II. Economic Policies
The New Deal is a series of economic programs implemented in the United States.
The programs were responses to the Great Depression, and focused on what historians call “3R” , relief, recovery, and reform.
Great depression ( period situation back then )
- The depression originated in the U.S., starting with the fall in stock prices that b
Difference with Solow model
In the case of Germany, before the World War it was being reached steady state.
According to the solow model,
the more it reached steady state, the slower the capital growth is,
so it shows low economic growth rate after the World war.
However after the war, as the accumulated capital was destroyed, capital stock was out of steady state and it grew fas
Progress of the euro zone financial crisis and its causes
In the conditions of the global financial and economic crisis, a majority of European countries launched large programs to reanimate the economic situation and save jobs. As the massive fiscal spending is inevitable in the process of addressing the economic crisis, the European financial situation began to deteriorate rapidly.
Officially known as the Act of June 16, 1933
Authorized the President of the United States to regulate industry, permit cartels and monopolies in an attempt to stimulate economic recovery
http://www.yo%utube.com/watch?v=WJTxhz2dBCk
National Labor Relation Act (Wagner Act)
Law that limits the means with which employers may react to workers in the private sector that create lab
economy, could they have influenced the genesis of doi moi, too? This question is of great practical importance, since if the Vietnamese reform program was at least partly sharped by external circumstances, it might be difficult to adopt the methods of doi moi in a country whose foreign relations awe too dissimilar from that of post-1986 Vietnam. For example, Vietnamese and North Korean foreign p