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4,2%,
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Flow of Funds Accounts of the United States-Federal Reserve statistical release-March 12, 2009.

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Global Economy Contracts, With Slow Recovery Next Year-International Monetary Fund, World
Economic Outlook- April 22, 2009.
3
: Eurozone braces itself for the perfect storm-Anatole Kaletsky-The Times, April 9, 2009.
4
: U.S., Europe are an ocean apart on Human Toll of Joblessness, Marcus Walker and
Roger Thurow-The Wall Street Journal-May 7, 2009.
2

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(8,90 %
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T IMF 2008.
US Bureau for Labor Statistics Eurostat, ,
2008 5% 7,3%.
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OECD
2004, , . . The real economy and the crisis:
revisiting productivity fundamentals-OECD, Statistical Directorate-11/05/2009.
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business cycle theory, eective markets
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, Les libraux contre les plans de relance-Gilles Raveaut-Alternatives conomiques,
no 278, mars 2009.
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clear)

voodoo economics8.
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The job impact of the American recovery and reinvestment plan- Christina Romer, Jared BernsteinJanuary 10- 2009. : New Keynesian versus Old Keynesian government
spending multipliers-Cogan, Tobias, Taylor, Wieland-CEPR discussion paper 7236, March 2009
: Government spending is not free lunch-Robert J. Barro-The Wall Street Journal-January 22, 2009.


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The Euro and the Stability Pact-Martin Feldstein-NBER Working Paper no W11249-April 2005.
The effectiveness of fiscal policy in stimulating economic activity. A review of the literature.- Richard
Hemming, Michael Kell, Selma Mahfanz.-IMF working paper WP/02/208-December 2002.

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quantitative easing. . Je ne connais pas de pays qui ne profitent pas des paradis
fiscaux-Jacques Sapir-L Hebdo-12/03/2009.

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quantitative easing

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. G-20

Wall Street
,

laissezfaire ,
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(capitalisme
rhnan16)


Wall Street.

,
35
,

John Maynard Keynes (
)

Jean Baptiste Say (
)
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Reagan
1980
Laer)
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casino economy,

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dumping,

Michel Albert 1991 Le capitalisme contre le capitalisme .

16

,
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beggar-thy-neighbor
real devaluation policy.



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18
Germany needs more than an accounting trick-Wolfgang Munchau-Financial Times-May 17,2009.
17

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derivatives securitization,
Barak Obama
business
oriented completely
unregulated



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