Crises of Governments: The Ongoing Global Financial Crisis & Recession by Robert

Description: Crises of Governments by Robert J. Barro Estimated delivery 3-12 business days Format Paperback Condition Brand New Description Examines the causes and consequences of the financial crash. This title looks at the effects of fiscal stimulus packages and suggests that, whilst they may lead to an immediate positive impact on growth, the effect can quickly wear off and the effect of the so-called stimulus packages can then be negative. Publisher Description In this short book, Robert Barro, one of the worlds leading economists, examines the causes and consequences of the financial crash. In particular, he looks at the effects of fiscal stimulus packages and suggests that, whilst they may lead to an immediate positive impact on growth, the effect will quickly wear off and the effect of the so-called stimulus packages will then be negative. These are important observations given the pressure that Western governments are under to increase government borrowing in the face of slowing growth rates. The author moves on to discuss what he believes will be the next crisis - a crisis of government indebtedness. This publication is based on a lecture given in July 2011 and such a crisis has, indeed, unfolded. However, Professor Barro expects that this crisis will not be confined to the Eurozone. For example, US states are failing to deal with the problems of both explicit debt and future pensions and social insurance obligations. The author concludes with suggestions as to how governments should deal with these growing problems.This publication should be of interest to all who want to understand the wider economic implications of the financial crisis and the policy response to that crisis. Author Biography Robert Barro is an economics professor at Harvard University, coeditor of Harvards Quarterly Journal of Economics, a senior fellow at Stanford Universitys Hoover Institution, and was recently president of the Western Economic Association and vice president of the American Economic Association. He has written extensively on macroeconomics and economic growth for many publications, including Business Week and the Wall Street Journal. Details ISBN 0255366574 ISBN-13 9780255366571 Title Crises of Governments Author Robert J. Barro Format Paperback Year 2011 Pages 64 Publisher Institute of Economic Affairs GE_Item_ID:146700282; About Us Grand Eagle Retail is the ideal place for all your shopping needs! With fast shipping, low prices, friendly service and over 1,000,000 in stock items - you're bound to find what you want, at a price you'll love! Shipping & Delivery Times Shipping is FREE to any address in USA. Please view eBay estimated delivery times at the top of the listing. Deliveries are made by either USPS or Courier. We are unable to deliver faster than stated. International deliveries will take 1-6 weeks. NOTE: We are unable to offer combined shipping for multiple items purchased. This is because our items are shipped from different locations. Returns If you wish to return an item, please consult our Returns Policy as below: Please contact Customer Services and request "Return Authorisation" before you send your item back to us. Unauthorised returns will not be accepted. Returns must be postmarked within 4 business days of authorisation and must be in resellable condition. Returns are shipped at the customer's risk. We cannot take responsibility for items which are lost or damaged in transit. For purchases where a shipping charge was paid, there will be no refund of the original shipping charge. Additional Questions If you have any questions please feel free to Contact Us. Categories Baby Books Electronics Fashion Games Health & Beauty Home, Garden & Pets Movies Music Sports & Outdoors Toys

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End Time: 2024-12-08T04:49:25.000Z

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