Abstract
Economic crisis, or serious lack of performance relative to an expectation, raises questions relating to causation and to policy in the broadest sense. Given the close interdependence existing between countries, it is usually thought desirable to use international or multi-country models in order to investigate the two questions. However, economic crises are not only interesting in their own right but also because they are usually thought to be associated with political ones. Even if not associated, causation and policy clearly involve political factors. For this broader political economy analysis, international models are also required.
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© 1986 Martinus Nijhoff Publishers, Dordrecht
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Kirkpatrick, G. (1986). A Globus OECD/COMECON Simulation Model. In: Artus, P., Guvenen, O. (eds) International Macroeconomic Modelling for Policy Decisions. Advanced Studies in Theoretical and Applied Econometrics, vol 5. Springer, Dordrecht. https://doi.org/10.1007/978-94-009-4347-6_6
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DOI: https://doi.org/10.1007/978-94-009-4347-6_6
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