2001 & 2007 Recessions prompted remaking of the international organizations
AbstractCountercyclical Economics to enhance business cyclical economics, Global World Trade Organization (WTO), the International Monetary Fund (IMF), and the World Bank (WB) to change from Instrumental for International Lending and International Investment to 1) Managing their own Monetary Policies by expanding the issuance of SDR and fluctuating Interest Rate, 2) Promotional for Business Development through Low-Interest Finance and Subsidies and 3) Controlling for global Market Balance of demand-to-supply by using Monetary and other Policies. Natural and/or artificial market agents to create the needed market (1/f noise) that will alleviate the shrinking market activities and the rising unemployment.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 34588.
Date of creation: 30 Sep 2011
Date of revision:
economics; globalization; microeconomics; macroeconomics; international financial organizations; IMF; WTO; WB; quantum economics;
Find related papers by JEL classification:
- A1 - General Economics and Teaching - - General Economics
- C0 - Mathematical and Quantitative Methods - - General
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-11-14 (All new papers)
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