When was the keynesian era

According to the IMF, there actually is no alternative in the current global setting. English Deutsch. User menu Log in. Sustainable development requires global awareness and local action. Inhalt Briefings. Children's rights. Children's rights matter - and deserve more attention. Digital technology is changing how we live. Forms and impacts of racism. The coronavirus pandemic is affecting societies and economies around the globe.

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A difficult task. Civil society and local government. Sustainable business and sustainable environment. Democracy and the rule of law. Disasters and humanitarian relief. Employment and the fight against poverty. Food security and agriculture. International relations and cooperation. Peace and human security. Download preview PDF. Skip to main content. This service is more advanced with JavaScript available. Advertisement Hide. Authors Authors and affiliations Robbie Gilbert. The Employment Policy White Paper, which marks the move away from pre-war enthusiasm for the market towards post-war Keynesian intervention, shrugs off the tenets of classical economic theory with condescending disparagement: It was at one time believed that every trade depression would automatically bring its own corrective, since prices and wages would fall, the fall in prices would bring about an increase in demand, and employment would thus be restored.

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