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Books > Business & Economics > Economics > Macroeconomics > General

Earth Economics - An Introduction to Demand Management, Long-Run Growth and Global Economic Governance (Paperback): Peter A G... Earth Economics - An Introduction to Demand Management, Long-Run Growth and Global Economic Governance (Paperback)
Peter A G Bergeijk
R566 Discovery Miles 5 660 Shipped within 7 - 12 working days

Taking stock of emerging planet data and analysing policies during the global crisis, Earth Economics provides a comprehensive and accessible introduction to basic macroeconomic concepts, methods and principles, and their application to real world data. Written principally for students seeking an introduction to macroeconomics, this book offers a completely new angle to policy, with a focus on the truly global level. Underpinned by empirical orientation of state-of-the-art data, it introduces earth economics as the study of the economy of our planet from the perspective of an autarkic system (a `closed economy'), focussing on policymaking that improves global rather than national welfare. Key features include: * A discourse on issues fundamental to the understanding of macroeconomics. * An introduction to economists' tools and concepts. Non-economists will learn how to survive in a discussion with economists: where to ask questions, where to listen, where to skip and where to ignore. * Presentation of extensive and wide-ranging data in a consistent and comprehensive framework. * In-depth treatment of key concepts including: aggregates, autarky, closed economies, current accounts, earth economics, data, macroeconomics, microeconomics, development and global public goods. * Provision of a thorough, working understanding of the subject matter via exercises set throughout the book, including: questions on the text, calculations, formulating arguments and preparation, analysis and interpretation of data and figures. See the companion website - www.eartheconomics.info for updates and additional information.

Macroeconomics - The Development of Modern Methods for Policy Analysis (Paperback): William M Scarth Macroeconomics - The Development of Modern Methods for Policy Analysis (Paperback)
William M Scarth
R723 Discovery Miles 7 230 Shipped within 7 - 12 working days

This important textbook offers a comprehensive look into the two main traditions in contemporary macroeconomics - New Classical and Keynesian - and examines the work of economists who have drawn on principles from both traditions to form a new, integrated approach known as New Neoclassical Synthesis. Importantly, this provides the theoretical foundation for much of current mainstream economics and the work done by central banks around the world. With a dual focus on research methods and policy applications, this book bridges the gap between intermediate macroeconomic and advanced graduate-level texts, making it an ideal resource for senior undergraduate and Masters students in applied economics programs. Key topics include: * a concise summary of intermediate macroeconomics, including the foundational ideas of both the New Classical and Keynesian traditions * the Lucas critique of standard methods for evaluating policy design * debt sustainability and austerity vs. stimulation debate * optimal inflation rates * tax reform and growth analysis * alternative monetary policies for pursuing price stability * theories of unemployment. Students and instructors will find additional useful resources on the book's companion website, including practice questions for each chapter.

Contemporary Issues in Macroeconomics - Lessons from The Crisis and Beyond (Paperback, 1st ed. 2015): Josephe Stiglitz, Martin... Contemporary Issues in Macroeconomics - Lessons from The Crisis and Beyond (Paperback, 1st ed. 2015)
Josephe Stiglitz, Martin Guzman
R892 Discovery Miles 8 920 Shipped within 7 - 12 working days

In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world. This volume is divided into five parts. The introduction includes keynote speeches by the Governors of the Bank of Japan and Central Bank of Jordan. Part one focuses on macroeconomic theory for understanding macroeconomic fluctuations and crises. Part two addresses the issue of the measurement of wealth. Part three discusses macroeconomic policies in times of crises. Finally, part four focuses on central banking and monetary policy.

A Handbook of Economic Anthropology, Second Edition (Paperback, 2nd Revised edition): James G. Carrier A Handbook of Economic Anthropology, Second Edition (Paperback, 2nd Revised edition)
James G. Carrier
R1,010 Discovery Miles 10 100 Shipped within 7 - 12 working days

The first edition of this unique Handbook was praised for its substantial and invaluable summary discussions of work by anthropologists on economic processes and issues, on the relationship between economic and non-economic areas of life and on the conceptual orientations that are important among economic anthropologists. This thoroughly revised edition brings those discussions up to date, and includes an important new section exploring ways that leading anthropologists have approached the current economic crisis. Its scope and accessibility make it useful both to those who are interested in a particular topic and to those who want to see the breadth and fruitfulness of an anthropological study of economy. This comprehensive Handbook will strongly appeal to undergraduate and post-graduate students in anthropology, economists interested in social and cultural dimensions of economic life, and alternative approaches to economic life, political economists, political scientists and historians.

Handbook of Research Methods on Social Entrepreneurship (Paperback): Richard Seymour Handbook of Research Methods on Social Entrepreneurship (Paperback)
Richard Seymour
R777 Discovery Miles 7 770 Shipped within 7 - 12 working days

Defining `social entrepreneurship' has in the past proved problematic, and debate continues concerning what it does and does not entail and encompass. This unique book frames the debates surrounding the phenomenon and argues that many of the difficulties relating to the study of social entrepreneurship are rooted in methodological issues. Highlighting these issues, the book sets out ideas and implications for researchers using alternative methodologies. Contributors expertly present practical guides for researchers, setting out appropriate strategies and methods that can be adopted to explore and understand social entrepreneurship. Chapters deal with research strategies such as storytelling, action research and the case study, as well as the methods appropriate for understanding discourse, large data sets, and networks. The book also explores some challenges for researchers, and will be of particular interest to early career researchers or researchers first approaching the field.

Mark Blaug: Rebel with Many Causes (Hardcover): Marcel Boumans, Matthias Klaes Mark Blaug: Rebel with Many Causes (Hardcover)
Marcel Boumans, Matthias Klaes
R2,424 Discovery Miles 24 240 Shipped within 7 - 12 working days

This book celebrates the immense contributions of Mark Blaug to every aspect of economics, a discipline in which his influence and relevance still resonate today, particularly in the field of the economics of education. This collection of eminent contributions discuss the ideas and works of Mark Blaug, who has made important and often pioneering contributions to economic history, economic methodology, the economics of education, development economics, cultural economics, economic theory and the history of economic thought. Besides these assessments of Blaug's influence and impact in these fields, this volume also contains a small number of personal portraits which depict him as a colleague, a friend and an opponent. Blaug was also a voracious reader and prolific writer, which is clearly evidenced by the comprehensive bibliography. A thought-provoking and stimulating collection of essays and dedications to Mark Blaug, this book will appeal to anyone interested in the history, culture and philosophy of economics.

The Economics of Wealth Distribution (Hardcover): James B Davies The Economics of Wealth Distribution (Hardcover)
James B Davies
R11,718 Discovery Miles 117 180 Shipped within 7 - 12 working days

This comprehensive two-volume collection includes seminal and classic articles that are key in the development of economic analysis of the distribution of wealth. Volume I discusses measurement of the distribution of wealth and analyses the time trends in wealth concentration and the importance of the role of inheritance. Theoretical approaches, including both stochastic and behavioural models are also explored. Volume II continues with articles on the determinants of saving and bequests whilst analysing life cycle and permanent income studies, as well as the role of entrepreneurship and taxation. It also includes key contributions to the controversy over the relative importance of inherited vs. self-made wealth. Along with a new and original introduction by the editor, these volumes are an indispensable tool for scholars and practitioners alike.

Handbook of Research Methods and Applications in Empirical Macroeconomics (Hardcover): Nigar Hashimzade, Michael A. Thornton Handbook of Research Methods and Applications in Empirical Macroeconomics (Hardcover)
Nigar Hashimzade, Michael A. Thornton
R4,772 Discovery Miles 47 720 Shipped within 7 - 12 working days

This comprehensive Handbook presents the current state of art in the theory and methodology of macroeconomic data analysis. It is intended as a reference for graduate students and researchers interested in exploring new methodologies, but can also be employed as a graduate text. The Handbook concentrates on the most important issues, models and techniques for research in macroeconomics, and highlights the core methodologies and their empirical application in an accessible manner. Each chapter is largely self-contained, whilst the comprehensive introduction provides an overview of the key statistical concepts and methods. All of the chapters include the essential references for each topic and provide a sound guide for further reading. Topics covered include unit roots, non-linearities and structural breaks, time aggregation, forecasting, the Kalman filter, generalised method of moments, maximum likelihood and Bayesian estimation, vector autoregressive, dynamic stochastic general equilibrium and dynamic panel models. Presenting the most important models and techniques for empirical research, this Handbook will appeal to students, researchers and academics working in empirical macroeconomics and econometrics.

An Encyclopedia of Keynesian Economics, Second edition (Hardcover, 2nd Revised edition): Thomas Cate An Encyclopedia of Keynesian Economics, Second edition (Hardcover, 2nd Revised edition)
Thomas Cate
R4,887 Discovery Miles 48 870 Shipped within 7 - 12 working days

This thoroughly revised and updated second edition of a highly acclaimed and authoritative reference work introduces the major concepts in the field of Keynesian economics. The comprehensive Encyclopedia features accessible, informative and provocative contributions by leading international scholars working in the tradition of Keynes. It brings together widely dispersed yet theoretically congruent ideas, presents concise biographies of economists who have contributed to the debate on Keynes and the Keynesian Revolution, and outlines the basic principles, models and tools used to discuss the economic consequences of The General Theory. Longer entries on specific topics associated with Keynes and the Keynesian Revolution analyse the principal factors that contributed to The General Theory, the economics of Keynes and the rise and apparent decline of Keynesian economics in greater detail. The second edition will ensure that An Encyclopedia of Keynesian Economics will remain the best single reference source on Keynesian economics and will continue to be welcomed by academics, students and teachers of economics as well as by scholars in related social sciences and government policymakers.

Economic Growth in an Open Developing Economy - The Role of Structure and Demand (Hardcover): A.P. Thirlwall Economic Growth in an Open Developing Economy - The Role of Structure and Demand (Hardcover)
A.P. Thirlwall
R1,866 Discovery Miles 18 660 Shipped within 7 - 12 working days

This concise yet insightful sequel to the highly acclaimed The Nature of Economic Growth provides a comprehensive critique of both old and new growth theory, highlighting the importance of economic growth for reducing poverty. A.P. Thirlwall illustrates that orthodox growth theory continues to work with 'one-good' models and to treat factor supplies as exogenously given, independent of demand. Orthodox trade theory still ignores the balance of payments consequences of different patterns of trade specialisation when assessing the welfare effects of trade. The author goes on to present theory underpinned by up-to-date empirical evidence that factors of production and productivity growth are endogenous to demand, and that the structure of production and trade matter for the long-run growth performance of countries because of their impact on the balance of payments. He concludes that trade liberalisation has proved disappointing in improving the trade-off between growth and the balance of payments. This book will provide a challenging read for students and academics in the fields of economics, heterodox economics, and development. Policymakers focussing on the relationship between growth, trade and the balance of payments will also find the book to be of great interest.

Financial Instability and Economic Security After the Great Recession (Paperback): Charles J. Whalen Financial Instability and Economic Security After the Great Recession (Paperback)
Charles J. Whalen
R609 Discovery Miles 6 090 Shipped within 7 - 12 working days

This timely book rethinks economic theory and policy by addressing the problem of economic instability and the need to secure broadly shared prosperity. It stresses that advancing economics in the wake of the Great Recession requires an evolutionary standpoint, greater attention to uncertainty and expectations, and the integration of finance into macroeconomics. The result is a broader array of policy options - and challenges - than conventional economics presents. Building on the pioneering work of Thorstein Veblen, John R. Commons and John Maynard Keynes, the authors synthesize key insights from Institutional and Post Keynesian economics into Post-Keynesian Institutionalism. Then they use that framework to explore an array of economic problems confronting the United States and the world. Inspired by the work of Hyman Minsky, the authors place financial relations at the center of their analysis of how economies operate and change over time. Students and scholars of macroeconomics and public policy will find this book of interest, as will a wider audience of financial analysts, policymakers and citizens interested in understanding economic booms and downturns.

Macroeconomics and the Environment - Essays on Green Accounting (Hardcover): Salah El Serafy Macroeconomics and the Environment - Essays on Green Accounting (Hardcover)
Salah El Serafy
R2,572 Discovery Miles 25 720 Shipped within 7 - 12 working days

Though scientists and environmentalists have long expressed concern over the rapid deterioration of the global environment, economists have largely failed to recognize the issue's relevance to their field. Salah El Serafy argues for an increased focus on the economic aspects of environmental degradation, calling for a fundamental shift in how economists measure and discuss national income. Through a combination of new material reflecting recent developments in the field and previously published essays that provide a history of green accounting, the author emphasizes the importance of considering natural resources as part of a nation's economic capital. Setting forth what has become known as the `El Serafy Method', this fascinating and complex volume presents both the justification and the methodology for giving the environment a place in the global economic conversation. Students, professors, researchers and policymakers in the field of environmental and ecological economics will no doubt find much to appreciate in this thoughtful and comprehensive analysis of the intersection between economics and the environment.

Studies in Macroeconomic History - Currency, Credit and Crisis: Central Banking in Ireland and Europe (Hardcover): Patrick... Studies in Macroeconomic History - Currency, Credit and Crisis: Central Banking in Ireland and Europe (Hardcover)
Patrick Honohan
R1,679 R1,576 Discovery Miles 15 760 Save R103 (6%) Shipped within 7 - 12 working days

The global financial crisis in 2008 brought central banking to the centre stage, prompting questions about the role of national central banks and - in Europe - of the multi-country European Central Bank. What can central banks do, and what are their limitations? How have they performed? Currency, Credit and Crisis seeks to provide a coherent perspective on the functions of a central bank in a small country by assessing the way in which Ireland's financial crisis from 2010 to 2013 was handled. Drawing on his experiences as Governor of the Central Bank of Ireland and in research and policy work at the World Bank, Patrick Honohan offers a detailed analytical narrative of the origins of the crisis and of policy makers' conduct during its most fraught moments.

What'S Right with Macroeconomics? (Hardcover): Robert M. Solow, Jean-Philippe Touffut What'S Right with Macroeconomics? (Hardcover)
Robert M. Solow, Jean-Philippe Touffut
R2,183 Discovery Miles 21 830 Shipped within 7 - 12 working days

Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed, and examines which theories researchers should preserve and develop. It questions how the field of economics - still reeling from the global financial crisis initiated in the summer of 2007 - will respond. The contributors, nine highly-renowned macroeconomists, highlight the virtues of eclectic macroeconomics over an authoritarian normative approach, and illustrate that macroeconomic reasoning can still be a useful tool for carrying out practical policy analysis. As for emerging research programmes, their wide-ranging chapters remind us that there are positive approaches to and reasons to believe in old-fashioned macroeconomics. This challenging and thought-provoking book will prove a stimulating read for researchers, academics and students of economics, as well as for professional economists.

Unemployment, Recession and Effective Demand - The Contributions of Marx, Keynes and Kalecki (Paperback, Revised ed.): Claudio... Unemployment, Recession and Effective Demand - The Contributions of Marx, Keynes and Kalecki (Paperback, Revised ed.)
Claudio Sardoni
R626 Discovery Miles 6 260 Shipped within 7 - 12 working days

In the midst of the current world economic crisis, many claim there is a necessity to return to the Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book is an important step in that direction. It presents a critical examination of the foundations of macroeconomics as developed in the traditions of Marx, Keynes and Kalecki, which are contrasted with the current mainstream. Particular attention is given to the problem of market forms and their relevance for macroeconomics. Professional economists and postgraduate students in economics, in particular those concerned with macroeconomics and the history of economic thought in the 20th century, will find this insightful resource invaluable. This book should be required reading for a large proportion of the economics profession who are dissatisfied with the mainstream.

Housing Markets and the Global Financial Crisis - The Uneven Impact on Households (Paperback): Ray Forrest, Ngai Ming Yip Housing Markets and the Global Financial Crisis - The Uneven Impact on Households (Paperback)
Ray Forrest, Ngai Ming Yip
R632 Discovery Miles 6 320 Shipped within 7 - 12 working days

Housing markets are at the centre of the recent global financial turmoil. In this well-researched study, a multidisciplinary group of leading analysts explores the impact of the crisis within, and between, countries. The impacts of the so-called global crisis are, in fact, highly uneven for both households and institutions. This unique book investigates why this is the case as well as emphasizing the consequences. It encompasses the experiences of all the major economies, including: Australia, China, Hong Kong, Hungary, Iceland, Ireland, Japan, New Zealand, South Korea, the UK, the USA and Vietnam, highlighting and comparing a wide range of housing systems and crisis impacts. Housing Markets and the Global Financial Crisis will strongly appeal to academics and postgraduate students in social policy, urban studies, public policy, economics, sociology and human geography. In addition, anyone with a general interest in globalization, neoliberalism and the changing nature of contemporary capitalist societies, as well as those with particular interests in housing markets and housing policy, will find this book enriching and enlightening.

The Microfoundations Delusion - Metaphor and Dogma in the History of Macroeconomics (Hardcover): J.E. King The Microfoundations Delusion - Metaphor and Dogma in the History of Macroeconomics (Hardcover)
J.E. King
R2,186 Discovery Miles 21 860 Shipped within 7 - 12 working days

In this challenging book, John King makes a sustained and comprehensive attack on the dogma that macroeconomic theory must have `rigorous microfoundations'. He draws on both the philosophy of science and the history of economic thought to demonstrate the dangers of foundational metaphors and the defects of micro-reduction as a methodological principle. Strong criticism of the microfoundations dogma is documented in great detail, from some mainstream and many heterodox economists and also from economic methodologists, social theorists and evolutionary biologists. The author argues for the relative autonomy of macroeconomics as a distinct `special science', cooperating with but most definitely not reducible to microeconomics. The Microfoundations Delusion will prove a stimulating and thought-provoking read for scholars, students and researchers in the fields of economics, heterodox economics and history of economic thought.

Development Trajectories in Global Value Chains - Making Cars in the New India  : Industry, Precarity and Informality... Development Trajectories in Global Value Chains - Making Cars in the New India : Industry, Precarity and Informality (Paperback)
Tom Barnes
R721 R681 Discovery Miles 6 810 Save R40 (6%) Shipped within 7 - 12 working days

Auto manufacturing holds the promise of employing many young Indians in relatively well-paid, high-skill employment, but this promise is threatened by the industry's role as a site of immense conflict in recent years. This book asks: how do we explain this conflict? What are the implications of conflict for the ambitious economic development agendas of Indian governments? Based upon extensive field research in India's National Capital Region, this book is the first to focus on labour relations in the Indian auto industry. It proposes the theory that conflict in the auto industry has been driven by twin forces: first, the intersection of global networks of auto manufacturing with regional social structures which have always relied on informal and precariously-employed workers; and, second, the systematic displacement of securely-employed 'regular workers' by waves of precariously-employed 'de facto informal workers'.

Why Poverty Persists - Poverty Dynamics in Asia and Africa (Paperback): Bob Baulch Why Poverty Persists - Poverty Dynamics in Asia and Africa (Paperback)
Bob Baulch
R634 Discovery Miles 6 340 Shipped within 7 - 12 working days

This edited book analyses what traps people in chronic poverty, and what allows them to escape from it, using long-term panel surveys from six Asian and African countries. The distinguishing feature of these studies, which were commissioned by the Chronic Poverty Research Centre, is they span longer periods or have more survey waves than most developing country panels. This allows a detailed account of the maintainers of chronic poverty and drivers of poverty dynamics. Many of the studies (from Bangladesh, Ethiopia, Nepal, Pakistan, South Africa and Vietnam) are written by leading development economists, and all pay careful attention to the difficult issues of attrition, measurement error and tracking. The book's comparative perspective highlights the common factors which cause people to fall into chronic poverty and allow them to break-free from it. A number of promising policies and interventions for reducing chronic poverty are identified. This up-to-date book will be an excellent resource for international development agencies, academics specialising in development economics and development studies, and researchers in international NGOs. Graduate students of development economics and development studies will also find much to interest them.

Handbook of Research Methods on Social Entrepreneurship (Hardcover): Richard Seymour Handbook of Research Methods on Social Entrepreneurship (Hardcover)
Richard Seymour
R2,896 Discovery Miles 28 960 Shipped within 7 - 12 working days

Defining `social entrepreneurship' has in the past proved problematic, and debate continues concerning what it does and does not entail and encompass. This unique book frames the debates surrounding the phenomenon and argues that many of the difficulties relating to the study of social entrepreneurship are rooted in methodological issues. Highlighting these issues, the book sets out ideas and implications for researchers using alternative methodologies. Contributors expertly present practical guides for researchers, setting out appropriate strategies and methods that can be adopted to explore and understand social entrepreneurship. Chapters deal with research strategies such as storytelling, action research and the case study, as well as the methods appropriate for understanding discourse, large data sets, and networks. The book also explores some challenges for researchers, and will be of particular interest to early career researchers or researchers first approaching the field.

A Handbook of Economic Anthropology, Second Edition (Hardcover, 2nd Revised edition): James G. Carrier A Handbook of Economic Anthropology, Second Edition (Hardcover, 2nd Revised edition)
James G. Carrier
R4,792 Discovery Miles 47 920 Shipped within 7 - 12 working days

The first edition of this unique Handbook was praised for its substantial and invaluable summary discussions of work by anthropologists on economic processes and issues, on the relationship between economic and non-economic areas of life and on the conceptual orientations that are important among economic anthropologists. This thoroughly revised edition brings those discussions up to date, and includes an important new section exploring ways that leading anthropologists have approached the current economic crisis. Its scope and accessibility make it useful both to those who are interested in a particular topic and to those who want to see the breadth and fruitfulness of an anthropological study of economy. This comprehensive Handbook will strongly appeal to undergraduate and post-graduate students in anthropology, economists interested in social and cultural dimensions of economic life, and alternative approaches to economic life, political economists, political scientists and historians.

Behavioural Macroeconomics (Hardcover): Ian M. McDonald Behavioural Macroeconomics (Hardcover)
Ian M. McDonald
R4,694 Discovery Miles 46 940 Shipped within 7 - 12 working days

This invaluable volume brings together seminal articles with a significant behavioural content on various areas in macroeconomics. The topics covered include a historical perspective on psychology and economics, social norms and macroeconomics, the nature of unemployment, unemployment and inflation, consumption and saving, the causes of the global financial crisis, economic growth and happiness and income distribution and the underclass. The collection also covers a broad range of the theories and methods used in behavioural economics. The comprehensive volume, with an original introduction by the editor, will be an essential compendium for researchers and students interested in behavioural economics.

GDP - A Brief but Affectionate History - Revised and expanded Edition (Paperback, Revised edition): Diane Coyle GDP - A Brief but Affectionate History - Revised and expanded Edition (Paperback, Revised edition)
Diane Coyle
R280 R206 Discovery Miles 2 060 Save R74 (26%) Shipped within 7 - 12 working days

Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013--or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008--just as the world's financial system went into meltdown? And why was Greece's chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country's economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives--but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country's economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.

A Modern Guide to Keynesian Macroeconomics and Economic Policies (Paperback): Eckhard Hein, Engelbert Stockhammer A Modern Guide to Keynesian Macroeconomics and Economic Policies (Paperback)
Eckhard Hein, Engelbert Stockhammer
R703 Discovery Miles 7 030 Shipped within 7 - 12 working days

This unique and comprehensive `modern guide' presents state-of-the-art surveys covering the main areas of macroeconomics and economic policy by well-known post-Keynesian authors. The chapters explore intriguing and important issues including: * the history and methods of post-Keynesian economics * money, credit and central banks * growth and income distribution * post-Keynesian macroeconomics as an alternative to the New Consensus * the macroeconomics of unemployment and labour market issues * European economic policies * open economy models of distribution and growth * international monetary and global economics * financialisation and financial crisis. This well-documented book will prove to be the essential guide for researchers and graduate students in macroeconomics and political economy. It will also prove inspiring to a wider audience interested in modern Keynesian macroeconomics.

Exchange and Development - An Anatomy of Economic Transactions (Paperback): Peter A. Cornelisse, Erik Thorbecke Exchange and Development - An Anatomy of Economic Transactions (Paperback)
Peter A. Cornelisse, Erik Thorbecke
R631 Discovery Miles 6 310 Shipped within 7 - 12 working days

This innovative and important book develops a new framework for analysing exchange that takes place within and outside markets over the course of development. The authors argue that development and social and economic progress are greatly enhanced by a fluent and efficient exchange system. Conversely, the process of development encourages and facilitates trade. The authors introduce the concept of exchange configurations to capture the multiplicity of settings within which exchange occurs and the many different forms exchange and transactions can take. The book shows how exchange configurations can help to identify the factors that constrain the exchange process and lead to the formulation of effective reforms. It then uses a historical analysis of systems of exchange during different phases of development over the last two millennia to illustrate different exchange configurations. Exchange and Development will appeal to students at both the graduate and undergraduate level in the fields of economic development, international trade, microeconomics, institutional economics and economic history. Researchers in universities and policy makers in governments and international agencies will also draw much benefit from the entirely novel approach formulated in this book.

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