Open Access. Powered by Scholars. Published by Universities.®
- Discipline
Articles 1 - 3 of 3
Full-Text Articles in Income Distribution
When It Comes To Poverty Reduction, Less May Be More, Singapore Management University
When It Comes To Poverty Reduction, Less May Be More, Singapore Management University
Perspectives@SMU
It is a widely accepted belief that people should be better off as the economy expands: The greater the growth, the greater the likelihood that poverty numbers will decline. While there are many good and valid reasons to hold this to be true, exceptions exist, where the lives of the poor have improved rapidly despite slow growth, or where poverty actually increases along with strong economic growth.
Predictions For Protection: A System To Measure And Detect Asset Bubbles, Singapore Management University
Predictions For Protection: A System To Measure And Detect Asset Bubbles, Singapore Management University
Perspectives@SMU
The damage wrecked by the bursting of asset bubbles can have a devastating impact on investors' fortunes. In the Internet bubble, some US$8 trillion of shareholder wealth was destroyed. What is even more pertinent, however, is how the popping of a bubble can create a financial crisis, impacting nations and their economies. As a result, understanding how to identify bubbles is an important first step in combating these speculative bubbles, with interested parties ranging from the academic and investment community to central bankers and policy makers.
How The Mindless Growth Mantra Of Modern Economics Is Failing Us, Singapore Management University
How The Mindless Growth Mantra Of Modern Economics Is Failing Us, Singapore Management University
Perspectives@SMU
Just three years after the 2008 global financial crisis, the world wonders, yet again, if another global downturn might be looming.