The Great Depression Revisited
In: History of political economy, Band 16, Heft 3, S. 483-486
ISSN: 1527-1919
1923 Ergebnisse
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In: History of political economy, Band 16, Heft 3, S. 483-486
ISSN: 1527-1919
In: Harvard East Asian monographs 294
In: East European politics and societies and cultures: EEPS, Band 7, Heft 3, S. 452
ISSN: 0888-3254
[EN] This investigation started with an inquiry: did the Great Depression impact Latin America similarly? Does the case of Ecuador represent a point of dissimilarity? Ecuador does represent an atypical case in the region. The data presented in this study shows that the impact of the Great Depression in Latin America was uneven: while the region declined sharply from 1929 to 1932, and since 1933 it registers signs of accelerated growth, Ecuador remained stagnant throughout the decade studied.However, the development of some macroeconomic data are similar in the entire region because of the close commercial links with the United States of America. The evolution of foreign trade and public finances were similar: a profound reduction until 1932-1933, and then a quick recovery.Finally, the Great Depression represents a break point in Latin American: the growth of the region passes from depending on the external trade to a development that focused on the ingrowth. ; Naranjo Navas, CP.; Naranjo Navas, AD.; Navas Labanda, AC. (2019). The Impact of the Great Depression in Ecuador. Multidisciplinary Journal for Education, Social and Technological Sciences. 6(2):11-53. https://doi.org/10.4995/muse.2019.7766 ; SWORD ; 11 ; 53 ; 6 ; 2 ; Almeida, R. (1994). Kemmerer en el Ecuador. Serie Tesis - Historia. Quito, Ecuador: Facultad Latinoamericana de Ciencias Sociales Sede Ecuador. ; Banco Central de Ecuador. (1937). Decretos. Boletín Mensual , Año XI (122), 1-20. ; Banco Central de Ecuador. (Enero de 1940). Consumo Interno. Boletín Mensual, Año XIII, N.150-151. ; Banco Central del Ecuador. (1939). Notas Informativas. Boletín Mensual , Año XIII (145), 1-30. ; Bethell, L. (1998). Latin America: Economy and Society Since 1930. Cambridge: Cambridge University Press. https://doi.org/10.1017/CBO9780511626074 ; Bethell, L. (1991). Historia de América Latina. América Latina: economía y sociedad, c. 1870-1930. Barcelona, España: Editorial Crítica. https://doi.org/10.1017/CHOL9780521266529 ; Brian News Service. (1932). Edwin W. Kemmerer. ...
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In: Historical social research: HSR-Retrospective (HSR-Retro) = Historische Sozialforschung, Band 34, Heft 4, S. 402-418
ISSN: 2366-6846
'After a brief survey of the relationship between investment and business cycles the article analyzes whether there was macro-economic overinvestment in the second half of the 1920s in the U.S. and in Germany. Based on different indicators no empirical evidence for excessive investment in machinery and equipment as well as in buildings in the wake of the Great Depression is found.' (author's abstract)
Abstract This investigation started with an inquiry: did the Great Depression impact Latin America similarly? Does the case of Ecuador represent a point of dissimilarity? Ecuador does represent an atypical case in the region. The data presented in this study shows that the impact of the Great Depression in Latin America was uneven: while the region declined sharply from 1929 to 1932, and since 1933 it registers signs of accelerated growth, Ecuador remained stagnant throughout the decade studied.However, the development of some macroeconomic data are similar in the entire region because of the close commercial links with the United States of America. The evolution of foreign trade and public finances were similar: a profound reduction until 1932-1933, and then a quick recovery.Finally, the Great Depression represents a break point in Latin American: the growth of the region passes from depending on the external trade to a development that focused on the ingrowth.
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In: Journal of political economy, Band 86, Heft 1, S. 139-145
ISSN: 1537-534X
In: Voprosy ėkonomiki: ežemesjačnyj žurnal, Heft 2, S. 34-55
The monetary and financial sphere of the Russian economy is considered in the article as an interconnected system, which involves cross-border movement of capital, the budget deficit formation and financing, the Central Bank monetary policy, the credit activity of banks. The article traces the changes in the functioning of the monetary and financial system of Russia in 2014-2015 under the influence of external shocks. The author challenges some of the accepted explanations of the dynamics of macroeconomic indicators, in particular, the automatic dependency in the short run of the exchange rate on the oil export prices, a critical dependence of the spectrum of interest rates on the Central Bank key rate. Thanks to the repatriation of foreign assets in the Russian economy there remains the possibility of appreciating the ruble and lowering interest rates, despite the decline in export prices and repayment of external liabilities.
In: The journal of economic history, Band 52, Heft 4, S. 757-784
ISSN: 1471-6372
This paper examines the role of aggregate-demand stimulus in ending the Great Depression. Plausible estimates of the effects of fiscal and monetary changes indicate that nearly all the observed recovery of the U.S. economy prior to 1942 was due to monetary expansion. A huge gold inflow in the mid- and late 1930s swelled the money stock and stimulated the economy by lowering real interest rates and encouraging investment spending and purchases of durable goods. That monetary developments were crucial to the recovery implies that self-correction played little role in the growth of real output between 1933 and 1942.
In: Journal of political economy, Band 127, Heft 3, S. 1178-1209
ISSN: 1537-534X
In: Critique: journal of socialist theory, Heft 34, S. 13-26
ISSN: 0301-7605
In: Harvard East Asian Monographs v.294
In: East European politics and societies: EEPS, Band 7, Heft 3, S. 452-481
ISSN: 1533-8371
In: Defining documents in American history
Offers in-depth analysis of fifty-nine documents, including book excerpts, speeches, court rulings, legal texts, legislative acts, essays, newspaper and magazine articles, and interviews that help define the events leading to the Great Depression, its effects on the economy and show the thinking of leaders and politicians at that time