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Notas sobre a Crescente (e peculiar) fragilidade financeira

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  • Santos, Claudio H. dos

Abstract

This paper reviews the theoretical roots and empirical basis of the so-called ?Structuralist-Keynesian? view on the unsustainability of current U.S. macroeconomic policies, associated with the names of Wynne Godley, Lance Taylor and John Eatwell, among others. It contrasts it with other views on the issue and argues that the case for the Structuralist-Keynesian view remains as strong as ever.

Suggested Citation

  • Santos, Claudio H. dos, 2004. "Notas sobre a Crescente (e peculiar) fragilidade financeira," Revista Economia e Sociedade, Instituto de Economia, Universidade Estadual de Campinas (UNICAMP), vol. 23, pages 1-27, January.
  • Handle: RePEc:euc:ancoec:v:23:y:2004:p:23-49
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    Keywords

    Financial fragility; Financial imbalances; U.S. economy.;

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies

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