000 01541nam a22003497u 4500
001 pwiiw3090
003 OSt
005 20260518120039.0
008 131219t2013 au ||||| |||| 00| ||eng d
040 _cOSt
041 _aeng
084 _aE21
_aE42
_aE44
_aE62
_aF21
_aF51
_aG12
_aG15
_2jelc
100 1 _aBhaduri, Amit
245 1 0 _aWhat Remains of the Theory of Demand Management in a Globalising World?
260 _aWien :
_bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
_c2013.
300 _a8 S.,
_b
_c30cm.
490 1 _awiiw Policy Notes and Reports
_v12
520 _aThe 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.
650 _aaggregate demand
650 _areal and money wage
650 _aincome distribution
650 _atrade war
650 _ashadow banks
650 _aendogenous money
650 _acredit rating
651 _anon specific
690 _aMacroeconomic Analysis and Policy
690 _aInternational Trade, Competitiveness and FDI
830 0 _v12
_wWIIW0000092
_twiiw Policy Notes and Reports
856 4 0 _uhttps://wiiw.ac.at/p-3090.html
942 _cP
999 _c8519
_d8519