Out of the Crisis – But How? Post-Crisis Scenarios of Economic Growth
Out of the Crisis – But How? Post-Crisis Scenarios of Economic Growth
Author(s): Alojzy Z. NowakSubject(s): Economy
Published by: Centrum Europejskie Uniwersytetu Warszawskiego
Summary/Abstract: This text examines the post-crisis scenarios of economic growth. In order to explain the possible variants of future developments, it first provides an account of the crisis and describes the diverse types of state interventions used to control the crisis, and their immediate effects. Next the various possible scenarios of economic growth are considered, taking into account their probabilities, e.g. low likelihood of a consumer boom, possible increase in investments, but reasons as well for its possible decrease. Further on the article assesses the dynamics of the growth factors presented and the role of global co-operation in handling the crisis. The Author concludes that in order to avert a repeat financial meltdown, a mix of strategies and approaches needs to be adopted. Introduction
Journal: Yearbook of Polish European Studies
- Issue Year: 2009
- Issue No: 12
- Page Range: 91-104
- Page Count: 14
- Language: English