Economic policy is facing crises on multiple fronts. With the
effects of the last financial crisis still with us, it is now faced
with the new challenges of post-Covid economic recovery and dealing
with the negative effects of over consumption on the climate. This
book explores the future of economic policy in relation to what the
author sees as the four great policy challenges of the first half
of the 21st century: the after effects of the last financial crisis
and the catastrophic impact of the Covid pandemic, secular
stagnation, growing poverty and inequality, and globalization. The
existence of these economic problems has become increasingly
relevant since some of the tools available to public action have
become useless. As economists begin to suggest new instruments of
economic policy, this book will help the reader understand the
nature of the economic and political facts that influence both
current and future generations.
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