引用次数: 0

Labor Productivity Convergence in Mexico 墨西哥的劳动生产率趋同

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-08-26 DOI: 10.1080/08911916.2020.1824733

Francisco A. Castellanos-Sosa

引用次数: 4

Structuralism and Human Development: A Seamless Marriage? An Assessment of Poverty, Production and Environmental Challenges in CARICOM Countries 结构主义与人类发展:天衣无缝的联姻?对加勒比共同体国家贫困、生产和环境挑战的评估

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-08-14 DOI: 10.1080/08911916.2020.1824735

Keston K. Perry

{"title":"Structuralism and Human Development: A Seamless Marriage? An Assessment of Poverty, Production and Environmental Challenges in CARICOM Countries","authors":"Keston K. Perry","doi":"10.1080/08911916.2020.1824735","DOIUrl":"https://doi.org/10.1080/08911916.2020.1824735","url":null,"abstract":"Abstract The article examines the current human development experience of CARICOM nations focusing on the interconnected challenges of poverty, production and the environment that show continuing uneven development. Using an extended structuralist framework based on international political economy dynamics, it incorporates organizational dynamics and domestic politics, especially the role of rents in influencing productive and inclusive development. In this way, the article examines the 2016 Caribbean Human Development Report (CHDR) and finds evidence that human development, proxied by expenditures on education and healthcare, has decoupled from productive capability evinced by decreasing industrial output. We concur with recent critiques of the human development paradigm (HDP) that it has ignored a productionist view of development and thus limits the scope of development policy to bring about broad production transformation. By and large, structural heterogeneity also represents a challenge in CARICOM countries. Linked to questions of development finance, we find that the CHDR’s analysis of environmental concerns offers a narrow instrumentalist view and further marginalizes a deeper understanding of CARICOM countries’ asymmetrical relationship with transnational forces in the global economy. This contribution offers an integrated approach showing continued peripheralization and helps identify structural, socio-political and technical drivers that underpin the region’s complex development challenges.","PeriodicalId":44784,"journal":{"name":"INTERNATIONAL JOURNAL OF POLITICAL ECONOMY","volume":null,"pages":null},"PeriodicalIF":1.2,"publicationDate":"2020-08-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1080/08911916.2020.1824735","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43766204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 4

Germany and China Have Savings Gluts, the USA Is a Sump: So What? 德国和中国有储蓄高峰，美国是个低谷：那又怎样？

IF 1.2

INTERNATIONAL JOURNAL OF POLITICAL ECONOMY Pub Date : 2020-08-04 DOI: 10.36687/inetwp132

L. Taylor

引用次数: 4