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Titlebook: Recession and Its Aftermath; Adjustments in the U NMP Verma Book 2013 Springer India 2013 ADJUSTMENT PROCESS.BUSINESS CYCLES.EFFICIENCY AND

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發(fā)表于 2025-3-21 17:34:55 | 只看該作者 |倒序瀏覽 |閱讀模式
書目名稱Recession and Its Aftermath
副標題Adjustments in the U
編輯NMP Verma
視頻videohttp://file.papertrans.cn/824/823570/823570.mp4
概述Fresh contributions on the topic of recession and its control in many economies which include the US, Australia, and the core Asian countries.Analysis of conceptual and measurement issues on recession
圖書封面Titlebook: Recession and Its Aftermath; Adjustments in the U NMP Verma Book 2013 Springer India 2013 ADJUSTMENT PROCESS.BUSINESS CYCLES.EFFICIENCY AND
描述Market failure at medium intervals is inevitable in a capitalist economy. Such failures may not be seriously seen in the short run because market adjusts demand through hoarding of inventory or import of required goods and services. The market also adjusts demand in the long run through expansion of concerned industrial output and also by the entry of new firms. The crucial variable is price which also adjusts the commodity and the labor market. The problem comes when there are issues of overproduction, over capacity utilization of plants, over liquidation and excess supply of money, change in demand because of change in tastes and habits of consumers, households and the public. All these create knife edge disturbances in the economy. As a consequence they need adjustment through some variables such as employment and growth of population, saving propensity, technology, exhaustion of existing inventory, monetary and fiscal balancing. In this volume an attempt has been made to appraise the working of a market economy where short term disturbances may occur, market efficiency reduces, recessionary cycle emerges and after certain fundamental measures the market recovers. Starting with
出版日期Book 2013
關(guān)鍵詞ADJUSTMENT PROCESS; BUSINESS CYCLES; EFFICIENCY AND FLUCTUATIONS; RECESSION, SHOCKS; USA, AUSTRALIA, EME
版次1
doihttps://doi.org/10.1007/978-81-322-0532-6
isbn_softcover978-81-322-1721-3
isbn_ebook978-81-322-0532-6
copyrightSpringer India 2013
The information of publication is updating

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