A Post Keynesian Perspective on Twenty-first Century Economic Problems
By: P. Davidson (editor)Hardback
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This volume explores key economic problems and suggests policies for the global economy of the 21st century. The problems highlighted include: international payments imbalances and currency crises, volatile security markets, inflation, achieving full employment, income distribution and alleviating individuals and nations of poverty. Also discussed is whether past policy errors were due to incompetence of policymakers.
Incompetence and confidence building behind Latin America's 20-year-old quasi-stagflation, Luiz Carlos Bresser-Pereira; the neomonetarist policy shift in Brazil - a review of the 1990s, Alfredo Saad Filho and Lecio Morais; the real crisis and the perspective of Brazil's economy in the beginning of the millennium, Fernando Ferrari; the balance of payments constrained growth model and the limits to export led growth, Robert Blecker; interest payments, capital movement and balance of payments constrained growth, Juan Carlos Moreno Brid; financial constraints and the small open economy, Penelope Hawkins; cross national comparisons of inter-group inequality, William Darity, Jr.; saving and investment - the theoretical case for lower interest rates, Basil Moore; demand constraints and economic growth, L. Randall Wray and Marc-Andre Pigeon; full employment policies must consider effective demand and structural and technological change - a prime point of Pasinetti's political economy, Mathew Forstater; unemployment and profitability in Spain, Jesus Felipe; a vat reduction for labour intensive services - a stimulus to employment in Germany, Hubert Hieke.
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- ID: 9781840646160
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