IDEAS home Printed from https://ideas.repec.org/p/ipu/wpaper/18.html
   My bibliography  Save this paper

A new political economy approach for the economic crisis

Author

Listed:
  • Giuseppe Vitaletti

    (Tuscia University, Italy)

Abstract

This paper formulates and discusses the hypothesis of a long run unbalance between Saving and Investment. Various remedies are proposed for such a problem, in the actual situation of economic crisis, depending on such unbalance. Among them there are: an agreement at G20 political level, for the structural equilibrium of single countries balances of trade; at the same political level, understandings aimed at making real interest tend to zero structurally; the option for a very high ratio between public debt and GDP; the conditional measures which reduces the growth of public debt, and allows, at a later time, the target of stabilisation of the ratio between Debt and GDP.

Suggested Citation

  • Giuseppe Vitaletti, 2015. "A new political economy approach for the economic crisis," Working papers 18, Società Italiana di Economia Pubblica.
    • Handle: RePEc:ipu:wpaper:18
    as

    Download full text from publisher

    File URL: http://www.siepweb.it/siep/wp/wp-content/uploads/repec/1420710689Vitaletti_WP_SIEP_684.pdf
    File Function: Full text
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Giuseppe Vitaletti, 2008. "The Optimal Lifetime of Capital Goods: a Restatement of Sraffa's Analysis of Fixed Capital," Review of Political Economy, Taylor & Francis Journals, vol. 20(1), pages 127-145.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Giuseppe Vitaletti, 2020. "Rate of Interest and Public Debt in a Sraffian-Keynesian Model," Bulletin of Political Economy, Bulletin of Political Economy, vol. 14(2), pages 219-231, December.
    2. Giuseppe Vitaletti, 2016. "Raising public debt, structural reduction of interest, end of the economic crisis," Working papers 44, Società Italiana di Economia Pubblica.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Giuseppe Vitaletti, 2019. "Sraffa, saggio di interesse, sistema fiscale," Working papers 80, Società Italiana di Economia Pubblica.
    2. Giuseppe Vitaletti, 2020. "Rate of Interest and Public Debt in a Sraffian-Keynesian Model," Bulletin of Political Economy, Bulletin of Political Economy, vol. 14(2), pages 219-231, December.

    More about this item

    Keywords

    crisis; foreign commerce; public debt; public deficit; rents;
    All these keywords.

    JEL classification:

    • E - Macroeconomics and Monetary Economics
    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F - International Economics

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ipu:wpaper:18. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Monica Bozzano (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.