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Books > Business & Economics > Economics > Macroeconomics
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After the Great Recession - The Struggle for Economic Recovery and Growth (Hardcover, New)
Loot Price: R3,204
Discovery Miles 32 040
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After the Great Recession - The Struggle for Economic Recovery and Growth (Hardcover, New)
Expected to ship within 12 - 17 working days
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The severity of the Great Recession and the subsequent stagnation
caught many economists by surprise. But a group of Keynesian
scholars warned for some years that strong forces were leading the
US toward a deep, persistent downturn. This book collects essays
about these events from prominent macroeconomists who developed a
perspective that predicted the broad outline and many specific
aspects of the crisis. From this point of view, the recovery of
employment and revival of strong growth requires more than
short-term monetary easing and temporary fiscal stimulus.
Economists and policy makers need to explore how the process of
demand formation failed after 2007 and where demand will come from
going forward. Successive chapters address the sources and dynamics
of demand, the distribution and growth of wages, the structure of
finance and challenges from globalization, and inform
recommendations for monetary and fiscal policies to achieve a more
efficient and equitable society.
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