The Global Economic Crisis Smash Effect Simulation: Theoretical Framework

FEA Working Paper No. 2009-27

6 Pages Posted: 20 May 2009 Last revised: 5 Jan 2010

See all articles by Mario Arturo Ruiz Estrada

Mario Arturo Ruiz Estrada

University of Malaya (UM) - Faculty of Economics & Administration (FEA)

Date Written: May 20, 2009

Abstract

This paper proposes the uses of the global economic crisis smash effect simulation theoretical framework to evaluate the final effects of the global financial crisis on the world economy. We present different scenarios and results according to different levels of devastation that the global financial crisis can generate on the world economy. It is based on the evaluation of the unemployment and the world wide poverty dissemination. We suggest the application of economic modeling in real time and multi-dimensional economic modeling to visualize different scenarios and the final impact of the global financial crisis.

Keywords: Econographicology, Economic Modeling, Macroeconomic Policy, Economic Teaching, Multi-Dimensional graphs and Multi-Dimensional Physical Spaces

JEL Classification: E60

Suggested Citation

Ruiz Estrada, Mario Arturo, The Global Economic Crisis Smash Effect Simulation: Theoretical Framework (May 20, 2009). FEA Working Paper No. 2009-27. Available at SSRN: https://ssrn.com/abstract=1407490 or http://dx.doi.org/10.2139/ssrn.1407490

Mario Arturo Ruiz Estrada (Contact Author)

University of Malaya (UM) - Faculty of Economics & Administration (FEA) ( email )

Kuala Lumpur, 50603
Malaysia
+60126850293 (Phone)

HOME PAGE: http://ssrc.um.edu.my/

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