The financial crisis of 2008-09 may have occurred a decade ago, but we are still dealing with the repercussions today, including a global populism wave. The crisis has also led to the demise of economists’ unwavering belief in market efficiency that had guided economic policy for decades. A new paradigm is urgently needed with new policies to address today’s pressing issues, such as growing inequality, climate change and rising trade protectionism.
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Paradigm Shifts in Economic Theory and Policy
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Shifting Views on Trade Liberalisation: Beyond Indiscriminate Applause
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Towards a New Paradigm: Stabilising Financial Markets
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Shifting Paradigms in Carbon Pricing
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A New Paradigm for Fiscal Policy?
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Paradigm Shift in the Eurozone? The Market-Based Convergence Rationale
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On Current Account Imbalances
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Myths and Facts About Inequality