Innovation and economic recovery
Dr. Tamaro J. Green
2021-05-02 23:20:52 viewed: 605
The accelerated rate of new innovation and economic recovery mechanisms may increase risks to consumer markets. Shimizu (2019) describes acceleration of economic growth through the speed of innovation and delivery of new technology. Technology allows for rapid delivery of new products and services and policies to meet ever changing industries may be slow to respond. In addition, the economic recovery mechanisms placed internationally may also influence consumer markets. Effective communication of benefits and risks of trends and responses may provide consumers awareness of potential market fluctuations. Coibion, Gorodnichenko, Kumar, and Pedemonte (2020) propose policies for communication about inflation expectations for consumption and investment decisions.
Coibion, O., Gorodnichenko, Y., Kumar, S., & Pedemonte, M. (2020). Inflation expectations as a policy tool? Journal of International Economics, 124, 103297. doi:https://doi.org/10.1016/j.jinteco.2020.103297
Shimizu, Y. (2019). Monetary easing policy and stable growth: a theoretic approach. International Journal of Economic Policy Studies, 13(2), 359-382. doi:10.1007/s42495-019-00020-2
Dr. Tamaro Green is a computer science researcher and the founder of TJG Web Services. TJG Web Services, LLC is a consulting firm in the field of information technology. Dr. Green writes on topics of privacy, security, and ethics in information technology and computer science.
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