META ANALYSES AND CONTROVERSY ABOUT FINANCIALIZATION, GROWTH AND STABILITY: A look from post-transition countries of last decade

Abstract

In the recent theory of economic growth, there are multiple explanations for the “downward trend
of economic growth”, which is already happening during the past decade in developed and emerging
markets. Almost all economists have avoided researching the “hypothesis of a world without
growth”, dealing with Krugman’s rhetoric of “secular stagnation is probable” or thinking about
Koehn’s rhetoric get rid of dependence on growth”. The cult of growth is embedded in the economic,
political and social heads so deeply that for each of them growth is an imperative of life and death.
By reviewing certain literature and papers, we can draw a conclusion about trends in the world
economy, the dominant macroeconomic mainstream and reconsider and we can a critically
resist the role of “rule taker” in the economic policy of post-transition countries in the past ten
years. This paper does not investigate or establish a research gap, and does not offer a solutions
to current problems that may arise from comparative analyzes, but give a qualitative assessment
of the neoliberal tone of global economic policy, note the controversies of economic growth and
financial stability and reinterprets earlier doctrinal conflicts in the global economy, which can give
perspective possible solutions or policies for post-transition countries today. The key goal of this
paper is to give rise to future research.