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Books > Business & Economics > Economics > Macroeconomics

Showing 1 - 25 of 10435 matches in Macroeconomics

Macroeconomics - Global and Southern African Perspectives (Paperback): David R. Johnson, Oliver Blanchard Macroeconomics - Global and Southern African Perspectives (Paperback)
David R. Johnson, Oliver Blanchard
R730 R604 Discovery Miles 6 040 Save R126 (17%) Shipped within 4 - 9 working days

This book presents a unified and global view of macroeconomics, enabling students to see the connections between the short-run, medium-run, and long-run. The book is organised in a flexible manner around two central parts: A core and a set of three major extensions. The core provides students with a unified view of macroeconomics; The extensions offers increased depth on the subject matter; and current macroeconomic events are integrated into each chapter of the book within the text and detailed boxes. Each box shows students how they can use what they've learned to get an understanding of economics in the real-world. It offers an underlying model that draws the implications of equilibrium in three sets of markets: the goods market, the financial markets and the labour market. Features two chapters, "The crisis" and "Monetary policy" provide updated information. Focus boxes convey the life of macroeconomics today and reinforce the lessons from the models, making them more concrete and easier to grasp. South African data, examples and terminology are meaningfully integrated throughout the text. The chapter on exchange rates provides an accessible treatment of the topic, reinforcing an understanding of the concepts with South Africa in mind. Content on inflation, activity and nominal money growth from the 5th edition has been integrated into chapter 8.

South Africa's Economic Crisis (Paperback): Stephen Gelb South Africa's Economic Crisis (Paperback)
Stephen Gelb
R20 R18 Discovery Miles 180 Save R2 (10%) Shipped within 11 - 17 working days

Commissioned by the Congress of South African Trade Unions (COSATU), the country's largest labour federation, this volume focuses on the steep decline in South Africa's economic performance since the mid-1970s. It argues that this stems from inherent structural problems shaped both by the apartheid system and by the post-war boom of the advanced industrial countries; and shows how the economy has been unable to adapt to the global slowdown since the oil crisis of the early 1970s and the challenges to apartheid of the 1980s.

The volume covers South Africa's international trade and debt problems, the difficulties faced by the mining, manufacturing and agricultural sectors, and the impact of crisis on employment levels, wages and living conditions of black workers.

What the analysis suggests is that political change and sanctions will not alone resolve the crisis - a fundamentally different economic structure will have to be built.

Macroeconomics: South Africa (Hardcover, 2nd edition): Celeste Campher, Gregory Mankiw, Mark Taylor, Ronney Ncwadi Macroeconomics: South Africa (Hardcover, 2nd edition)
Celeste Campher, Gregory Mankiw, Mark Taylor, Ronney Ncwadi
R411 R364 Discovery Miles 3 640 Save R47 (11%) Shipped within 8 - 13 working days

This South African edition of Macroeconomics is essential reading for all students taking introductory economics modules on undergraduate courses throughout South Africa. It is also ideal for use with the macroeconomics component of MBA courses. The text contains updated case studies, set against a South African context to illustrate how the principles of economics relate to your life. The news articles are based on news events in South Africa along with questions to help you apply your knowledge and to build your understanding. This text is designed to give you the confidence and ability to think like an economist.

Exploring Economics - International Student Edition (Paperback, 8th Revised edition): Robert L Sexton Exploring Economics - International Student Edition (Paperback, 8th Revised edition)
Robert L Sexton
R2,566 R2,300 Discovery Miles 23 000 Save R266 (10%) Shipped within 7 - 12 working days

A lively and encouraging narrative connects economics to the world in a way that is familiar to students in this eight edition. Drawing on over 25 years of teaching experience, author Robert Sexton sticks to the basics and segments concepts into brief, visually appealing, self-contained sections that are easier to digest and retain. Thoughtfully placed section quizzes, interactive summaries, and problem sets help students check their comprehension at regular intervals and develop the critical thinking skills that will allow them to "think like economists." Combined with a complete teaching and learning package including online homework and flexible teaching options, Exploring Economics is sure to help ignite students' passion for the field and help them understand its practical application in the real-world.

Forex Shockwave Analysis (Hardcover): James L. Bickford Forex Shockwave Analysis (Hardcover)
James L. Bickford
R1,471 R1,097 Discovery Miles 10 970 Save R374 (25%) Shipped within 7 - 11 working days

More than $2 trillion is traded in the foreign exchange every day, and many experts believe this figure will double in the next five years. Fortunately for spot currency traders, the high-volume periods in this market are predictably moved by information released from government and informational agencies, typically on Wednesdays and Fridays at 8:30 a.m. Knowing this gives the Forex trader tremendous analytical advantage, and in "Forex Shockwave Analysis," veteran online spot currency trader James Bickford offers reliable techniques and know-how to capitalize on the violent disruptions that happen at these times.

When a severe breakout up or down occurs in an otherwise well-behaved time series, it's called a shockwave, and "Forex Shockwave Analysis" offers unprecedented focus on identifying, analyzing, and categorizing this unique pattern in the foreign exchange market. It not only helps independent investors isolate and recognize recurring shockwave personality traits, but it also gives insight into the reactive phase immediately following the shockwave. Fundamental analysis is covered to provide complete coverage, but playing this market's action can be most highly profitable when the streaming data available today is used to reveal critical properties and characteristics about the underlying currency pair. This book equips you with the four most important methods of technical analysis: Pattern recognition Econometric models Crossover trading systems Wave theory

"Forex Shockwave Analysis" is packed with practical information for mastering shockwave trading, including a refined minimum reversal algorithm that converts raw security data (OHLC quotes) to swing data, numerous charts and diagnoses based on activity, range, and interaction, as well as fifteen case studies demonstrating how covered material works in the real world. This highly visual book is also outstandingly designed to serve as a computer-side reference that equips you with eleven appendices filled with all the tools you need to gain a distinct advantage while working online in your currency trading platform.

Shockwaves occur over the course of a few minutes, and with "Forex Shockwave Analysis," you can effectively profit off them for a lifetime.

Macroeconomics - Understanding the Global Economy (Paperback, 3rd Edition): David Miles, Andrew Scott, Francis Breedon Macroeconomics - Understanding the Global Economy (Paperback, 3rd Edition)
David Miles, Andrew Scott, Francis Breedon
R1,337 R1,211 Discovery Miles 12 110 Save R126 (9%) Shipped within 7 - 12 working days

Macroeconomics: Understanding the Global Economy, 3rd Edition is to help students and indeed anyone understand contemporary and past economic events that shape the world we live in, and at a sophisticated level. But it does so without focusing on mathematical techniques and models for their own sake. Theory is taken seriously so much so that the authors go to pains to understand the key aspects of theories in a way that will not put people off before they see how theories are useful to analyse issues. The authors believe that theories are essential to better understand the world, thus the book includes a wealth of historic and current episodes and data to both see how theories can help interpret the world and also to judge their validity. Economies today are very inter-connected; what happens in China matters pretty much everywhere; and what happens in one (even small) country in the euro zone has implications for the whole euro area and beyond, consequently Macroeconomics, 3rd Edition adopts a very international focus.

Aftermath - Seven Secrets of Wealth Preservation in the Coming Chaos (Paperback): James Rickards Aftermath - Seven Secrets of Wealth Preservation in the Coming Chaos (Paperback)
James Rickards 1
R320 R252 Discovery Miles 2 520 Save R68 (21%) Shipped within 4 - 8 working days

In his most practical book to date, financial expert and investment advisor James Rickards shows how and why our financial markets are being artificially inflated and what smart investors can do to protect their assets. What goes up must come down. As any student of financial history knows, the dizzying heights of the stock market can't continue indefinitely. In turbulent times, the elites are prepared, but what should the average investor do? James Rickards lays out the true risks to our financial system and offers invaluable advice on how best to weather the storm.

Money and Government - A Challenge to Mainstream Economics (Paperback): Robert Skidelsky Money and Government - A Challenge to Mainstream Economics (Paperback)
Robert Skidelsky 1
R348 R210 Discovery Miles 2 100 Save R138 (40%) Shipped within 7 - 12 working days

The dominant view in economics is that money and government should play only a minor role in economic life. Money, it is claimed, is more than a medium of exchange; and economic outcomes are best left to the 'invisible hand' of the market. Tracing the establishment of this orthodoxy and the challenges posed to it since the Great Depression of 1929-32, Robert Skidelsky shows how - unlike then - the 2008 global financial has not led to any new policy paradigm. Once the crisis had been overcome - by Keynesian measures taken in desperation - the pre-crash orthodoxy was reinstated, undermined but unbowed. No new 'big idea' has emerged, and orthodoxy has maintained its sway, enacting punishing austerity agendas that leave us with a still-anaemic global economy. This book aims to familiarise the reader with essential elements of Keynes's 'big idea'. By showing that much of economic orthodoxy is far from being the hard science it claims to be, it aims to embolden the next generation of economists to break free from their conceptual prisons and afford money and government the starring roles in the economic drama that they deserve.

Skin in the Game - Hidden Asymmetries in Daily Life (Paperback): Nassim Nicholas Taleb Skin in the Game - Hidden Asymmetries in Daily Life (Paperback)
Nassim Nicholas Taleb 1
R269 R158 Discovery Miles 1 580 Save R111 (41%) Shipped within 7 - 12 working days

THE TOP TEN BESTSELLER From the bestselling author of The Black Swan, a bold book that challenges many of our long-held beliefs about risk and reward, politics and religion, finance and personal responsibility Why should we never listen to people who explain rather than do? Why do companies go bust? How is it that we have more slaves today than in Roman times? Why does imposing democracy on other countries never work? The answer: too many people running the world don't have skin in the game. In his inimitable, pugnacious style, Nassim Nicholas Taleb shows that skin in the game applies to all aspects of our lives. It's about having something to lose and taking a risk. Citizens, lab experimenters, artisans, political activists and hedge fund traders all have skin in the game. Policy wonks, corporate executives, theoreticians, bankers and most journalists don't. As Taleb says, "The symmetry of skin in the game is a simple rule that's necessary for fairness and justice, and the ultimate BS-buster," and "Never trust anyone who doesn't have skin in the game. Without it, fools and crooks will benefit, and their mistakes will never come back to haunt them".

Blockchain Revolution - How the Technology Behind Bitcoin and Other Cryptocurrencies is Changing the World (Paperback): Don... Blockchain Revolution - How the Technology Behind Bitcoin and Other Cryptocurrencies is Changing the World (Paperback)
Don Tapscott, Alex Tapscott
R235 R185 Discovery Miles 1 850 Save R50 (21%) Shipped within 4 - 8 working days

THE DEFINITIVE BOOK ON HOW THE TECHNOLOGY BEHIND BITCOIN AND CRYPTOCURRENCY IS CHANGING THE WORLD -- MAJORLY EXPANDED WITH NEW MATERIAL ON CRYPTOASSETS, ICOs, SMART CONTRACTS, DIGITAL IDENTITY AND MORE.

'This book has had an enormous impact on the evolution of blockchain in the world' Satya Nadella, CEO, Microsoft Corporation

'What a spectacular book. Mind-blowing in its expansiveness and profundity. It makes me think we're at one of those times in technological, economic and social history where the sky is the limit' Steve Wozniak, co-founder of Apple Computer and Chief Scientist at Prima Data

'The Tapscotts have written the book, literally, on how to survive and thrive in this next wave of technology-driven disruption. Likely to become one of the iconic books of our time' Clay Christensen, Professor of Business Administration at Harvard Business School and author of The Innovator's Dilemma

'Occasionally a book comes along that changes the global discourse. This is likely to be one of those books. Blockchains are at the heart of the fourth industrial revolution and the Tapscotts lucidity explain why and how to capture the opportunity and avoid dangers' Klaus Schwab, Founder and Executive Chairman of the World Economic Forum

'Blockchain Revolution is a highly readable introduction to a bamboozling but increasingly important field' - Guardian

------

Blockchain is the ingeniously simple technology that powers Bitcoin. But it is much more than that, too. It is a public ledger to which everyone has access, but which no single person controls. It allows for companies and individuals to collaborate with an unprecedented degree of trust and transparency. It is cryptographically secure, but fundamentally open. And soon it will be everywhere.

In Blockchain Revolution, Don and Alex Tapscott reveal how this game-changing technology will shape the future of the world economy, dramatically improving everything from healthcare records to online voting, and from insurance claims to artist royalty payments. Brilliantly researched and highly accessible, this is the essential text on the next major paradigm shift. Read it, or be left behind.

-----

Don Tapscott is one of the most influential living theorists on business and society. He is the bestselling author of Wikinomics, The Digital Economy, and a dozen other acclaimed books about tech­nology, business, and society.

Alex Tapscott is the CEO of NextBlock Global a digital asset company. Previously, he worked for seven years in investment banking in New York and Toronto.

Daylight Robbery - How Tax Shaped Our Past and Will Change Our Future (Hardcover): Dominic Frisby Daylight Robbery - How Tax Shaped Our Past and Will Change Our Future (Hardcover)
Dominic Frisby 1
R460 R365 Discovery Miles 3 650 Save R95 (21%) Shipped within 7 - 11 working days

Tax has been a tool for political, economic and social power throughout history - it is as old as civilisation itself. But how and why are we taxed the way we are, and is now it time for a fundamental change? Daylight Robbery is a whirlwind journey through the story of tax from its roots in ancient Mesopotamia right through to today exploring questions including: * What part did tax play in the formations of our global religions? * Is there a tax story at the heart of every global revolution? * Did tax start prohibition? * How did has war shaped the way societies have been taxed? Frisby finds that we are stuck in a cycle of taxation that starts when a temporary tax is introduced and then increased over time, often repressing the population and restricting basic human rights, and ending in violent revolt and revolution. He argues that now is the time for a dramatically new and reformed tax system to avoid the same fate. "You can have a God, you can have a king, but the man to fear is the tax collector." Proverb, Ancient Mesopotamia (3100 BC)

In Math We Trust - The Future Of Money (Paperback): Simon Dingle In Math We Trust - The Future Of Money (Paperback)
Simon Dingle
R170 R134 Discovery Miles 1 340 Save R36 (21%) Shipped within 4 - 8 working days

Money is the most important human invention after language. It provides tokens for the faith we have in each other and society – but that trust has been violated repeatedly throughout history by the middlemen and authorities we rely upon in order to transact with each other.

Now a new kind of money promises to rescue us from these tyrants and return us to the roots of money, without relying on third-parties. Instead of putting our faith in banks and governments, we can trust math.

Simon Dingle has been working with Bitcoin and other cryptocurrencies since 2011, designing products that make it easier to engage with this new world of money. He is also a broadcaster, writer and speaker who makes complex subjects simple for his audiences. Having led the product team at one of the world’s first Bitcoin exchanges and on other popular fintech products, Simon continues to design and invest in projects that make money more fair, this in addition to his weekly radio show on 5FM that helps people with technology more generally.

In his first book Simon looks at the evolution of human trust that not only explains how cryptocurrencies work and the origins of Bitcoin, but how you can use these networks to take control of your own financial universe. A highly readable account of a complex subject, In Math We Trust is all you need to find out about the future of money.

Advanced Macroeconomics - A Primer (Paperback, 2nd Revised edition): Patrick Minford, David Peel Advanced Macroeconomics - A Primer (Paperback, 2nd Revised edition)
Patrick Minford, David Peel
R907 Discovery Miles 9 070 Shipped within 7 - 12 working days

Since the rational expectations revolution in macroeconomics, the subject has evolved in a major way, adopting the principles behind the revolution and building on them in spectacular fashion. In this thoroughly revised and updated second edition, the authors provide a complete and up-to-date textbook designed to guide students through the mathematical and conceptual maze of modern macroeconomics. The updated second edition includes: * Explanation of the historical development of the subject * Introduction to traditional macro-classical/adaptive expectations * Demonstration of how rational expectations are handled in macro models and in finance * An explanation of the importance of structural, micro-founded models * Key examples of structural models examined in detail, and with extension to the open economy * Discussion of policy implications throughout * Methodology for testing models against macro data behaviour, complete with the latest evidence on these models' success * Coverage of key topics, including the supply-side, unemployment, growth and the open economy. By explaining the basics of each topic, and providing the solid grounding for students to tackle more complex and detailed material, this textbook will be an invaluable resource for both postgraduate and upper level undergraduate students of macroeconomics alike.

People, Power, and Profits - Progressive Capitalism for an Age of Discontent (Hardcover): Joseph Stiglitz People, Power, and Profits - Progressive Capitalism for an Age of Discontent (Hardcover)
Joseph Stiglitz 1
R390 R304 Discovery Miles 3 040 Save R86 (22%) Shipped within 4 - 8 working days

From Nobel Prize-winning economist and bestselling author Joseph Stiglitz, this account of the dangers of free market fundamentalism reveals what has gone so wrong, but also shows us a way out. We all have the sense that our economy tilts toward big business, but as Joseph E. Stiglitz explains in People, Power and Profits, a few corporations have come to dominate entire sectors, contributing to skyrocketing inequality and slow growth. This is how the financial industry has managed to write its own regulations, tech companies have accumulated reams of personal data with little oversight, and government has negotiated trade deals that fail to represent the best interests of workers. Too many have made their wealth through exploitation of others rather than through wealth creation. If something isn't done, new technologies may make matters worse, increasing inequality and unemployment. Stiglitz identifies the true sources of wealth and increases in standards of living, based on learning, advances in science and technology, and the rule of law. He shows that the assault on the judiciary, universities, and the media undermines the very institutions that have long been the foundation of economic prosperity and democracy. Helpless though we may feel today, we are far from powerless. In fact, the economic solutions are often quite clear. We need to exploit the benefits of markets while taming their excesses, making sure that markets work for people and not the other way around. If enough rally behind this agenda for change, we can create a progressive capitalism that will recreate a shared prosperity. Stiglitz shows how a decent middle-class life can once again be attainable by all.

How To Think And Reason In Macroeconomics (Paperback, 4th Edition): Frederick C. V. N. Fourie, Philippe Burger How To Think And Reason In Macroeconomics (Paperback, 4th Edition)
Frederick C. V. N. Fourie, Philippe Burger
R678 R545 Discovery Miles 5 450 Save R133 (20%) Shipped within 4 - 8 working days

Why do economic variables change? So what if they do? What happens next? How do economic processes and policy institutions really work? What can policy do?

The answers are found in How To Think And Reason In Macroeconomics, a popular university text with very positive feedback from students, lecturers and practitioners. It combines well-informed intuitive understanding with solid economic theory plus a concrete understanding of South African economic processes, institutions and data. In this way it prepares you to analyse macroeconomic events and policies in a globalised and development context.

Macroeconomics - A Southern African perspective (Paperback, 2nd ed): Matthew Kofi Ocran Macroeconomics - A Southern African perspective (Paperback, 2nd ed)
Matthew Kofi Ocran
R302 R255 Discovery Miles 2 550 Save R47 (16%) Shipped within 4 - 8 working days

The book provides a thorough but concise exposure to macroeconomics to post school students as well as those studying economics for the first time. Following an introduction that gives an overview of macroeconomics as well as a brief discussion of the main macroeconomic problems that societies face, the book then looks at national income accounting and economic performance. The book looks at the unemployment problem. There is also a discussion of aggregate supply and demand theory, and the role of that theory in explaining the determinants of aggregate economic output and employment. The problem of inflation and is also discussed. The reality that the economies of most countries are interconnected with that of the rest of the world is discussed under open-economy. The book then discusses economic growth in both the short-run and the long run.

Understanding macroeconomics (Paperback, 2nd ed): Philip Mohr, Cecilia van Zyl, Anmar Pretorius Understanding macroeconomics (Paperback, 2nd ed)
Philip Mohr, Cecilia van Zyl, Anmar Pretorius
R279 Discovery Miles 2 790 Shipped within 7 - 10 working days

Macroeconomics is concerned with the economy as a whole. In macroeconomics, we develop an overall view of the economic system and we study total (or aggregate) economic behaviour. The emphasis is on topics such as total production, income and expenditure, economic growth, aggregate unemployment, the general price level, inflation and the balance of payments. Macroeconomics is therefore the world of totals.

This second edition of Understanding macroeconomics is a comprehensive revision and restructuring of the first edition, but still against a contemporary South African background. The major changes include the following: the chapter on money has been expanded and moved forward, and the material on the Keynesian model has been consolidated in two separate chapters, instead of being spread over different chapters . There is also a greater emphasis on the role of monetary and fiscal policy. New topics include the role of the ratings agencies and the notion of “radical economic transformation”. As in the first edition, the easy style and practical examples make the content extremely accessible. A wealth of relevant information about the South African economy is also provided.

A companion to this book, Understanding microeconomics, is also available.

30-Second Money - 50 key notions, factors, and concepts of finance explained in half a minute (Hardcover): Donald Marron 30-Second Money - 50 key notions, factors, and concepts of finance explained in half a minute (Hardcover)
Donald Marron 1
R360 R295 Discovery Miles 2 950 Save R65 (18%) Shipped within 7 - 12 working days

Stock-market crashes show how the world of high finance can negatively impact our daily life, but smart money reveals a two-way street where those savvy to the science of finance can take their personal wealth up a gear. What is a hedge fund? How best to understand private equity? What are the principles of investment? 30 Second Money balances key features of personal finance with those of the financial markets and economic concepts, explaining how mass monetary systems relate to one's own money management choices. From basic concepts like risk and return to types of borrowing, investment, and risk management, everything is explained without jargon or complexity. This is the handbook that gives the reader an edge in any business conversation.

Studies in Macroeconomic History - Currency, Credit and Crisis: Central Banking in Ireland and Europe (Paperback): Patrick... Studies in Macroeconomic History - Currency, Credit and Crisis: Central Banking in Ireland and Europe (Paperback)
Patrick Honohan
R563 Discovery Miles 5 630 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.

Money in the Great Recession - Did a Crash in Money Growth Cause the Global Slump? (Hardcover): Tim Congdon Money in the Great Recession - Did a Crash in Money Growth Cause the Global Slump? (Hardcover)
Tim Congdon
R2,185 Discovery Miles 21 850 Shipped within 7 - 12 working days

No issue is more fundamental in contemporary macroeconomics than identifying the causes of the recent Great Recession. The standard view is that the banks were to blame because they took on too much risk, `went bust' and had to be bailed out by governments. However very few banks actually had losses in excess of their capital. The counter-argument presented in this stimulating new book is that the Great Recession was in fact caused by a collapse in the rate of change of the quantity of money. This was the result of a mistimed and inappropriate tightening of banks' capital regulations, which had vicious deflationary consequences at just the wrong point in the business cycle. Central bankers and financial regulators made serious mistakes. The book's argument echoes that on the causes of the Great Depression made by Milton Friedman and Anna Schwartz in their classic book A Monetary History of the United States. Offering an alternative monetary explanation of the Great Recession, this book is essential reading for all economists working in macroeconomics and monetary economics. It will also appeal to those interested in the wider public policy debates arising from the crisis and its aftermath.

Modern Financial Markets & Institutions - a practical perspective (Paperback): Glen Arnold Modern Financial Markets & Institutions - a practical perspective (Paperback)
Glen Arnold
R1,314 Discovery Miles 13 140 Shipped within 7 - 12 working days

Modern Financial Markets and Institutions provides a comprehensive and authoritative introduction to the workings of modern financial systems, the efficiency of money markets and the role of investment bankers, illustrating how they impact our everyday lives. By drawing on numerous real-world examples, this text is essential reading for students of banking, finance, investment, business studies and economics. It will be invaluable for those looking to entering banking, insurance, fund management and other financial services industries. "The practical perspective is perfect for business students wishing to understand the financial sector and how it works. Arnold again, as with his other books, has done a great job here. This is a book I have been waiting for some time." Mr Jim Keane - Gloucester Business School University of Gloucestershire, Cheltenham, UK "Excellent analysis and clear explanations." Ms. Nirmala Lee - Dept Of Accounting/Finance LondonMet (Guild) University, London, UK

An Introduction to Macroeconomics - A Heterodox Approach to Economic Analysis (Paperback): Louis-Philippe Rochon, Sergio Rossi An Introduction to Macroeconomics - A Heterodox Approach to Economic Analysis (Paperback)
Louis-Philippe Rochon, Sergio Rossi
R834 Discovery Miles 8 340 Shipped within 7 - 12 working days

This important new book introduces students to the fundamental ideas of heterodox economics, presented in a clear and accessible way by top heterodox scholars. It offers not only a critique of the dominant approach to economics, but also a positive and constructive alternative. Students interested in an explanation of the real world will find the heterodox approach not only satisfying, but ultimately better able to explain a money-using economy prone to periods of instability and crises. Key features of this textbook include: * A non-conventional understanding of economic analysis on a number of relevant topics * Deep and convincing criticism of orthodox thinking * Discussion of the crucial importance of money, banking and finance today * Analysis of the roots of the 2008 global financial crisis * A presentation of the features of sustainable development. Students of economics at all levels can use this textbook to deepen their understanding of the heterodox approach, the fundamental roots of the 2008 global financial crisis and the need to rethink economics afresh.

Inequality, Growth and `Hot' Money (Hardcover): Pablo G. Bortz Inequality, Growth and `Hot' Money (Hardcover)
Pablo G. Bortz
R1,872 Discovery Miles 18 720 Shipped within 7 - 12 working days

The growing levels of income inequality, an explosion of global financial flows, and a worldwide decline of economic growth have combined to challenge accepted economic wisdom. Utilizing a heterodox approach, Pablo G. Bortz provides a fresh look for understanding the interaction between these three factors while identifying challenges and possible alternatives for an expansionary and progressive economic policy. Reviewing several schools of thought, Inequality, Growth and `Hot' Money explores the risks generated by capital flows and the limitations they impose on progressive economic policies. Professor Bortz then provides instruments and alternatives to pursue an expansionary and equalitarian program, including theoretical contributions to enrich heterodox and progressive economics. Standout features of this book include a review of the challenges that financial flows pose for developing countries; a redefinition of the role of capital controls; a policy approach that separates interest rate policies from a broader credit policy; and a rejection of the negative relationship between a more egalitarian income distribution and sustained economic expansion. Expanding the Kaleckian approach to include financial flows, this accessible introduction to heterodox growth models will be appreciated by graduate students and committed heterodox economists. Research departments at official institutions such as central banks may also be interested, specifically in the book's models and policy prescription.

Multi-Level Finance and the Euro Crisis - Causes and Effects (Hardcover): Ehtisham Ahmad, Massimo Bordigno, Giorgio Brosio Multi-Level Finance and the Euro Crisis - Causes and Effects (Hardcover)
Ehtisham Ahmad, Massimo Bordigno, Giorgio Brosio
R2,666 Discovery Miles 26 660 Shipped within 7 - 12 working days

Representing a unique contribution to the analysis and discussion of the unfolding Eurozone crisis in terms of the relationship between central and local government, this book addresses a number of important fiscal and political economy questions. To what extent have local and regional governments contributed to the crisis? To what degree have sub-national services and investments borne the brunt of the adjustments? How have multi-level fissures affected tensions between different levels of government from the supranational to the local? This volume covers these and many other critical issues that have been largely ignored despite their relevance. The book first addresses general issues of fiscal coordination and management across levels of government in the context of incentives, which can be altered by the existence of a supranational tier. The country-specific chapters, prepared by leading experts, provide a thorough review of the key problems of multi-levels of government in the biggest economies in the Eurozone (France and Germany) and Southern Europe (Portugal, Spain, Italy and Greece). In further chapters the juxtaposition of Barcelona and Turin provides an opportunity to evaluate large investments in a multi-level context, associated, in this case, with the Olympics. Macedonia provides a discussion of the related issues in an EU accession country. As a whole, the book explores the long-term impact of the crisis on local service delivery and investment, and the consequences for sustainable growth and political cohesion. It also offers rarely found insights and suggestions to increase the stability and strength of multi-level European institutions. This is an enlightening resource for all those, from academics and graduates to policy makers and practitioners, seeking a comprehensive understanding of European fiscal, federal and financial issues.

Macroeconomics  - Theory And Policy In South Africa (Paperback): Macroeconomics - Theory And Policy In South Africa (Paperback)
R230 R198 Discovery Miles 1 980 Save R32 (14%) In stock
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