A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy

Detalhes bibliográficos
Autor(a) principal: Saraiva, Paulo José
Data de Publicação: 2022
Tipo de documento: Artigo
Idioma: por
Título da fonte: Economia Ensaios
Texto Completo: https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/52524
Resumo: The last four decades have been marked by the rise, hegemony and revision of liberal thought as summarized in the New Macroeconomic Consensus. The consolidation of a "new synthesis" in the early 1990s resulted, among various economic policy guidelines, in the implementation of the inflation targeting regime in several countries, in the defense of results of a great moderation in the early 2000s and in the occurrence the financial crisis as of 2007. However, the New Macroeconomic Consensus Review in the US reassessed the impact of the crisis on the theoretical framework and on the orientation of economic policy. As a result, marginal adjustments in the conduct of economic policy are proposed to deal with the failures observed since the 2007/08 crisis.
id UFU-9_c440d0ceda4d29c4bdeed3dda16c294a
oai_identifier_str oai:ojs.www.seer.ufu.br:article/52524
network_acronym_str UFU-9
network_name_str Economia Ensaios
repository_id_str
spelling A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policyUma breve revisão do Novo Consenso Macroeconômico a partir da crise de 2007/08: questionamentos internos acerca da condução da política econômica pós-criseCrise Financeira InternacionalNovo Consenso MacroeconômicoRevisão do Novo ConsensoInternational Financial CrisisNew Consensus MacroeconomicsReview New ConsensusThe last four decades have been marked by the rise, hegemony and revision of liberal thought as summarized in the New Macroeconomic Consensus. The consolidation of a "new synthesis" in the early 1990s resulted, among various economic policy guidelines, in the implementation of the inflation targeting regime in several countries, in the defense of results of a great moderation in the early 2000s and in the occurrence the financial crisis as of 2007. However, the New Macroeconomic Consensus Review in the US reassessed the impact of the crisis on the theoretical framework and on the orientation of economic policy. As a result, marginal adjustments in the conduct of economic policy are proposed to deal with the failures observed since the 2007/08 crisis. Las últimas cuatro décadas han estado marcadas por el aumento, la hegemonía y la revisión del pensamiento económico liberal como parte del Nuevo Consenso Macroeconómico. La consolidación de una "nueva síntesis" a principios de la década de 1990 resultó en la implementación del régimen de metas de inflación en varios países, en la defensa de una gran moderación a principios de la década de 2000 y en la aparición de la crisis financiera internacional a partir de 2007. , la revisión del Nuevo Consenso Macroeconómico ha estado haciendo que el impacto de la crisis y el uso de políticas no convencionales sean relativos, proponiendo ajustes marginales a la teoría y política macroeconómicas.             As últimas quatro décadas foram marcadas pela ascensão, hegemonia e revisão do pensamento liberal compendiado no Novo Consenso Macroeconômico. A consolidação de uma “nova síntese” no início dos anos 90 resultou, dentre várias orientações de política econômica, na implantação do regime de metas de inflação em diversos países, na defesa de resultados de uma grande moderação no início dos anos 2000 e na ocorrência da crise financeira a partir de 2007. Contudo, a Revisão do Novo Consenso Macroeconômico nos EUA reavaliou o impacto da crise no arcabouço teórico e na orientação da política econômica. Como resultado, ajustes marginais na condução da política econômica são propostos para lidar com as falhas observadas a partir da crise 2007/08.EDUFU2022-11-11info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/5252410.14393/REE-v37n2a2022-52524Revista Economia Ensaios; Vol. 37 No. 2 (2022)Revista Economia Ensaios; v. 37 n. 2 (2022)1983-19940102-2482reponame:Economia Ensaiosinstname:Universidade Federal de Uberlândia (UFU)instacron:UFUporhttps://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/52524/34822Copyright (c) 2022 Revista Economia Ensaiosinfo:eu-repo/semantics/openAccessSaraiva, Paulo José2022-12-01T19:31:24Zoai:ojs.www.seer.ufu.br:article/52524Revistahttps://seer.ufu.br/index.php/revistaeconomiaensaiosPUBhttps://seer.ufu.br/index.php/revistaeconomiaensaios/oai||ecoensaios@ufu.br|| ecoensaios@ufu.br1983-19940102-2482opendoar:2022-12-01T19:31:24Economia Ensaios - Universidade Federal de Uberlândia (UFU)false
dc.title.none.fl_str_mv A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy
Uma breve revisão do Novo Consenso Macroeconômico a partir da crise de 2007/08: questionamentos internos acerca da condução da política econômica pós-crise
title A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy
spellingShingle A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy
Saraiva, Paulo José
Crise Financeira Internacional
Novo Consenso Macroeconômico
Revisão do Novo Consenso
International Financial Crisis
New Consensus Macroeconomics
Review New Consensus
title_short A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy
title_full A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy
title_fullStr A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy
title_full_unstemmed A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy
title_sort A brief review of the New Macroeconomic Consensus from the 2007/08 crisis: internal questions about the conduct of post-crisis economic policy
author Saraiva, Paulo José
author_facet Saraiva, Paulo José
author_role author
dc.contributor.author.fl_str_mv Saraiva, Paulo José
dc.subject.por.fl_str_mv Crise Financeira Internacional
Novo Consenso Macroeconômico
Revisão do Novo Consenso
International Financial Crisis
New Consensus Macroeconomics
Review New Consensus
topic Crise Financeira Internacional
Novo Consenso Macroeconômico
Revisão do Novo Consenso
International Financial Crisis
New Consensus Macroeconomics
Review New Consensus
description The last four decades have been marked by the rise, hegemony and revision of liberal thought as summarized in the New Macroeconomic Consensus. The consolidation of a "new synthesis" in the early 1990s resulted, among various economic policy guidelines, in the implementation of the inflation targeting regime in several countries, in the defense of results of a great moderation in the early 2000s and in the occurrence the financial crisis as of 2007. However, the New Macroeconomic Consensus Review in the US reassessed the impact of the crisis on the theoretical framework and on the orientation of economic policy. As a result, marginal adjustments in the conduct of economic policy are proposed to deal with the failures observed since the 2007/08 crisis.
publishDate 2022
dc.date.none.fl_str_mv 2022-11-11
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/52524
10.14393/REE-v37n2a2022-52524
url https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/52524
identifier_str_mv 10.14393/REE-v37n2a2022-52524
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/52524/34822
dc.rights.driver.fl_str_mv Copyright (c) 2022 Revista Economia Ensaios
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2022 Revista Economia Ensaios
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv EDUFU
publisher.none.fl_str_mv EDUFU
dc.source.none.fl_str_mv Revista Economia Ensaios; Vol. 37 No. 2 (2022)
Revista Economia Ensaios; v. 37 n. 2 (2022)
1983-1994
0102-2482
reponame:Economia Ensaios
instname:Universidade Federal de Uberlândia (UFU)
instacron:UFU
instname_str Universidade Federal de Uberlândia (UFU)
instacron_str UFU
institution UFU
reponame_str Economia Ensaios
collection Economia Ensaios
repository.name.fl_str_mv Economia Ensaios - Universidade Federal de Uberlândia (UFU)
repository.mail.fl_str_mv ||ecoensaios@ufu.br|| ecoensaios@ufu.br
_version_ 1799944251468939264