DOI: 10.7910/dvn/j7kxje
title: Replication data for: 2001 & 2007 Recessions prompted Remaking of The International Organizations

description: Countercyclical Economics to enhance business cyclical economics, Global World Trade Organization (WTO), the International Monetary Fund (IMF), and the World Bank (WB) to change from Instrumental for International Lending and International Investment to 1) Managing their own Monetary Policies by expanding the issuance of SDR and fluctuating Interest Rate, 2) Promotional for Business Development through Low-Interest Finance and Subsidies and 3) Controlling for global Market Balance (Equilibrium) of demand-to-supply by using Monetary and other Policies. Natural and/or artificial market agents to create the needed market (1/f noise) that will alleviate the shrinking market activities and the rising unemployment. In addition An undergoing change from pro-cyclical business economics to a countercyclical economics has been observed. Many papers in economics have followed up on such change fluently suggesting countercyclical approaches. Pressured by the 2001
&2007 recessions governments have used extreme very countercyclical measures such as entering into business ventures (the case with the GM) and quantitative easing. Hence, the US contemporaneous policy has been much more straightforward in interfering with the negative market forces than the EU one; however, in most recent times the rising national debt of Greece, Ireland, Portugal, and ext. has prompted EU to start acting more countercyclical than a priory. It becomes obvious that neither neo-
liberal economics that greatly contributed to the 2001&07 Recessions nor Keynesian that contributed to the high national debt and the very modest recoveries can explain or somehow interfere with these new arousing conditions of long-term negative market swings and fiscal shortages that prompt consistently high unemployment finally bringing imbalance of market demand-to-supply. Thus, pressured by the market forces the US and the EU are adapting under these new global environment in constant denia
l of doing it, the terra incognita of a new world of economics seems more like countercyclical than the status-quo of a priory trickle-down capitalism have allowed. In addition, the long-term China’s market growth scares all indeed, the puzzle is there. “Now, developing countries increasingly produce the kind of high-value-added components that 30 years ago were the exclusive purview of advanced economies. This climb is a permanent, irreversible change. With China and India -- which together account for almost 40 percent of the world's population -- resolutely moving up this ladder, structural economic changes in emerging countries will only have mo
re impact on the rest of the world in the future.” MICHAEL SPENCE (2011). This paper continues theoreticizing the ongoing changes even farther in to the overall market economics of using “as it comes as it goes” market agents to create market noise and diversify employment and into enhancing the accounting system of a debit/equity/credit marginal interest rate financing of a higher-security business environment marketplace. The ongoing changes have been difficult for the International Finance Institutions (IFI)’s philosophical acceptance, which approaches have been quite chaotic and limited by not being able to evolve from a priory economics theory. This paper will prove that the contemporaneous market conditions are well adoptable for such change of approaches by which the IFI should use monetary supplies through SDR, monetary policies and low-interest loans and subsidies to emerging market (EM) in need with a general accent on environmentally friendly industries and renewable energies projects. IFI priorities to evolve into preventing from market swings, for marginalizing inflation / deflation, to carryon global market balance of “demand-to-supply”. Hence, the global market possibilities for sustained market development could be succeeded.