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Books > Business & Economics > Economics > Macroeconomics > General

European Policies for a Knowledge Economy (Paperback, illustrated edition): Maria Joao Rodrigues European Policies for a Knowledge Economy (Paperback, illustrated edition)
Maria Joao Rodrigues
R1,206 Discovery Miles 12 060 Ships in 12 - 17 working days

In 2000, the European Union adopted an overall strategy to effect transition to a knowledge economy. After coordinating the preparation of the Lisbon European Summit which launched this ten year strategy, Maria Joao Rodrigues provides a unique insight into the renewal of European economic and social policies. European Policies for a Knowledge Economy explores the information society and research and education policies which are being combined to build a stronger knowledge base, and enhance the growth potential of Europe via economic reforms, enterprise and innovation policies. The author ascertains that the European social model should be reformed by investing in people, improving welfare provision and fighting new forms of social exclusion. She goes on to argue that macroeconomic policies will help to advance these structural changes. The critical issues and underpinning debates that are highlighted include, amongst others: * reforms targeting the creation of more growth potential * macroeconomic policies which vitalise employment and structural change * policies for the information society aimed at improving standards of living * new priorities for national education policies towards lifelong learning * reforms of the labour markets for more and better jobs * implications of the Lisbon Strategy for the institutional reform of the European Union. Illustrating the challenges of a new strategic goal for European policies, this highly accessible book will be essential reading for a wide-ranging audience - scholars, public administrators, business people and anyone else with an interest in European policies and their implications for national agendas.

Good Economics for Hard Times (Paperback): Abhijit V Banerjee, Esther Duflo Good Economics for Hard Times (Paperback)
Abhijit V Banerjee, Esther Duflo
R534 R410 Discovery Miles 4 100 Save R124 (23%) Ships in 10 - 15 working days
Income Distribution and Environmental Sustainability - A Sraffian Approach (Hardcover): Robin Hahnel Income Distribution and Environmental Sustainability - A Sraffian Approach (Hardcover)
Robin Hahnel
R4,348 Discovery Miles 43 480 Ships in 12 - 17 working days

Any economics that does not deal forthrightly with economic inequality is no longer suitable for the twenty-first century. Similarly, any economics which does not provide a coherent way to integrate environmental sustainability into economic analysis will fail to command allegiance in the century ahead. This book demonstrates how the Sraffian framework provides important advantages in both areas. Divided into three chapters, Income Distribution and Environmental Sustainability provides a rigorous exposition of Sraffian theory emphasizing what it means for the economy to be productive, extends Sraffian theory to address environmental sustainability, and adds a normative theory of income distribution to Sraffa's positive theory. In Chapter 1, a rigorous version of the basic Sraffa model is presented which focuses on what it means for the economy to be capable of producing a physical surplus, explains the origin of profits, and shows how to measure changes in overall labor productivity resulting from any technical change. In Chapter 2, the basic model is extended to incorporate primary inputs from the natural environment, rigorously measure changes in environmental throughput efficiency, and establish sufficient conditions for environmental sustainability. In Chapter 3, an explicit "normative" theory of economic justice is elaborated which is a natural extension of Sraffa's "positive" theory of income determination and consistent with modern egalitarian literature on distributive justice. This book is of interest to academics and students who study political economy, economic theory, and philosophy, as well as those interested in the work of Piero Sraffa.

The Creation of Wealth and Poverty - Means and Ways (Hardcover): Hassan Bougrine The Creation of Wealth and Poverty - Means and Ways (Hardcover)
Hassan Bougrine
R3,909 Discovery Miles 39 090 Ships in 12 - 17 working days

The Creation of Wealth and Poverty is a study of the means and ways by which wealth and poverty are created in both developed and developing countries. It puts a particular emphasis on the role played by economic policy in shaping the stratification of modern societies through specific programmes dealing with issues of job creation, poverty and environmental degradation. This book is concerned with the social effects of the ongoing crisis in finance, development and the environment. By focusing on the political, legal and financial institutions that govern society and the economy, the book provides an analysis of wealth and poverty from a historical perspective. It shows how economic and social policies of the neoliberal model have led to a rise in unemployment, poverty and inequality and, therefore, made societies more polarized. This volume will be of great interest to policymakers, academics and students who study political economy, development economics and macroeconomics.

Sustainable Growth in the African Economy - How Durable is Africa's Recent Performance? (Hardcover): Jeffrey James Sustainable Growth in the African Economy - How Durable is Africa's Recent Performance? (Hardcover)
Jeffrey James
R3,904 Discovery Miles 39 040 Ships in 12 - 17 working days

The current growth path in sub-Saharan Africa is not following the Lewis model where labour moves from low-productivity agriculture to higher productivity manufacturing. Instead, it is moving directly to inappropriate (import and labour-saving) methods. This book seeks to show how this distorted growth process leaves out the major resource of these countries - labour - and ends up creating unstable employment and underemployment, leading to inequality and poverty. In this way it demonstrates how the entire growth process may be rendered unstable and unsustainable. Sustainable Growth in the African Economy considers whether the relatively rapid growth of recent years can be maintained or improved upon, with a focus on the process of industrialisation. Basing itself on a well-known dual-economy model, the proposed book focuses on several major problems of industrialisation, which has long been seen as the means of structural change in an economy which begins from a low income level. The book considers how the future trajectory of sub-Saharan Africa compares to recent success stories on other continents, and explains how factors such as rapid population growth and capital and import-intensive technology in manufacturing could foreshadow future social and political problems. This book will be essential reading to students and policymakers who are concerned with the existing pattern of African growth.

Inclusive and Sustainable Finance - Leadership, Ethics and Culture (Paperback): Atul K Shah Inclusive and Sustainable Finance - Leadership, Ethics and Culture (Paperback)
Atul K Shah
R1,121 Discovery Miles 11 210 Ships in 9 - 15 working days

Original, prescient and very different from most finance books which are highly technical and inaccessible, and also impersonal and exclusive/neoliberal. The book is informed by academic research and thinking, but not written in academic jargon and language. This research has significant global potential in reviving business education to embrace different cultural approaches to finance, long ignored by the mainstream. It helps retain timeless wisdoms and cultural values and reinvigorate social enterprise and sustainable business practices. This is a unique book, it is plural and inclusive, and at the same time, shows a solid understanding of the theory and practice of finance.

The Bulgarian Economy in Transition (Hardcover): John A Bristow The Bulgarian Economy in Transition (Hardcover)
John A Bristow
R3,143 Discovery Miles 31 430 Ships in 12 - 17 working days

John Bristow's wide-ranging review, based on primary sources, traces economic developments since the fall of Zhivkov in late 1989. The progress of the macroeconomy, sectoral developments, international relations, reform of the banking and fiscal systems, and privatization are all extensively examined by Professor Bristow. While focusing on policy and the failure of the Bulgarian political system to provide sufficient momentum for effective economic reform, this important book acknowledges the successes and recognizes the problems of framing policy in times of severe economic dysfunction.Accessible and up-to-date, The Bulgarian Economy in Transition will be welcomed by scholars, researchers and policy makers concerned with the problems of transition from planned to market economies.

Corporate Governance and Financial Performance - A Study of German and UK Initial Public Offerings (Hardcover, illustrated... Corporate Governance and Financial Performance - A Study of German and UK Initial Public Offerings (Hardcover, illustrated edition)
Marc Goergen
R2,853 Discovery Miles 28 530 Ships in 12 - 17 working days

This important book presents a new original study of the German and UK financial markets. It addresses the relationship between corporate governance, ownership and financial performance in German and UK firms floated during the 1980s. Marc Goergen uses detailed company micro-data to examine the ownership and performance of each firm from the time of its flotation to six years later. He finds that the evolution of ownership depends on certain corporate characteristics and that differences in financial performance cannot be explained simply by differences in the concentration of ownership. The book sheds new light on the important issue of whether corporate ownership influences or is influenced by financial performance. The main findings of the book have important implications for public policy and the current public debate on corporate governance and the globalisation of financial markets. They are important for established financial markets and the transitional economies of Eastern and Central Europe as well as for international scholars interested in issues of corporate governance and the performance of firms.

The Culture Transplant - How Migrants Make the Economies They Move To a Lot Like the Ones They Left (Hardcover): Garett Jones The Culture Transplant - How Migrants Make the Economies They Move To a Lot Like the Ones They Left (Hardcover)
Garett Jones
R681 R572 Discovery Miles 5 720 Save R109 (16%) Ships in 10 - 15 working days

A provocative new analysis of immigration's long-term effects on a nation's economy and culture. Over the last two decades, as economists began using big datasets and modern computing power to reveal the sources of national prosperity, their statistical results kept pointing toward the power of culture to drive the wealth of nations. In The Culture Transplant, Garett Jones documents the cultural foundations of cross-country income differences, showing that immigrants import cultural attitudes from their homelands—toward saving, toward trust, and toward the role of government—that persist for decades, and likely for centuries, in their new national homes. Full assimilation in a generation or two, Jones reports, is a myth. And the cultural traits migrants bring to their new homes have enduring effects upon a nation's economic potential. Built upon mainstream, well-reviewed academic research that hasn't pierced the public consciousness, this book offers a compelling refutation of an unspoken consensus that a nation's economic and political institutions won't be changed by immigration. Jones refutes the common view that we can discuss migration policy without considering whether migration can, over a few generations, substantially transform the economic and political institutions of a nation. And since most of the world's technological innovations come from just a handful of nations, Jones concludes, the entire world has a stake in whether migration policy will help or hurt the quality of government and thus the quality of scientific breakthroughs in those rare innovation powerhouses.

Equity Markets in India - Returns, Risk and Price Multiples (Hardcover, 1st ed. 2016): Shveta Singh, P.K. Jain, Surendra Singh... Equity Markets in India - Returns, Risk and Price Multiples (Hardcover, 1st ed. 2016)
Shveta Singh, P.K. Jain, Surendra Singh Yadav
R3,621 Discovery Miles 36 210 Ships in 12 - 17 working days

The book presents a comprehensive view of the Indian equity markets over the past two decades (1994-2014). Equity markets constitute the most important segment of stock exchanges; in fact, the status of equity returns is, by and large, considered as a barometer of the state of a country's economy. Returns earned by the equity investors on their funds invested in equity markets have become a decisive factor in the growth of such markets. In this context, the book discusses all the major aspects of equity returns and also conducts a dis-aggregative analysis based on underlying factors like age, size, ownership structure, industry affiliation/sector, among others, to explain the factors affecting returns and risk. While on the one hand the study ascertains the market rates of return (earned) on equities from the investors' perspective (by including both the capital gains and the dividend income), it also shows how to compute the rates of returns on equities from the corporate perspective (that is, rate of return earned on equity funds). It further assesses the required/expected rate of return and examines the volatility in stock returns, with a focus on its behaviour during the period of the study. It deepens investors' understanding of equity investment, helping them to make more-informed investments. While of interest to the investor community, this book also contributes significantly to the existing literature on market returns and is a valuable reference resource for academics, researchers and market participants, financial institutions and other intermediaries, regulators and policy makers.

Paying for Inequality - Economic Cost of Social Justice (Paperback, 2nd ed.): Andrew Glyn, David Miliband Paying for Inequality - Economic Cost of Social Justice (Paperback, 2nd ed.)
Andrew Glyn, David Miliband
R443 Discovery Miles 4 430 Ships in 12 - 17 working days
Finance and Sustainable Development - Designing Sustainable Financial Systems (Paperback): Magdalena Ziolo Finance and Sustainable Development - Designing Sustainable Financial Systems (Paperback)
Magdalena Ziolo
R1,223 Discovery Miles 12 230 Ships in 9 - 15 working days

There are many studies confirming the relationship between financial systems and economic development, but there are few which examine the degree to which financial systems a) impact the quality of information, b) influence sound corporate governance, c) ensure effective mechanisms of risk management, d) mobilize savings and f) facilitate trade. In the context of sustainability, there should also be a line of inquiry into how a particular financial system influences the assurance and implementation of sustainable development principles and goals. This book delivers a methodological approach to designing and assessing sustainable financial systems. It provides an original contribution by prioritizing ESG factors in the decision-making process of financial institutions and identifying their impact on sustainable financial systems. The author argues that to achieve financial stability, it is necessary to have in place mechanisms designed to prevent financial problems from becoming systemic and/or threatening the stability of the financial and economic system, while maintaining (or not undermining) the economy's ability to sustain growth and perform its other functions. The book primarily takes a simulation and experimental approach. It is the first book to take such a comprehensive look at sustainable financial systems as opposed to sustainable finance in general. It will appeal to academics, students and researchers in the fields of economics, finance and banking, business, management and political and social sciences.

The Globalization of Industry and Innovation in Eastern Europe - From Post-socialist Restructuring to International... The Globalization of Industry and Innovation in Eastern Europe - From Post-socialist Restructuring to International Competitiveness (Hardcover)
Christian Von Hischhausen, Jurgen Bitzer
R3,809 Discovery Miles 38 090 Ships in 12 - 17 working days

In this important book, industrial and enterprise reform over the last decade in Eastern Europe is critically reviewed in light of increasing Eastern integration into the global economy. The authors argue for the further globalization of Eastern European enterprise networks as a condition for recovery and growth in the region. Empirical evidence is provided from five industrial sectors (car industry, telecommunication, shipbuilding, computers, software), including case studies and international comparisons.

Macroeconomics in Context (Paperback, 4th edition): Neva Goodwin, Jonathan M Harris, Julie A. Nelson, Pratistha Joshi... Macroeconomics in Context (Paperback, 4th edition)
Neva Goodwin, Jonathan M Harris, Julie A. Nelson, Pratistha Joshi Rajkarnikar, Brian Roach, …
R1,869 Discovery Miles 18 690 Ships in 9 - 15 working days

* 4th edition has more emphasis on inequality, ownership structures, financialization, the changing nature of work, and global as well as economy-wide change and uncertainty * Several chapters include discussion on the impacts of COVID-19 on economic well-being and other macroeconomic outcomes like health and labour markets * General updates, including new data, new exercises and discussion questions * The first three chapters of 3rd edition have now been condensed to two chapters in the 4th edition * Differs from other principles books on the market in its pluralist approach. It covers everything the student needs to know, whilst also placing issues in their historical, institutional, social, political, and ethical context. * Introduces students to different schools of thought in economics. Perspectives include neoclassical economics, Keynesian economics, ecological economics, institutional economics and feminist economics. * Logical building-block structure, providing student with a clear sequential approach to macroeconomic models. * Companion website with student study guide, PPT slides and teaching materials (including test bank)

Temporary Equilibrium and Long-Run Equilibrium (Routledge Revivals) (Paperback): Willem H. Buiter Temporary Equilibrium and Long-Run Equilibrium (Routledge Revivals) (Paperback)
Willem H. Buiter
R1,351 Discovery Miles 13 510 Ships in 12 - 17 working days

This title, first published in 1979, presents the Ph.D. thesis of the world-renowned economist and financial expert, Willem Buiter. In Part I, three alternative specifications of temporary equilibria in asset markets, including their implications for macroeconomic models, are discussed; Part II examines the long-term implications of some short-term macroeconomic models. The analysis of the theoretical foundations of 'direct crowding out' and 'indirect crowding out' is particularly prominent, with the result that a synthesis of short-term macroeconomic analysis and long-term growth theory is formulated. The traditional tools of comparative dynamics and stability analysis are employed frequently. However, it is also argued that the true scope of government policy can only be adequately evaluated with the aid of concepts such as dynamic and static controllability. Temporary Equilibrium and Long-Run Equilibrium is a valuable study, and relevant for all serious students of modern economic theory.

Microfoundations Reconsidered - The Relationship of Micro and Macroeconomics in Historical Perspective (Paperback): Pedro... Microfoundations Reconsidered - The Relationship of Micro and Macroeconomics in Historical Perspective (Paperback)
Pedro Garcia Duarte, Gilberto Tadeu Lima
R999 Discovery Miles 9 990 Ships in 12 - 17 working days

Most macroeconomists agree that we live in the age of microfoundations. The recent worldwide financial crisis may have emboldened critics of this microfoundational orthodoxy, but it remains the dominant view that macroeconomic models must go beyond supply and demand functions to the level of individual decision-making, taking into account the general dynamic environment where agents live. Microfoundations Reconsidered seeks to reassess how the relationship of micro and macroeconomics evolved over time. The highly regarded contributors to the book argue that the standard narrative of microfoundations is likely to be unreliable. They therefore re-examine the history of the relationship of microeconomics and macroeconomics, starting from their emergence as self-consciously distinct fields within economics in the early 1930s. They seek to go beyond the conventional history that is often told and written by practicing economists. From different perspectives they challenge the association of microfoundations with Robert Lucas and rational expectations and offer both a more complete and a deeper reading of the relationship between micro and macroeconomics. Microfoundations Reconsidered is a valuable addition to the macroeconomic research literature. It is ideally suited to students, scholars, researchers, and practitioners with an interest in macro and microeconomics and the history of economics. Contributors: M. De Vroey, P. Garcia Duarte, D.W. Hands, K.D. Hoover, R. Leonard, G.T. Lima, P.E. Mirowski

South Africa And The World Economy In The 1990s (Paperback): Pauline Baker, Warren Krafchik, Alex Boraine South Africa And The World Economy In The 1990s (Paperback)
Pauline Baker, Warren Krafchik, Alex Boraine
R50 R43 Discovery Miles 430 Save R7 (14%) Ships in 15 - 25 working days

Based on a conference organised by the Aspen Institute and Idasa, this book explores South Africa's international economic policy options in the 1990s. For those wishing to understand international economic trends and their implications for South and southern Africa.

Consumption and Growth - Recovery and Structural Change in the US Economy (Hardcover, illustrated edition): Davide Gualerzi Consumption and Growth - Recovery and Structural Change in the US Economy (Hardcover, illustrated edition)
Davide Gualerzi
R3,002 Discovery Miles 30 020 Ships in 12 - 17 working days

The theme of this extensive book is the relationship between consumption and growth in the context of the long run theory of effective demand. Taking Schumpeter's views on economic development as a starting point, the author proposes an original framework for the analysis of consumption patterns as an element of growth in advanced market economies. The book examines the role of demand with respect to the theory of structural change and the theory of consumption at both the micro and macro level. The theoretical framework is employed to analyze the consumption-growth relationship and its implications for the process of structural evolution. The actual dynamics of consumption are examined in terms of the cycle of expansion in the US economy during the 1980s. The author concludes that there is a distinct shift towards a pattern of 'consumption deepening' that explains the consumption fuelled recovery of the 1980s and mirrors a process of 'intensive growth' of the market. This interpretation sheds light on the underlying process sustaining US expansion during the 1990s and the questions facing advanced market economies which have begun to experience the emergence of an 'internet scenario' in terms of development. In focusing on the relationship between consumption changes and the growth process, this book distinguishes itself from much of the literature on the subject which deals with these two aspects individually. Davide Gualerzi breaks genuinely new ground with his empirical and theoretical research. This book will appeal to economists interested in growth and economic development, scholars in related social sciences, and the wide base of economists and academics sympathetic to new approaches to the problem of economic growth.

Blind Spot - The Global Rise of Unhappiness and How Leaders Missed It (Hardcover): Jon Clifton Blind Spot - The Global Rise of Unhappiness and How Leaders Missed It (Hardcover)
Jon Clifton 1
R683 R574 Discovery Miles 5 740 Save R109 (16%) Ships in 10 - 15 working days

The rising unhappiness that leaders didn't see That's because while leaders pay close attention to measures like GDP or unemployment, almost none of them track their citizens' wellbeing. The implications of this blind spot are significant and far-reaching-leaders missed the citizen unhappiness that triggered events ranging from the Arab uprisings to Brexit to the election of Donald Trump. What are they going to miss next? Grounded in Gallup's global research, Blind Spot makes the urgent case that leaders should measure and quantify wellbeing and happiness-how citizens' lives are going-and shows them how. It also discusses the five key elements of a great life and where the world needs to improve in each of them to better the lives of people everywhere.

Credit, Interest Rates and the Open Economy - Essays on Horizontalism (Hardcover): Louis-Philippe Rochon, Matias Vernengo Credit, Interest Rates and the Open Economy - Essays on Horizontalism (Hardcover)
Louis-Philippe Rochon, Matias Vernengo
R3,478 Discovery Miles 34 780 Ships in 12 - 17 working days

The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of credit and money. This book extends horizontalism beyond its traditional boundaries and makes it consistent with the post-Keynesian theories of output and the open economy. The authors compare and contrast the horizontalist position with various orthodox and non-orthodox views on money. They argue that horizontalism is perfectly compatible with liquidity preference, credit constraints, and a flexible interest-rate mark-up, and address recent developments in banking that reinforce the validity of a horizontal schedule of credit-money. The overall intention is to place horizontalism within the current heterodox tradition as a general theory of the creation of money that is consistent with the post-Keynesian view on macroeconomic policy. Credit, Interest Rates and the Open Economy is essential reading for those who wish to expand their theoretical understanding of international financial issues and will be of great interest to those involved in macroeconomics, money and banking and radical economics.

Transaction Cost Economics - Recent Developments (Hardcover): Claude Menard Transaction Cost Economics - Recent Developments (Hardcover)
Claude Menard
R2,855 Discovery Miles 28 550 Ships in 12 - 17 working days

This important new book deals with some of the most fundamental issues of transaction cost economics. It focuses on the analysis of the internal nature and characteristics of organizations and on the subtle interactions between institutional environment and governance structures over time.Transaction Cost Economics investigates the nature of contractual arrangements involved in large organizations, the 'configurations' of corporations, the modes of governance implemented, and the respective role of different constituencies. The second series of problems addressed in the book concerns the interaction between the institutional environment and governance structures over time, with special emphasis on the Russian privatization programme and the narcotics market. These twin analyses substantiate the distinction between private and public ordering. The book is strongly oriented towards increasing the operationalization of the concepts of transaction cost economics. The book will be essential reading for everyone interested in the new institutional economics and by recent developments in the theory of contracts, in transaction costs economics and in organisation theory. Because of its emphasis on potential applications, it will also be of interest to readers from management science and those involved in the analysis of economies in transition.

The Universal Social Safety-Net and the Attack on World Poverty - Pressing Need, Manageable Cost, Practical Possibilities,... The Universal Social Safety-Net and the Attack on World Poverty - Pressing Need, Manageable Cost, Practical Possibilities, Favourable Spillovers (Hardcover)
Anthony Clunies-Ross, Mozammel Huq
R4,210 Discovery Miles 42 100 Ships in 12 - 17 working days

This text is concerned with strategy and tactics for directing that small slice of world income into filling the gap. This must be done country by country, on the initiative of each country's government: with the maximum involvement of its own civil society, and with the rich world also making a contribution. To add momentum, the international community needs to adopt targets far more specific than the fifty percent extreme 'poverty reduction' of the first Millennium Development Goal.

Globalisation, Regionalism and Economic Activity (Hardcover, illustrated edition): Philip Arestis, Michelle Baddeley, John S L... Globalisation, Regionalism and Economic Activity (Hardcover, illustrated edition)
Philip Arestis, Michelle Baddeley, John S L McCombie
R3,477 Discovery Miles 34 770 Ships in 12 - 17 working days

The processes of globalisation and increased economic regionalism have had profound, often destabilising, effects on modern economic and financial systems. In recognition of this fact, the editors of this fine book have collected together a diverse range of heterodox ideas surrounding the complex relationships and interactions between globalisation, regionalism and economic activity.The book promotes real-world economic issues and explores them without adopting any particular methodological, ideological or theoretical agenda. A number of influential economists explore the inter-relationships between globalisation, regionalism, finance, economic growth and development from a global perspective. Amongst other topics, the book includes comprehensive discussions on fixed versus flexible exchange rates; international liquidity; the WTO dispute settlement system; the eastward expansion of the European Union; crowding-out in export led growth; demand and supply in the New Economy; the national origin of financial liberalisation in the US; and the relationship between savings and investment. The range and depth of analysis makes this book a timely and useful contribution to current policy debates. Academics, students and scholars with an interest in globalisation, international economics and macroeconomics will do well to read this eclectic and stimulating volume.

The Nature of Economic Growth - An Alternative Framework for Understanding the Performance of Nations (Paperback, New Ed): A.P.... The Nature of Economic Growth - An Alternative Framework for Understanding the Performance of Nations (Paperback, New Ed)
A.P. Thirlwall
R863 Discovery Miles 8 630 Ships in 12 - 17 working days

This concise book, by one of the leading scholars in development economics, has been developed from a series of lectures given to masters students and will serve as an excellent introduction to the principles of growth and development theory. The author presents conventional wisdom with a critical eye and charts development economics as it has evolved from Adam Smith to 'new' or endogenous growth theory. Thirlwall is critical of the latter, and its predecessor neo-classical growth theory, and tries to put back demand as a driving force in growth theory. He argues that in an open developing economy one of the major constraints is the availability of foreign exchange to pay for imports, so that export growth which relaxes a balance of payments constraint on demand becomes a crucial determinant of overall growth performance. Demand creating its own supply in a growth context, rather than the pre-Keynesian view of supply creating its own demand, provides an alternative framework to the neo-classical one for understanding the differential growth performance of nations. This highly original book will be essential reading for all students and scholars of development and growth economics.

Globalisation, Development and Transition - Conversations with Eminent Economists (Hardcover, illustrated edition): Brian... Globalisation, Development and Transition - Conversations with Eminent Economists (Hardcover, illustrated edition)
Brian Snowdon
R5,002 Discovery Miles 50 020 Ships in 12 - 17 working days

This unique book provides a comprehensive survey of the major economic issues that have helped shape the modern world. It includes discussions of the latest research findings in the international economic development literature and scrutinises some of the most important debates in contemporary economics. Brian Snowdon examines the many controversies relating to long-run growth and development, problems of transitions from socialism to capitalism, international competitiveness and the impacts of globalisation. To shed light on these critical issues Brian Snowdon interviewed eleven leading economists who are featured in this book: Daron Acemoglu, Alberto Alesina, Padma Desai, William Easterly, Stanley Fischer, Janos Kornai, Michael Porter, Dani Rodrik, Jeffrey Sachs, Xavier Sala-i-Martin and Jeffrey Williamson. Globalisation, Development and Transition provides an all-encompassing guide to the contemporary literature on economic development and related fields, as well as an extensive and up-to-date list of references. It will be an essential resource for all scholars and students of economics, especially those with an interest in economic growth and development, economic history, trade and globalisation, and the economics of transition.

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