Books > Reference & Interdisciplinary > Interdisciplinary studies > Globalization
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Macroeconomic Performance in a Globalising Economy (Paperback)
Loot Price: R925
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Macroeconomic Performance in a Globalising Economy (Paperback)
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The process of globalisation has been ongoing for centuries, but
few would doubt that it has accelerated and intensified in recent
decades. This acceleration is evidenced as much by the strong
synchronicity in the rapid transmission of financial crises
starting in late 2007 as it is by the decade of almost
unprecedented growth in international trade and financial market
liberalisation that preceded it. This book shows how the
international economy has become more connected via increased
production, trade, capital flows and financial linkages. Using a
variety of methodologies, including both panel econometrics and
DSGE modelling, a team of experts from academia, central banks and
the IMF examine how this increased globalisation has affected
competitiveness, productivity, inflation and the labour market.
This timely contribution to the globalisation literature provides a
longer-term perspective while also evaluating some of the potential
implications for policy makers, particularly from a European
perspective.
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