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Robert Paul Brenner (/ ˈ b r ɛ n ər /; born November 28, 1943) is an American economic historian.He is a professor emeritus of history and director of the Center for Social Theory and Comparative History at UCLA, [4] editor of the socialist journal Against the Current, and editorial committee member of New Left Review.
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The world economy or global economy is the economy of all humans in the world, referring to the global economic system, which includes all economic activities conducted both within and between nations, including production, consumption, economic management, work in general, financial transactions and trade of goods and services.
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns and consequences of transactions and interactions between the inhabitants of different countries ...
The market meltdown set off a global rout in early 2016. [9] [10] [11] According to 19 January 2016 articles in the Xinhua News Agency, the official press agency of the People's Republic of China, China reported a 6.9 percent GDP growth rate for 2015 and an "economic volume of over ten trillion U.S. dollars". [12]
The combined effects of climate change and global economic turbulence had triggered a sense of urgency among Ghanaian policymakers, industry and development practitioners to find sustainable and viable solutions in the area of bio-fuels. [57] Brazil, which makes ethanol from maize and sugarcane, is currently the world's largest bio-fuel market ...
Economic or asset price bubbles are often characterized by one or more of the following: Unusual changes in single measures, or relationships among measures (e.g., ratios) relative to their historical levels. For example, in the housing bubble of the 2000s, the housing prices were unusually high relative to income. [38]