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From economic stagnation to systemic fragility?

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  • Jan Nederveen Pieterse

Abstract

Advanced economies are in a rut of slow growth. Growth in emerging economies has also slowed. Explanations are meager and policies have not worked or have made problems worse. The Trump administration of hard-line billionaires will likely exacerbate problems. Jack Rasmus’s book Systemic Fragility in the Global Economy offers a penetrating analysis of economic stagnation in advanced economies by providing a sustained and systemic focus on the role of finance, an analysis that probes further than mainstream economic analysis. Rasmus has made a signal contribution to contemporary economics and provided a vitally important X-ray of the political economy of stagnation.

Suggested Citation

  • Jan Nederveen Pieterse, 2017. "From economic stagnation to systemic fragility?," Journal of Post Keynesian Economics, Taylor & Francis Journals, vol. 40(2), pages 272-277, April.
    • Handle: RePEc:mes:postke:v:40:y:2017:i:2:p:272-277
    DOI: 10.1080/01603477.2017.1309982
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    References listed on IDEAS

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