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Meta Analyses and Controversy About Financialization, Growth and Stability: A look from post-transition countries of last decade

Ristic Kristijan
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Ristic Kristijan: Bussines and law facultyUniversity Union – Nikola Tesla, Belgrade, Serbia

Economics, 2020, vol. 8, issue 1, 41-49

Abstract: In the recent theory of economic growth, there are multiple explanations for the “downward trend of economic growth”, which is already happening during the past decade in developed and emerging markets. Almost all economists have avoided researching the “hypothesis of a world without growth”, dealing with Krugman’s rhetoric of “secular stagnation is probable” or thinking about Koehn’s rhetoric get rid of dependence on growth”. The cult of growth is embedded in the economic, political and social heads so deeply that for each of them growth is an imperative of life and death. By reviewing certain literature and papers, we can draw a conclusion about trends in the world economy, the dominant macroeconomic mainstream and reconsider and we can a critically resist the role of “rule taker” in the economic policy of post-transition countries in the past ten years. This paper does not investigate or establish a research gap, and does not offer a solutions to current problems that may arise from comparative analyzes, but give a qualitative assessment of the neoliberal tone of global economic policy, note the controversies of economic growth and financial stability and reinterprets earlier doctrinal conflicts in the global economy, which can give perspective possible solutions or policies for post-transition countries today. The key goal of this paper is to give rise to future research.

Keywords: neoliberalism; growth; stability; doctrinal diversification (search for similar items in EconPapers)
JEL-codes: E6 (search for similar items in EconPapers)
Date: 2020
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