This article intends to study globalization particularly from the perspective of less developed countries (LDCs) and newly industrializing countries (NICs).After World War 2 (WW2), LDCs and NICs implemented a closed economy ...

In this article, we will cover the main anti-Keynesian views and macroeconomic systems that arose in the post Keynes period as well as their fiscal and monetary policy guidelines. As is known, the early Classical economists ...

The first step towards globalization was the efforts of the Western World following WW2 to have bothDCs and LDCs implement free international trade, the signing of GATT and the establishment of the IMF and the IBRD (WB).But ...

A comparison of the Great Depression of 1929-39 with the present global financial crisis and global recession that broke out in the last quarter of 2008 will provide useful insights about economic developments in the world ...