Bertil Ohlin: Case

Bertil Ohlin was Swedish economist and politician. Explore interesting quotes on case.
Bertil Ohlin: 22   quotes 11   likes

“The economic history of the last half century offers two cases of serious international depressions in countries with an essential orientation towards a market economy: In the first half of the 1930ies and in the middle of the 1970ies. With some simplification one can say that in the former case recovery started after a few years without the aid of much conscious expansionist policy.”

Ohlin, Bertil. " 1933 and 1977: Some Expansion Policy Problems in Cases of Unbalanced Domestic and International Economic Relations http://www.nobelprize.org/nobel_prizes/economic-sciences/laureates/1977/ohlin-lecture.pdf." Nobel Memorial Lecture, December 8, 1977; Published in: The Scandinavian Journal of Economics (1978): 360-374.
1970s