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macroeconomic models adopting the stock-flow-consistent (SFC) approach is flourishing, few contributions cover the methodology … The secular decline in real economic growth and the persistence of deflationary tendencies over several decades are apparent in panels (a) and (b): From 1980 to 1991, the Japanese economy grew at an average rate of 4.4% in real terms with an annual inflation rate of 1.9%.
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Globalization: theory and experience.’
Globalization’ is a favourite catchphrase of journalists and politicians. It has also become a key idea for business
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Steve Keen (born 28 March 1953) is an Australian economic historian and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein …
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