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DISCOURAGING SHOCKWAVES UNDER SIMULATED GREEN SHOOTS AMONG DEVELOPED COUNTRIES
Journal: Bulletin of Taras Shevchenko National University of Kyiv. Economics (Vol.152, No. 11)Publication Date: 2013-10-29
Authors : V. Osetskyi; I. Kalinkova;
Page : 63-68
Keywords : green shoots; shocks; monetary shocks; shockwaves; developing countries domination; discouraging trend; recession;
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Abstract
Current paper performs a range of economic recovery signs during a permanent stagnation of the business cycle phase preview. However, most of those greenshoots are simulated on the back of almost total macroeconomic policy disability. Meanwhile, an economic immobility escalates along with a new developing countries’ domination trend. Mentioned forces finally predetermine current macroeconomic policy architectonics.
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