<abstract xmlns="http://www.w3.org/1999/xhtml"><p>In the recent theory of economic growth, there are multiple explanations for the “downward trend of economic growth”, which is already happening during the past decade in developed and emerging markets. Almost all economists have avoided researching the “hypothesis of a world without growth”, dealing with Krugman’s rhetoric of “secular stagnation is probable” or thinking about Koehn’s rhetoric get rid of dependence on growth”. The cult of growth is embedded in the economic, political and social heads so deeply that for each of them growth is an imperative of life and death. By reviewing certain literature and papers, we can draw a conclusion about trends in the world economy, the dominant macroeconomic mainstream and reconsider and we can a critically resist the role of “rule taker” in the economic policy of post-transition countries in the past ten years. This paper does not investigate or establish a research gap, and does not offer a solutions to current problems that may arise from comparative analyzes, but give a qualitative assessment of the neoliberal tone of global economic policy, note the controversies of economic growth and financial stability and reinterprets earlier doctrinal conflicts in the global economy, which can give perspective possible solutions or policies for post-transition countries today. The key goal of this paper is to give rise to future research.</p></abstract>

In the recent theory of economic growth, there are multiple explanations for the “downward trend of economic growth”, which is already happening during the past decade in developed and emerging markets. Almost all economists have avoided researching the “hypothesis of a world without growth”, dealing with Krugman’s rhetoric of “secular stagnation is probable” or thinking about Koehn’s rhetoric get rid of dependence on growth”. The cult of growth is embedded in the economic, political and social heads so deeply that for each of them growth is an imperative of life and death. By reviewing certain literature and papers, we can draw a conclusion about trends in the world economy, the dominant macroeconomic mainstream and reconsider and we can a critically resist the role of “rule taker” in the economic policy of post-transition countries in the past ten years. This paper does not investigate or establish a research gap, and does not offer a solutions to current problems that may arise from comparative analyzes, but give a qualitative assessment of the neoliberal tone of global economic policy, note the controversies of economic growth and financial stability and reinterprets earlier doctrinal conflicts in the global economy, which can give perspective possible solutions or policies for post-transition countries today. The key goal of this paper is to give rise to future research.

Meta Analyses and Controversy About Financialization, Growth and Stability: A look from post-transition countries of last decade

ECONOMICS

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

In the recent theory of economic growth, there are multiple explanations for the “downward trend of economic growth”, which is already happening during the...

Meta Analyses and Controversy About Financialization, Growth and Stability: A look from post-transition countries of last decade

Published Online: Jul 09, 2020

Page range: 41 - 49

Received: Apr 20, 2020

Accepted: May 08, 2020

DOI: https://doi.org/10.2478/eoik-2020-0005

Keywords
neoliberalism, growth, stability, doctrinal diversification

© 2020 Kristijan Ristic, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Meta Analyses and Controversy About Financialization, Growth and Stability: A look from post-transition countries of last decade

Published Online: Jul 09, 2020

Page range: 41 - 49

Received: Apr 20, 2020

Accepted: May 08, 2020

DOI: https://doi.org/10.2478/eoik-2020-0005

Keywordsneoliberalism, growth, stability, doctrinal diversification

© 2020 Kristijan Ristic, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.

Keywords
neoliberalism, growth, stability, doctrinal diversification