Download or read book Reflections on a Troubled World Economy written by Fritz Machlup and published by Springer. This book was released on 1983-06-18 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Reflections on Progress written by Kemal Dervis and published by Brookings Institution Press. This book was released on 2016-08-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now, more than ever, the world needs growth-oriented and socially inclusive policymaking. Is the world giving up on the promise of ever-greater prosperity for all, on functioning democratic institutions, and on long-term peace? Is the special set of circumstances that led to the recent rapid growth in emerging markets unlikely to be present in the future? Will the second decade of the twenty first century end with “secular stagnation”? Does the rise of authoritarianism, populism, and fanatic nihilism—all experienced over the last few years—threaten to unravel what has been built painstakingly since the catastrophe of World War II? Kemal Dervis addresses these and similar questions in this thought-provoking series of essays written for Project Syndicate from 2011 to 2015. The essays are organized in three sections: global economic interdependence, inequality and the political economy of reform, and the specific challenge of Europe. The common theme is the need for growth-oriented and socially inclusive policymaking in an interdependent world. These kinds of policies offer the potential for another wave of unprecedented human progress aided by breathtaking new technologies. However, a huge and destabilizing disruption is possible if policymaking is not globally cooperative and is not focused on inclusion and greater equity. These essays synthesize the experience and analysis of a scholar and policymaker with national, regional, and international experience at the highest levels. Dervis exhibits a passion for combining strongly held values with political feasibility.

Download or read book Capitalism without Capital written by Jonathan Haskel and published by Princeton University Press. This book was released on 2018-10-16 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Early in the twenty-first century, a quiet revolution occurred. For the first time, the major developed economies began to invest more in intangible assets, like design, branding, and software, than in tangible assets, like machinery, buildings, and computers. For all sorts of businesses, the ability to deploy assets that one can neither see nor touch is increasingly the main source of long-term success. But this is not just a familiar story of the so-called new economy. Capitalism without Capital shows that the growing importance of intangible assets has also played a role in some of the larger economic changes of the past decade, including the growth in economic inequality and the stagnation of productivity. Jonathan Haskel and Stian Westlake explore the unusual economic characteristics of intangible investment and discuss how an economy rich in intangibles is fundamentally different from one based on tangibles. Capitalism without Capital concludes by outlining how managers, investors, and policymakers can exploit the characteristics of an intangible age to grow their businesses, portfolios, and economies.

Download or read book Karl Brunner and Monetarism written by Thomas Moser and published by MIT Press. This book was released on 2022-03-15 with total page 505 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economists consider the legacy of Karl Brunner’s monetarism and its influence on current debates over monetary policy. Monetarism emerged in the 1950s and 1960s as a school of economic thought that questioned certain tenets of Keynesianism. Emphasizing the monetary nature of inflation and the responsibility of central banks for price stability, monetarism held sway in the inflation-plagued 1970s, but saw its influence begin to decline in the 1980s. Although Milton Friedman is the economist most closely associated with the development of monetarism, it was Karl Brunner (1916–1989) who introduced the term into the current vocabulary of economics and shaped its meaning. In this volume, leading economists—many of them Brunner’s friends and former colleagues—consider the influence of Brunner’s monetarism on current debates over monetary policy. Some contributors were participants in debates between Keynesians and monetarists; others analyze specific aspects of monetarism as theorized by Brunner and his close collaborator Allan Meltzer, or address its influence on US and European monetary policy. Others take the opportunity to examine Brunner-Meltzer monetarism through the lens of contemporary macroeconomics and monetary models. The book grows out of a symposium that marked the 100th anniversary of Brunner’s birth. Contributors Ernst Baltensperger, Michael D. Bordo, Pierrick Clerc, Alex Cukierman, Michel De Vroey, James Forder, Benjamin M. Friedman, Kevin D. Hoover, Thomas J. Jordan, David Laidler, Allan H. Meltzer, Thomas Moser, Edward Nelson, Juan Pablo Nicolini, Charles I. Plosser, Kenneth Rogoff, Marcel Savioz, Jürgen von Hagen, Stephen Williamson

Download or read book Economic Laws and Economic History written by Charles P. Kindleberger and published by Cambridge University Press. This book was released on 1997-07-24 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, Charles Kindleberger makes a powerful case against the idea that any one model could be used to unlock the basic secret of economic history. It is essentially an exercise in methodology, addressed to economists and economic historians alike. He argues that too many economists discover a relationship or a uniformity in economic behaviour, develop a model, and use it to explain more than it is capable of, including, on occasion, all economic behaviour. These lectures discuss four 'laws' in economics to show how uniformities can illuminate economic history in particular aspects. They illustrate the view that the economist or economic historian seeking to test analysis against historical data should have a variety of different models, and not just one. The implication is that however scientific and technical the tools, choosing them carefully to fit particular circumstances is itself an art.

Download or read book International Coordination of Economic Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-06-29 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper discusses the scope, methods, and effects of international coordination of economic policies. In analyzing the scope for and of coordination, the paper addresses the rationale for coordination, barriers to coordination, the range and specificivity of policies to be coordinated, and the frequency of coordination. In evaluating the methods of coordination, the emphasis is on the broad issues of rules versus discretion, single-indicator versus multi-Indicator systems, and hegemonic versus symmetric systems. Finally, using the MULTIMOD global macroeconomic model, some simulations are presented of several rule-based proposals for coordination.

Download or read book Beyond Confrontation written by Phil Mullan and published by Emerald Group Publishing. This book was released on 2020-08-11 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beyond Confrontation by Phil Mullan negotiates a third way between the rules-based global order dictated by Western globalists and the mercantilist protectionism of Western nationalists, both of which only fuel resentments between developed and emerging nations.

Download or read book Economic Policy Exchange Rates and the International System written by Warner Max Corden and published by OUP Oxford. This book was released on 1994 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt: In an outstanding account of exchange rates inthe international monetary system, W. Max Corden considers the essential issues in international macroeconomics.The author takes as his model the macroeconomic situation of a country with an open economy, and explains the effects of domestic fiscal and monetary macroeconomic policy on exchange rates. He clearly analyses the choices faced by governments attempting to manage both the domestic inflation rateand the external exchange rate and current account balance. Professor Corden then discusses the European Exchange Rate mechanism, and provides a sceptical analysis of the possibilities for monetary union in Europe, and for international policy coordination in general. He gives equal weight todiscussion of the present US-centred international monetary system outside the ERM, and combines theoretical models with an account of the actual determination of floating exchange rates. Although the book itself is orientated towards monetary rather than trade issues, the author discusses twotopical issues: the role of protectionist policies, and the idea of competitiveness. Finally, he looks at the future of the international monetary system and the series of current reform proposals.Students will find this book useful because the author covers essential issues lucidly and authoritatively. The exposition is entirely non-mathematical. Postgraduate students and academics will be interested since Corden is a distinguished writer on international trade and policy, and hisarguments are powerfully presented.New to this edition:This is a revised and expanded edition of a previous book by Corden, Inflation, Exchange Rates and the World Economy, the third edition of which was published in 1985. In this new book, Professor Corden has fully rewritten the text, but retains the discursive, informal, reader-friendly style ofthe earlier editions. In this new edition, Professor Corden has included two new chapters which extend the treatment of macroeconomic policy, separating it into its fiscal and monetary branches. He also includes a new chapter on the role of the current account balance in determining macroeconomicpolicy. The author has brought his account of the present international monetary context up to date - characterised as the non-system - and has included a new analysis of European monetary issues, incorporating a review of the progress of the EMS towards full monetary union. The book also containsa provocative discussion of two highly topical issues: trade protection, and competitiveness, including both new theoretical analysis and such events as the recent GATT agreement.

Download or read book Good Value written by Stephen Green and published by Penguin UK. This book was released on 2009-07-02 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stephen Green - current Chairman of HSBC and ordained priest - believes above all that our lives should be lived with integrity. And more than that- these beliefs should not be left at the boardroom door. In Good Value, he argues that our businesses have a duty to society and explores how those of us who work in a profit-making workplace can combine our spiritual and ethical selves with our everyday work. Examining money markets across the globe and through the ages in a fascinating study of history, politics, religion and economics, Stephen Green shows how financial progress shouldn't mean an end to ethics at work.

Download or read book Globalists written by Quinn Slobodian and published by Harvard University Press. This book was released on 2020-04-07 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: George Louis Beer Prize Winner Wallace K. Ferguson Prize Finalist A Marginal Revolution Book of the Year “A groundbreaking contribution...Intellectual history at its best.” —Stephen Wertheim, Foreign Affairs Neoliberals hate the state. Or do they? In the first intellectual history of neoliberal globalism, Quinn Slobodian follows a group of thinkers from the ashes of the Habsburg Empire to the creation of the World Trade Organization to show that neoliberalism emerged less to shrink government and abolish regulations than to redeploy them at a global level. It was a project that changed the world, but was also undermined time and again by the relentless change and social injustice that accompanied it. “Slobodian’s lucidly written intellectual history traces the ideas of a group of Western thinkers who sought to create, against a backdrop of anarchy, globally applicable economic rules. Their attempt, it turns out, succeeded all too well.” —Pankaj Mishra, Bloomberg Opinion “Fascinating, innovative...Slobodian has underlined the profound conservatism of the first generation of neoliberals and their fundamental hostility to democracy.” —Adam Tooze, Dissent “The definitive history of neoliberalism as a political project.” —Boston Review

Download or read book Classical Liberalism and International Economic Order written by Razeen Sally and published by Routledge. This book was released on 2002-01-04 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book makes an innovative link between classical liberalism and questions of international economic order. The author begins with an outline of classical liberalism as applied to domestic economic order. He then surveys the classical liberal tradition from the Scottish Enlightenment to modern thinkers like Knight, Hayekn and Viner. Finally, he brings together the insights of thinkers in this tradition to provide a synthetic overview of classical liberalism and international economic order. The author's deployment of classical liberalism strikes a different note to other 'liberal' interpretations in economics and political science. In particular, classical liberalism points to the domestic preconditions of international order, and advocates unilateral liberalisation in the context of an institutional competition between states.

Download or read book Money and the Economy written by Karl Brunner and published by Cambridge University Press. This book was released on 1997-07-24 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers a unique perspective on a key issue of monetary economics: the effect of money on output. Karl Brunner and Allan Meltzer address the theoretical aspects of this issue with the purpose of understanding their policy implications. They offer an historical and at times provocative overview on the relationship between money and output, and go on to present their well-known model of a monetary economy, before examining the real sector. Throughout the volume, their views are confronted with competing explanations in order to highlight differences. The monetarist flavour of the volume emerges most clearly in frequent arguments pointing to the relative stability of the private sector.

Download or read book International Coordination of National Stabilization Policies written by Ralph C. Bryant and published by Brookings Institution Press. This book was released on 1995-10-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: As cross-border transactions and economic integration among nations have increased, formerly neglected differences among the domestic economic policies of nations have become progressively exposed to international scrutiny. National governments trying to pursue autonomous polices have found their decisions more difficult and the consequences of their decisions more uncertain. These trends have in turn provoked debate about whether governments should cooperate more fully when making their policy decisions. In this book, part of the Integrating National Economies series, Ralph A. Bryant considers how much national governments might benefit from coordination of their macroeconomic stabilization polices, the circumstances in which they might cooperation; and how ambitious that cooperation should be. Bryant argues that the potential benefits of attempted coordination are often greater than the potential risks. When national decisionmakers take into account the cross-border spillovers of their actions, and especially if the are prepared to consider mutually beneficial adjustments of their policy instruments, each cooperating nation may be able to attain higher levels of welfare. Bryant discusses circumstances in which efforts to coordinate could prove counterproductive. On the whole, however, he contends that efforts to coordinate policies internationally typically deserve examination and, frequently, can be expected to advance the common interests of nations' citizens. Bryant identifies and analyzes different forms of intergovernmental cooperation for monetary, fiscal, and exchange rate policies. One of the contributors of the book compares and evaluates three different analytical perspectives: the traditional policy-optimization approach favored by economists, the rule analysis of international regime environments, and the institutional analysis developed by scholars of international relations and political science. The book concludes with an o

Download or read book International Financial Integration written by A. Endres and published by Springer. This book was released on 2010-11-24 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on prominent contributions by economists to the debate on international monetary reform, this book provides an historical perspective on the plans, schemes and ideas on the international financial system.

Download or read book Guiding Global Order written by John Kirton and published by Routledge. This book was released on 2019-07-24 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: This title was first published in 2001. John Kirton, Joseph Daniels and Andreas Freytag present an indispensable and authoritative collection of papers which examine both the professional economic merits and the underlying politics, of the hotly contested competing initiatives for strengthening the international financial system. Containing the first treatment of China’s relationship with the G7/G8 and comprehensive analysis of the new G20 forum, this volume in the G8 and Global Governance series also looks at the possibilities for the G8 system. It places the work of the G7 within a broader context of global governance and the new challenges facing the international community in the new century. A balanced selection of distinguished experts from the G7 countries and from emerging markets outside, provide an essential addition to the bookshelves of academics, government officials and business and media communities interested in keeping abreast of the ongoing and rapidly expanding work of the G7/G8 system.

Download or read book The Resistible Appeal of Fortress Europe written by Martin Wolf and published by American Enterprise Institute. This book was released on 1994 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Union, by virtue of its size alone, is called on to play a central role in establishing a prosperous and liberal world economy. But, says Martin Wolf, its historic approach-an uncomfortable compromise between liberalism and protectionism-raises serious doubts about whether it is capable of rising to the challenge. The Maastricht treaty has reinforced Europe's protectionist and centralizing tendencies, while the impact of new competitors on the European economy may have also served to foster a "fortress" mentality. Such trends are likely to encourage similar developments elsewhere. Indeed, there is a very great danger that the "naive mercantilists" on both sides of the Atlantic will join hands to dance to the same protectionist tune, thereby putting at risk all that has been achieved by way of trade liberalization over half a century.

Download or read book American Economic Policy in the 1980s written by Martin Feldstein and published by University of Chicago Press. This book was released on 2007-12-01 with total page 836 pages. Available in PDF, EPUB and Kindle. Book excerpt: Destined to become the standard guide to the economic policy of the United States during the Reagan era, this book provides an authoritative record of the economic reforms of the 1980s. In his introduction, Martin Feldstein provides compelling analysis of policies with which he was closely involved as chairman of the Council of Economic Advisers during the Reagan administration: monetary and exchange rate policy, tax policy, and budget issues. Other leading economists and policymakers examine a variety of domestic and international issues, including monetary and exchange rate policy, regulation and antitrust, as well as trade, tax, and budget policies. The contributors to this volume are Alberto Alesina, Phillip Areeda, Elizabeth Bailey, William F. Baxter, C. Fred Bergsten, James Burnley, Geoffrey Carliner, Christopher DeMuth, Douglas W. Elmendorf, Thomas O. Enders, Martin Feldstein, Jeffrey A. Frankel, Don Fullerton, William M. Isaac, Paul L Joskow, Paul Krugman, Robert E. Litan, Russell B. Long, Michael Mussa, William A. Niskanen, Roger G. Noll, Lionel H. Olmer, Rudolph Penner, William Poole, James M. Poterba, Harry M. Reasoner, William R. Rhodes, J. David Richardson, Charles Schultze, Paula Stern, David Stockman, William Taylor, James Tobin, W. Kip Viscusi, Paul A. Volcker, Charles E. Walker, David A. Wise, and Richard G. Woodbury.