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2008–09 Keynesian resurgence and John Maynard Keynes

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between 2008–09 Keynesian resurgence and John Maynard Keynes

2008–09 Keynesian resurgence vs. John Maynard Keynes

Following the global financial crisis of 2007–08, there was a worldwide resurgence of interest in Keynesian economics among prominent economists and policy makers. John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

Similarities between 2008–09 Keynesian resurgence and John Maynard Keynes

2008–09 Keynesian resurgence and John Maynard Keynes have 87 things in common (in Unionpedia): Adam Smith, Alan Blinder, Alistair Darling, Angela Merkel, Animal Spirits (book), Austrian School, Balance of trade, Bancor, Bank of England, Barack Obama, Big government, Bretton Woods Conference, Bretton Woods system, Business cycle, Capital control, Central bank, Chancellor of the Exchequer, Chicago school of economics, Conservative Party (UK), Das Kapital, Deficit spending, Depression (economics), Donald Markwell, European Central Bank, Federal Reserve System, Financial crisis of 2007–2008, Financial Times, Fiscal multiplier, Franklin D. Roosevelt, Free market, ..., Friedrich Hayek, Full employment, George Akerlof, Global financial system, Gold standard, Gordon Brown, Great Depression, Great Recession, Harvard University Press, Inflation, International Monetary Fund, J. Bradford DeLong, James K. Galbraith, Keynesian economics, Keynesian Revolution, Labour Party (UK), Lucas critique, Ludwig von Mises, Martin Wolf, Mathematical model, Milton Friedman, MIT Press, Mixed economy, Monetarism, Monetary policy, Neoclassical economics, New Keynesian economics, Nobel Memorial Prize in Economic Sciences, OECD, Paul Krugman, People's Bank of China, Post-Keynesian economics, Post–World War II economic expansion, Pound sterling, Recession, Richard Nixon, Robert Barro, Robert J. Shiller, Robert Lucas Jr., Robert Skidelsky, Baron Skidelsky, Simon & Schuster, Special drawing rights, Stagflation, Stimulus (economics), The Economist, The General Theory of Employment, Interest and Money, The New York Times, The Wealth of Nations, Time (magazine), We are all Keynesians now, World Bank, World economy, World War I, World War II, Zhou Xiaochuan, 1973 oil crisis, 1997 Asian financial crisis. Expand index (57 more) »

Adam Smith

Adam Smith (16 June 1723 NS (5 June 1723 OS) – 17 July 1790) was a Scottish economist, philosopher and author as well as a moral philosopher, a pioneer of political economy and a key figure during the Scottish Enlightenment era.

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Alan Blinder

Alan Stuart Blinder (born October 14, 1945) is an American economist.

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Alistair Darling

Alistair Maclean Darling, Baron Darling of Roulanish, (born 28 November 1953) is a Labour Party politician who served as Chancellor of the Exchequer in the Labour Government from 2007-2010 and as a Member of Parliament (MP) from 1987 until he stepped down in 2015, most recently for Edinburgh South West.

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Angela Merkel

Angela Dorothea Merkel (Kasner, born 17 July 1954) is a German politician serving as Chancellor of Germany since 2005 and leader of the centre-right Christian Democratic Union (CDU) since 2000.

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Animal Spirits (book)

Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism (2009) is a book written to promote the understanding of the role played by emotions in influencing economic decision making.

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Austrian School

The Austrian School is a school of economic thought that is based on methodological individualism—the concept that social phenomena result from the motivations and actions of individuals.

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Balance of trade

The balance of trade, commercial balance, or net exports (sometimes symbolized as NX), is the difference between the monetary value of a nation's exports and imports over a certain period.

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Bancor

The bancor was a supranational currency that John Maynard Keynes and E. F. Schumacher conceptualised in the years 1940–1942 and which the United Kingdom proposed to introduce after World War II.

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Bank of England

The Bank of England, formally the Governor and Company of the Bank of England, is the central bank of the United Kingdom of Great Britain and Northern Ireland and the model on which most modern central banks have been based.

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Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th President of the United States from January 20, 2009, to January 20, 2017.

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Big government

Big government is a term used to describe a government or public sector that is excessively large and unconstitutionally involved in certain areas of public policy or the private sector.

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Bretton Woods Conference

The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton Woods, New Hampshire, United States, to regulate the international monetary and financial order after the conclusion of World War II.

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Bretton Woods system

The Bretton Woods system of monetary management established the rules for commercial and financial relations among the United States, Canada, Western Europe, Australia, and Japan after the 1944 Bretton-Woods Agreement.

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Business cycle

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.

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Capital control

Capital controls are residency-based measures such as transaction taxes, other limits, or outright prohibitions that a nation's government can use to regulate flows from capital markets into and out of the country's capital account.

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Central bank

A central bank, reserve bank, or monetary authority is an institution that manages a state's currency, money supply, and interest rates.

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Chancellor of the Exchequer

The Chancellor and Under-Treasurer of Her Majesty's Exchequer, commonly known as the Chancellor of the Exchequer, or simply the Chancellor, is a senior official within the Government of the United Kingdom and head of Her Majesty's Treasury.

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Chicago school of economics

The Chicago school of economics is a neoclassical school of economic thought associated with the work of the faculty at the University of Chicago, some of whom have constructed and popularized its principles.

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Conservative Party (UK)

The Conservative Party, officially the Conservative and Unionist Party, is a centre-right political party in the United Kingdom.

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Das Kapital

Das Kapital, also known as Capital.

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Deficit spending

Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus.

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Depression (economics)

In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies.

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Donald Markwell

For the Montgomery, Alabama, talk radio personality, see Don Markwell Donald John "Don" Markwell (born 19 April 1959) is an Australian social scientist, who has been described as a "renowned Australian educational reformer".

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European Central Bank

The European Central Bank (ECB) is the central bank for the euro and administers monetary policy of the euro area, which consists of 19 EU member states and is one of the largest currency areas in the world.

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Federal Reserve System

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America.

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Financial crisis of 2007–2008

The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.

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Financial Times

The Financial Times (FT) is a Japanese-owned (since 2015), English-language international daily newspaper headquartered in London, with a special emphasis on business and economic news.

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Fiscal multiplier

In economics, the fiscal multiplier (not to be confused with monetary multiplier) is the ratio of a change in national income to the change in government spending that causes it.

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Franklin D. Roosevelt

Franklin Delano Roosevelt Sr. (January 30, 1882 – April 12, 1945), often referred to by his initials FDR, was an American statesman and political leader who served as the 32nd President of the United States from 1933 until his death in 1945.

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Free market

In economics, a free market is an idealized system in which the prices for goods and services are determined by the open market and consumers, in which the laws and forces of supply and demand are free from any intervention by a government, price-setting monopoly, or other authority.

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Friedrich Hayek

Friedrich August von Hayek (8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian-British economist and philosopher best known for his defense of classical liberalism.

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Full employment

Full employment means that everyone who wants a job have all the hours of work they need on "fair wages".

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George Akerlof

George Arthur Akerlof (born June 17, 1940) is an American economist who is a University Professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley.

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Global financial system

The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade financing.

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Gold standard

A gold standard is a monetary system in which the standard economic unit of account is based on a fixed quantity of gold.

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Gordon Brown

James Gordon Brown (born 20 February 1951) is a British politician who was Prime Minister of the United Kingdom and Leader of the Labour Party from 2007 to 2010.

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Great Depression

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

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Great Recession

The Great Recession was a period of general economic decline observed in world markets during the late 2000s and early 2010s.

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Harvard University Press

Harvard University Press (HUP) is a publishing house established on January 13, 1913, as a division of Harvard University, and focused on academic publishing.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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J. Bradford DeLong

James Bradford "Brad" DeLong (born June 24, 1960) is an economic historian who is professor of Economics at the University of California, Berkeley.

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James K. Galbraith

James Kenneth Galbraith (born January 29, 1952) is an American economist who writes frequently for the popular press on economic topics.

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Keynesian economics

Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).

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Keynesian Revolution

The Keynesian Revolution was a fundamental reworking of economic theory concerning the factors determining employment levels in the overall economy.

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Labour Party (UK)

The Labour Party is a centre-left political party in the United Kingdom.

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Lucas critique

The Lucas critique, named for Robert Lucas's work on macroeconomic policymaking, argues that it is naive to try to predict the effects of a change in economic policy entirely on the basis of relationships observed in historical data, especially highly aggregated historical data.

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Ludwig von Mises

Ludwig Heinrich Edler von Mises (29 September 1881 – 10 October 1973) was an Austrian-American theoretical Austrian School economist.

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Martin Wolf

Martin Harry Wolf, CBE (born 1946) is a British journalist who focuses on economics.

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Mathematical model

A mathematical model is a description of a system using mathematical concepts and language.

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Milton Friedman

Milton Friedman (July 31, 1912 – November 16, 2006) was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory, and the complexity of stabilization policy.

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MIT Press

The MIT Press is a university press affiliated with the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts (United States).

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Mixed economy

A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.

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Monetarism

Monetarism is a school of thought in monetary economics that emphasizes the role of governments in controlling the amount of money in circulation.

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Monetary policy

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

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Neoclassical economics

Neoclassical economics is an approach to economics focusing on the determination of goods, outputs, and income distributions in markets through supply and demand.

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New Keynesian economics

New Keynesian economics is a school of contemporary macroeconomics that strives to provide microeconomic foundations for Keynesian economics.

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Nobel Memorial Prize in Economic Sciences

The Nobel Memorial Prize in Economic Sciences (officially Sveriges riksbanks pris i ekonomisk vetenskap till Alfred Nobels minne, or the Swedish National Bank's Prize in Economic Sciences in Memory of Alfred Nobel), commonly referred to as the Nobel Prize in Economics, is an award for outstanding contributions to the field of economics, and generally regarded as the most prestigious award for that field.

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OECD

The Organisation for Economic Co-operation and Development (OECD; Organisation de coopération et de développement économiques, OCDE) is an intergovernmental economic organisation with 35 member countries, founded in 1961 to stimulate economic progress and world trade.

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Paul Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist who is currently Distinguished Professor of Economics at the Graduate Center of the City University of New York, and a columnist for The New York Times.

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People's Bank of China

The People's Bank of China (PBC or PBOC) is the central bank of the People's Republic of China responsible for carrying out monetary policy and regulation of financial institutions in mainland China, as determined by Bank Law.

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Post-Keynesian economics

Post-Keynesian economics is a school of economic thought with its origins in The General Theory of John Maynard Keynes, with subsequent development influenced to a large degree by Michał Kalecki, Joan Robinson, Nicholas Kaldor, Sidney Weintraub, Paul Davidson, Piero Sraffa and Jan Kregel.

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Post–World War II economic expansion

The post–World War II economic expansion, also known as the postwar economic boom, the long boom, and the Golden Age of Capitalism, was a period of strong economic growth beginning after World War II and ending with the 1973–75 recession.

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Pound sterling

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha.

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Recession

In economics, a recession is a business cycle contraction which results in a general slowdown in economic activity.

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Richard Nixon

Richard Milhous Nixon (January 9, 1913 – April 22, 1994) was an American politician who served as the 37th President of the United States, serving from 1969 until 1974, when he resigned from office, the only U.S. president to do so.

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Robert Barro

Robert Joseph Barro (born September 28, 1944) is an American macroeconomist and the Paul M. Warburg Professor of Economics at Harvard University.

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Robert J. Shiller

Robert James Shiller (born March 29, 1946) is an American Nobel Laureate, economist, academic, and best-selling author.

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Robert Lucas Jr.

Robert Emerson Lucas Jr. (born September 15, 1937) is an American economist at the University of Chicago.

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Robert Skidelsky, Baron Skidelsky

Robert Jacob Alexander, Baron Skidelsky, FBA (born 25 April 1939) is a British economic historian of Russian origin and the author of a major, award-winning, three-volume biography of British economist John Maynard Keynes (1883–1946).

2008–09 Keynesian resurgence and Robert Skidelsky, Baron Skidelsky · John Maynard Keynes and Robert Skidelsky, Baron Skidelsky · See more »

Simon & Schuster

Simon & Schuster, Inc., a subsidiary of CBS Corporation, is an American publishing company founded in New York City in 1924 by Richard Simon and Max Schuster.

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Special drawing rights

Special drawing rights (ISO 4217 currency code XDR, also abbreviated SDR) are supplementary foreign-exchange reserve assets defined and maintained by the International Monetary Fund (IMF).

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Stagflation

In economics, stagflation, a portmanteau of stagnation and inflation, is a situation in which the inflation rate is high, the economic growth rate slows, and unemployment remains steadily high.

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Stimulus (economics)

In economics, stimulus refers to attempts to use monetary or fiscal policy (or stabilization policy in general) to stimulate the economy.

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The Economist

The Economist is an English-language weekly magazine-format newspaper owned by the Economist Group and edited at offices in London.

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The General Theory of Employment, Interest and Money

The General Theory of Employment, Interest and Money of 1936 is the last and most important book by the English economist John Maynard Keynes.

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The New York Times

The New York Times (sometimes abbreviated as The NYT or The Times) is an American newspaper based in New York City with worldwide influence and readership.

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The Wealth of Nations

An Inquiry into the Nature and Causes of the Wealth of Nations, generally referred to by its shortened title The Wealth of Nations, is the magnum opus of the Scottish economist and moral philosopher Adam Smith.

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Time (magazine)

Time is an American weekly news magazine and news website published in New York City.

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We are all Keynesians now

"We are all Keynesians now" is a famous phrase coined by Milton Friedman and attributed to U.S. president Richard Nixon.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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World economy

The world economy or global economy is the economy of the world, considered as the international exchange of goods and services that is expressed in monetary units of account (money).

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World War I

World War I (often abbreviated as WWI or WW1), also known as the First World War, the Great War, or the War to End All Wars, was a global war originating in Europe that lasted from 28 July 1914 to 11 November 1918.

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World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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Zhou Xiaochuan

Zhou Xiaochuan (born January 29, 1948) is a Chinese economist, banker, reformist and bureaucrat.

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1973 oil crisis

The 1973 oil crisis began in October 1973 when the members of the Organization of Arab Petroleum Exporting Countries proclaimed an oil embargo.

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1997 Asian financial crisis

The Asian financial crisis was a period of financial crisis that gripped much of East Asia beginning in July 1997 and raised fears of a worldwide economic meltdown due to financial contagion.

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The list above answers the following questions

2008–09 Keynesian resurgence and John Maynard Keynes Comparison

2008–09 Keynesian resurgence has 248 relations, while John Maynard Keynes has 386. As they have in common 87, the Jaccard index is 13.72% = 87 / (248 + 386).

References

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