{"id":86242,"date":"2017-03-02T17:45:54","date_gmt":"2017-03-02T13:45:54","guid":{"rendered":"https:\/\/unec.edu.az\/ise-economic-talks-da-ilk-muzakire-trumponomics-2-2\/"},"modified":"2017-03-03T09:22:08","modified_gmt":"2017-03-03T05:22:08","slug":"ise-economic-talks-da-ilk-muzakire-trumponomics-2","status":"publish","type":"post","link":"http:\/\/unec.edu.az\/en\/ise-economic-talks-da-ilk-muzakire-trumponomics-2\/","title":{"rendered":"Debate on \u201cISE Economic Talks: \u201cTrumponomics\u201d"},"content":{"rendered":"

First debate of the Project \u201cISE Economic Talks\u201d by the International School of Economics of UNEC has been held on March 2.<\/span><\/p>\n

The most actual topic of the global agenda \u201cTrumponomics\u201d was discussed within the first meeting of UNEC\u2019s new economic platform \u201cISE Economic Talks\u201d. Head of the International School of Economics<\/a><\/span>\u00a0Anar Rzayev<\/a><\/span> made a speech about the theme. Commenting on Trump\u2019s \u201crevolutions\u201d, A.Rzayev characterized them as an internal- political establishment and media inside the elites and the revolution of the US oligarchy, as well as tax, investments, fiscal energy, anti-globalism-populism, protectionism and xenophobia.<\/span><\/p>\n

A.Rzayev said that stimulation of economic growth with government spending will increase budget deficit. Infrastructural plans will lead to increase the interest rate of the FRS. This will increase the cost of borrowing and prevent the growth of GDP. And the participants of \u201cISE Economic Talks\u201d exchanged their views on the topic the US needs new industrialization policy and what happened to post-industrial paradigm.<\/span><\/p>\n

It was discussed that Trump\u2019s fiscal expansion policy is unlikely to be able to overcome the actual difference between the potential GDP and the real GDP. Interest rates will increase in the US. This will prevent domestic investments, but may change the direction of global capital flows. The US protectionism will result with the expansion of the difference between the internal tax base and income and preventing development of global economy, rather than by purchasing jobs in the international labor market. Increasing the interest rates will create conditions for \u201creturn\u201d of monetarism again.<\/span><\/p>\n

The aim of the project \u201cISE Economic Talks\u201d is bring UNEC instructors, students and research fellows together and organize debates with them. The most urgent economic issues and problems of the global economy and the country will be discussed within the project. At the same time, \u201cDebate Day\u201d of the bestseller economic books will be arranged. The topics of the discussions to be held twice a month will be chosen by voting. New directions of discussions will be defined in accordance with the proposals. Head of \u201cISE Economic Talks\u201d of UNEC is an instructor of the Department of \u201cInternational Economics Tahmasib Alizade<\/a><\/span>.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

First debate of the Project \u201cISE Economic Talks\u201d by the International School of Economics of UNEC has been held on March 2. The most actual topic of the global agenda \u201cTrumponomics\u201d was discussed within the first meeting of UNEC\u2019s new economic platform \u201cISE Economic Talks\u201d. Head of the International School of Economics\u00a0Anar Rzayev made a […]<\/p>\n","protected":false},"author":7,"featured_media":86193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[2267,2266],"class_list":["post-86242","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-trumponomics-en","tag-ise-economic-talks-en"],"_links":{"self":[{"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/posts\/86242","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/comments?post=86242"}],"version-history":[{"count":2,"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/posts\/86242\/revisions"}],"predecessor-version":[{"id":86247,"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/posts\/86242\/revisions\/86247"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/media\/86193"}],"wp:attachment":[{"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/media?parent=86242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/categories?post=86242"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/unec.edu.az\/en\/wp-json\/wp\/v2\/tags?post=86242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}