01541nam a22003497u 4500 pwiiw3090 OSt 20260516120039.0 131219t2013 au ||||| |||| 00| ||eng d OSt eng E21 E42 E44 E62 F21 F51 G12 G15 jelc Bhaduri, Amit What Remains of the Theory of Demand Management in a Globalising World? Wien : Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw), 2013. 8 S., 30cm. wiiw Policy Notes and Reports 12 The paper explains a curious redirection of economic policies that uses the policy framework of Kalecki and Keynes only to undermine it. It does not negate their theory of demand management, but reformulates it to serve the powerful interests of finance in the era of financial globalisation. As a result accountability to finance rather than to the citizens becomes more important for democratic governments and credit rating dominates democratic performance. aggregate demand real and money wage income distribution trade war shadow banks endogenous money credit rating non specific Macroeconomic Analysis and Policy International Trade, Competitiveness and FDI 12 WIIW0000092 wiiw Policy Notes and Reports https://wiiw.ac.at/p-3090.html P 8519 8519 0 0 0 0 BIB BIB 1 2013-12-19 pwiiw3090 0 /12 1000010003090 2013-12-19 00:00:00 2018-07-19 P