"New" supply-side economics as a political and economic paradigm of a new world economic order

The long-term consequences of the Great Recession of 2008-2009 have resulted a debate about the adequacy of the tools of economic science to solve modern socio-economic problems. It can already be acknowledged that its intermediate result was the recognition of the need to develop a new theoretical and managerial paradigm that will replace the intellectually bankrupt doctrine of the "Washington Consensus". Modern supply-side economics can become such an alternative paradigm. The authors characterize it and "fit" it into the current technological and economic context.

Authors

Publication Details

Journal
Scientific Works of the Free Economic Society of Russia
Published
2025-01-01
DOI
https://doi.org/10.38197/2072-2060-2025-252-2-83-104
Citations
1
Primary Topic
Russia and Soviet political economy
Type
article
Field-Weighted Citation Impact
8.52
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article

"New" supply-side economics as a political and economic paradigm of a new world economic order

С. А. Толкачев, Artyom Yu. Teplyakov
1 citations
Scientific Works of the Free Economic Society of Russia
Russia and Soviet political economy
8.52
article

"New" supply-side economics as a political and economic paradigm of a new world economic order

С. А. Толкачев, Artyom Yu. Teplyakov
article en
1 citations

Abstract

The long-term consequences of the Great Recession of 2008-2009 have resulted a debate about the adequacy of the tools of economic science to solve modern socio-economic problems. It can already be acknowledged that its intermediate result was the recognition of the need to develop a new theoretical and managerial paradigm that will replace the intellectually bankrupt doctrine of the "Washington Consensus". Modern supply-side economics can become such an alternative paradigm. The authors characterize it and "fit" it into the current technological and economic context.

Scientific Works of the Free Economic Society of RussiaVol. 252(2)
Openalex Percentile: Top 4%
Russia and Soviet political economy
8.52
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