Description

This book explores key economic problems and new policies for the global economy of the 21st century.

The contributors discuss to what extent past policy errors were due to the incompetence of policymakers, and highlight problems including: international payments imbalances and currency crises, volatile security markets, inflation, achieving full employment, income distribution and alleviating individuals and nations of poverty.

In particular, topics explored include:

  • the development problem experienced by Brazil during the past two decades
  • the desire of most developing nations to achieve an export-led growth strategy
  • the constraint of balance-of-payments on Mexico's long-term economic growth
  • the relationship between group division and levels of economic development
  • decreasing economic growth in the United States
  • the consideration of effective demand, and structural and technological change
  • the relationship between unemployment and profitability.

The book presents a challenging set of arguments, and illustrates the many problems faced by decision makers in their attempt at policy making in the new global economy. It will be of special interest to academic economists, central bankers, government policymakers and those involved in financial markets.

A Post Keynesian Perspective on Twenty-First Century Economic Problems

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Hardback by Paul Davidson

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This book explores key economic problems and new policies for the global economy of the 21st century. The contributors discuss... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 26/02/2002
    ISBN13: 9781840646160, 978-1840646160
    ISBN10: 1840646160

    Number of Pages: 272

    Non Fiction , Business, Finance & Law

    Description

    This book explores key economic problems and new policies for the global economy of the 21st century.

    The contributors discuss to what extent past policy errors were due to the incompetence of policymakers, and highlight problems including: international payments imbalances and currency crises, volatile security markets, inflation, achieving full employment, income distribution and alleviating individuals and nations of poverty.

    In particular, topics explored include:

    • the development problem experienced by Brazil during the past two decades
    • the desire of most developing nations to achieve an export-led growth strategy
    • the constraint of balance-of-payments on Mexico's long-term economic growth
    • the relationship between group division and levels of economic development
    • decreasing economic growth in the United States
    • the consideration of effective demand, and structural and technological change
    • the relationship between unemployment and profitability.

    The book presents a challenging set of arguments, and illustrates the many problems faced by decision makers in their attempt at policy making in the new global economy. It will be of special interest to academic economists, central bankers, government policymakers and those involved in financial markets.

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