Issues of Economic Crisis
The recent recession and the financial crisis have paved the way to uncommon and hostile actions by policymakers of fiscal and monetary policies. Secular stagnation is for ensuring achievement of full employment, for lowering and stabilizing inflation rate, and for maintaining financial stability. Current macroeconomics failed to analyze financial crisis because of its incapability of envisaging current issues prevailing in the economy. Analysis of these topics is essential because they help in determining and then solving the problems of economy by taking adequate measures in a timely manner. There are several causes of recent Great recession. Major causes include ...
