But when a large number of economies
in the region are engulfed in balance sheet recessions at the same time, and if all of them must abide by the Maastricht limit, a fallacy of composition problem is created which will push the entire region into a deflationary spiral.
Locations include not just the traditional G7 economies
, but areas such as Singapore, Latin America, Russia, Australia and India.
The word "globalization" describes processes of social change having any kind of international dimension: changing economies
, power relations, communication, cultures, and organizations.
It is no accident that almost all of the world's most competitive economies
JEFFREY MADRICK'S Why Economies
Grow is a short work with a big ambition: Debunk mainstream economics about the best way to promote faster economic growth.
It may be that other aspects of these East Asian economies
have driven their growth and that the statistical analysis of labor-force quality is simply picking out these countries.
For Derrida, it thus seems that earthly and heavenly economies
simply represent immanent and transcendental versions of each other, alike in shape, different merely in terms of currency, and with a an extremely good exchange and growth rate, if the investment will pay off.
Krugman explains how various countries with previously strong economies
have gotten into a mess in the last few years, often prodded to so do by the International Monetary Fund.
If we can use those resources on a scale that won't destroy the landscape, and if we can make the local farm and forest economies
as integrated and self-sustaining as possible, we could assure work to the maximum number of people.
In 1999, world growth is likely to be negative - and all Asian economies
appear to be getting worse.
Thus, problems that appeared first in Thailand more than a year ago quickly spread to other East Asian economies
that are relatively new participants in the international financial system, and subsequently to Russia and to some degree to eastern Europe and Latin America.
What is important to us is that they have been forced to look beyond the simple introduction of technology as a panacea for stagnant economies
in most of the major industrial democracies are essentially stagnant.
to provide the dynamism and to stimulate the growth that their economies
Growth in the world and the industrialized economies
in 1995 was slower than expected.