Covid-19 et imbrication des crises : réhabiliter le keynésianisme pour refonder la politique macroéconomique
The worldwide pandemic has induced an unprecedented economic crisis. The social consequences are catastrophic, putting the environmental crisis into perspective. The interweaving of these crises requires us to revise the way we conduct macroeconomic policies. As suggested by post-Keynesians, and con...
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| Format: | Article |
| Language: | English |
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Association Recherche & Régulation
2021-02-01
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| Series: | Revue de la Régulation |
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| Online Access: | https://journals.openedition.org/regulation/18390 |
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| _version_ | 1832577944183111680 |
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| author | Sébastien Charles Thomas Dallery Jonathan Marie |
| author_facet | Sébastien Charles Thomas Dallery Jonathan Marie |
| author_sort | Sébastien Charles |
| collection | DOAJ |
| description | The worldwide pandemic has induced an unprecedented economic crisis. The social consequences are catastrophic, putting the environmental crisis into perspective. The interweaving of these crises requires us to revise the way we conduct macroeconomic policies. As suggested by post-Keynesians, and contrary to recommendations made by economists from the new consensus, fiscal policy has to be the main tool for macroeconomic policy. Monetary policy has to support fiscal policy, while reductions in working hours have to be put in place. Such a reorganization of the economic policy is necessary to limit the negative economic consequences of the Covid-19 crisis, but also to move towards full employment, to trigger ecological transition and to reduce the vulnerability of our economies to global shocks. |
| format | Article |
| id | doaj-art-2370f7c860bc4372a74429ddc7ae3ddb |
| institution | Kabale University |
| issn | 1957-7796 |
| language | English |
| publishDate | 2021-02-01 |
| publisher | Association Recherche & Régulation |
| record_format | Article |
| series | Revue de la Régulation |
| spelling | doaj-art-2370f7c860bc4372a74429ddc7ae3ddb2025-01-30T14:25:58ZengAssociation Recherche & RégulationRevue de la Régulation1957-77962021-02-012910.4000/regulation.18390Covid-19 et imbrication des crises : réhabiliter le keynésianisme pour refonder la politique macroéconomiqueSébastien CharlesThomas DalleryJonathan MarieThe worldwide pandemic has induced an unprecedented economic crisis. The social consequences are catastrophic, putting the environmental crisis into perspective. The interweaving of these crises requires us to revise the way we conduct macroeconomic policies. As suggested by post-Keynesians, and contrary to recommendations made by economists from the new consensus, fiscal policy has to be the main tool for macroeconomic policy. Monetary policy has to support fiscal policy, while reductions in working hours have to be put in place. Such a reorganization of the economic policy is necessary to limit the negative economic consequences of the Covid-19 crisis, but also to move towards full employment, to trigger ecological transition and to reduce the vulnerability of our economies to global shocks.https://journals.openedition.org/regulation/18390economic policypost-keynesianismnew consensus |
| spellingShingle | Sébastien Charles Thomas Dallery Jonathan Marie Covid-19 et imbrication des crises : réhabiliter le keynésianisme pour refonder la politique macroéconomique Revue de la Régulation economic policy post-keynesianism new consensus |
| title | Covid-19 et imbrication des crises : réhabiliter le keynésianisme pour refonder la politique macroéconomique |
| title_full | Covid-19 et imbrication des crises : réhabiliter le keynésianisme pour refonder la politique macroéconomique |
| title_fullStr | Covid-19 et imbrication des crises : réhabiliter le keynésianisme pour refonder la politique macroéconomique |
| title_full_unstemmed | Covid-19 et imbrication des crises : réhabiliter le keynésianisme pour refonder la politique macroéconomique |
| title_short | Covid-19 et imbrication des crises : réhabiliter le keynésianisme pour refonder la politique macroéconomique |
| title_sort | covid 19 et imbrication des crises rehabiliter le keynesianisme pour refonder la politique macroeconomique |
| topic | economic policy post-keynesianism new consensus |
| url | https://journals.openedition.org/regulation/18390 |
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