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Argentina

Argentina  

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Overview Page
Subject:
History
Painful economic reforms have stimulated rapid economic growth, but economic and social stability remain elusiveTo the west, Argentina is bounded by the southernmost section of the Andes, but most of ...
budgetary or fiscal policy

budgetary or fiscal policy  

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Overview Page
Concerns the effects of government expenditure and taxation upon aggregate demand and aggregate output. Since the development of organized state budgets, it has been recognized that forms and levels ...
capitalism

capitalism  

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Overview Page
An economic system in which the factors of production are privately owned and individual owners of capital are free to make use of it as they see fit; in particular, for their own profit. In this ...
demand for money

demand for money  

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Overview Page
The amount of money people wish to hold, or the function determining this. In Keynesian economics, the main motives for holding money rather than other forms of wealth are the transaction motive (to ...
dependency

dependency  

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Overview Page
A dependent territory is a territory that does not possess full political sovereignty (e.g. Ashmore and Cartier Islands is an external territory of Australia; and the Pitcairn Islands, a British ...
depression

depression  

An extended or severe period of recession. Depressions occur infrequently. The most recent Great Depression occurred in the 1930s; prior to that they occurred in the periods 1873–96, 1844–51, and ...
economics

economics  

Reference type:
Overview Page
Subject:
Religion
The study of the production, distribution, and consumption of resources, and the management of state income and expenditure. See also classical economics, ecological economics, environmental ...
Friedrich August von Hayek

Friedrich August von Hayek  

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(1899–1992)Austrian-born British economist whose free-market theories influenced a political generation and earned him a share in the Nobel Prize for Economics in 1974.Friedrich Hayek, a product of ...
inflation

inflation  

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Overview Page
A general increase in prices in an economy and consequent fall in the purchasing value of money. See also core inflation; hyperinflation; stagflation.
Keynesian economics

Keynesian economics  

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Overview Page
An economic theory based on the ideas of John Maynard Keynes (1883–1946), developed in the 1930s, that assigned an important role to the state as well as to the private sector. Central elements of ...
Keynesianism

Keynesianism  

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Overview Page
The term Keynesianism owes its origins to the thought of John Maynard Keynes (1883–1946), a prolific British economist whose most influential work was The General Theory of Employment, Interest, and ...
labor Movement

labor Movement  

Imprecise term referring to two ideas: first, that workers, especially blue‐collar or manual workers, share common political and economic interests which may be advanced through organized trade union ...
macroeconomics

macroeconomics  

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The macro aspects of economics, concerning the determination of aggregate quantities in the economy. Macroeconomics considers what determines total employment and production, consumption, investment ...
Margaret Thatcher

Margaret Thatcher  

(b. 13 Oct. 1925).British Prime Minister 1979–90Early careerBorn in Grantham (Lincolnshire), she was educated at Kesteven and Grantham Girls School, and at Oxford, where she studied chemistry. She ...
Milton Friedman

Milton Friedman  

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(1912–2006)US economist and leading proponent of monetarism in the Chicago School. He won the Nobel Prize for Economics in 1976.Born in New York and educated at Chicago and Columbia universities, ...
Monetarism

Monetarism   Reference library

The Oxford Companion to Politics of the World (2 ed.)

Reference type:
Subject Reference
Current Version:
2004
Subject:
Social sciences, Politics
Length:
1,216 words

The concept of monetarism was initially devised to describe a school of economic thought that emphasizes the impact of the

monetarism

monetarism   Reference library

Dictionary of the Social Sciences

Reference type:
Subject Reference
Current Version:
2002
Subject:
Social sciences
Length:
589 words

A school of economic thought that holds that the quantity of money in the economy has a major influence on

monetarism

monetarism   Reference library

The Handbook of International Financial Terms

Reference type:
Subject Reference
Current Version:
2005

The belief that an economy can be effectively managed by using monetary policy as the lead set of instruments, with

monetarism

monetarism   Quick reference

World Encyclopedia

Reference type:
Subject Reference
Current Version:
2004
Subject:
Encyclopedias
Length:
79 words

Economic and monetary theory that argues changes in monetary stability are the principal causes of changes in the economy. It

Monetarism

Monetarism   Reference library

Peter A. Hall

The Oxford Companion to Comparative Politics

Reference type:
Subject Reference
Current Version:
2012
Subject:
Social sciences, Politics
Length:
1,357 words

The concept of monetarism was initially devised to describe a school of economic thought that emphasizes the impact of the

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