a brief study on the history of 20th century reveals that capitalist system has been facing to political, military and economic crisis including world wars i and ii, economic crisis of 1929 and 1973, economic crisis of southeast of asia in 90s and the current economic crisis. while theories of international political economy have in common with the occurrence of the crisis itself, they are diff...

This paper conducts a comprehensive empirical analysis to examine the stability of the overall system of exchange rates along two dimensions: does the choice of exchange rate regime help individual countries achieve their domestic macroeconomic goals? And does this choice of regime facilitate the country’s interaction with the rest of the system? The empirical findings suggest that there is no ...

With continued economic growth and expanding mortgage markets, until recently the pattern across advanced economies was of growing homeownership sectors. The Great Financial Crisis (GFC) has however, undercut this growth resulting in the contraction of homeownership access in many countries and the revival of private renting. This paper argues that these tenure changes are not solely a conseque...

Two dynamic general equilibrium economies compete in explaining the United States’interwar business cycles. Despite the demand driven contender’s slight advantages, the results remain too close to call a clear winner.

The 1997 Indonesian financial crisis resulted in severe economic dislocation and political upheaval, and the detrimental consequences for economic welfare, physical health, and child education have been established in several studies. The crisis also adversely impacted the psychological well-being of the Indonesian population. Comparing responses of the same individuals interviewed before and a...

Objective: Recent studies have begun to look at the impact of the economic crisis on mental health. This paper tries to summarize the most important findings with regard to effects of the economic crisis on mental health in Spain on the basis of a comprehensive literature review. Results: Most of the studies agree on the negative consequences on mental health of the Spanish economic crisis. A d...

Submit Manuscript | http://medcraveonline.com the circumstance is an economic crisis [1]. The last economic crisis of 2007-8 has spurred interest in understanding purported health effects of an economic crisis. A group under the auspices of Ralph Catalano warns that although undesirable job and financial experiences increase the risk of psychological and behavioural disorders, many other suspec...

Multinationals as Stabilizers? Economic Crisis and Plant Employment Growth This paper examines the link between multinational enterprises and employment growth at the plant-level. We investigate in detail the comparative response of multinationals and domestic firms to an economic crisis, using the empirical setting of a well defined case of economic slowdown in Chile as a natural experiment. I...