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Gross domestic product growth rates for the world, developed economies and emerging economies

The ‘Big Rethink’ in macroeconomics

  • The Great Recession upended much of economic theory
  • New ideas are mostly Keynesian with a modern twist
  • Many economists want to focus on eliminating inequality
  • This ideological turn could have negative effects
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Professor Elisabeth Krecké
We might have to deal with the defects of increasingly intrusive governments that try to reinvent central planning
read more about it in the report
What's inside
  • The Great Recession upended much of economic theory
  • New ideas are mostly Keynesian with a modern twist
  • Many economists want to focus on eliminating inequality
  • This ideological turn could have negative effects
Who will benefit?
  • Decision makers who want a deeper understanding of economic theory
  • Policymakers dealing with economic crisis-response plans
  • Academics and researchers studying macroeconomic trends
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