The 1930 crisis and the New Deal policies. An exam from the economy and institutions
Keywords:
Great depression, New Deal, institutionsAbstract
This research is an analysis of the New Deal policies, implemented by Franklin D. Roosevelt in the United States during the economic crisis of the 30s, from the perspective of the economy and the institutions.
To achieve this end are presented the main elements of the crisis of 1930, a study of the economic policies pursued in the context of an institutional innovation, and we conclude by assessing the policies set used by that time from its macroeconomic achievements and its institutional performance.
Meanwhile, this paper includes a historical diagnosis of the situation in the U.S. at that time and
highlights the aspects that led to that administration to the implementation of the New Deal.
Finally, we conclude with an analysis of the macroeconomic impact of policies. The conclusion
includes the main lessons of experience from the perspective of economic policy and regulation
design, to end with some reflections on its possible implementation at present.
Downloads
References
Barbour, G. B. (1937). “The Tennessee Valley Project”, The Geographical Journal, vol. 89, Nº5, mayo.
Coole, H. L. and Ohanian Lee, E. (1999). “The Great Depression in the United States from a neoclassical perspective”, Federal Reserve of Minneapolis.
Coole, H. L. and Ohanian Lee, E. (2004). “New Deal Policies and the persistence of the Great Depression: A General Equilibrium Analysis”, Journal of Political Economy, vol. 112, Nº 4.
Department of commerce, Bureau of the census Washington (1961). “Historical statistics of the United States colonial time to 1957”.
Eden, R. (ed.) (1989). The New Deal and Its Legacy.
Eggertsson, G. B. (2006). “Was the New Deal Contractionary?, Federal Reserve Bank of New York Staff Reports, N° 264, octubre.
Federal Reserve of Minneapolis (2007). “Great Depressions of the twentieth century”.
Glaeser, E. L. and Shleifer, A. (2003). “The Rise of the Regulatory State,” Journal of Economic Literature, Vol. 41, Nº 2, junio 2003, págs. 401-425.
Graham, O. L. Jr. and Robinson Wander, M. (1985). Franklin D. Roosevelt: His Life and Times, New York, Da Capo Press.
Hamby, A. L. (2004). For the Survival of Democracy: Franklin Roosevelt and the World Crisis of the 1930s.
Keller, M. (ed.) (1963). The New Deal: What Was It?.
Leuchtenbrug, W. E.(1963). Franklin D. Roosevelt and the New Deal, New York, Harper and Row.
Leuchtenbrug, W. E. (1995). The Supreme Court Reborn.
McGraw, T. K. (1975). “Regulation in America: A Review Article”, The Business History Review, vol. 49, Nº 2, Summer, págs. 159-183.
McGraw, T. K. (1984). Prophets of Regulation, Cambridge, Belknap Harvard University Press.
Rauch, B. (1944). History of the New Deal 1933–1938.
Rauchway, E. (2007). The Great Depression & The New Deal: A very Short Introduction, Oxford University Press.
Schlesinger, A. Jr. (1959). The Coming of the New Deal.
Schlesinger, A. Jr. (1960). The Politics of Upheaval.
White, G. E. (2001). The Constitution and the New Deal.
Pine, J. (ed.) (2001). Wit and Wisdom of the American Presidents, New York, Dover Publications Inc.
Downloads
Published
Issue
Section
License
Make a Submission
Language
Information