A post Keynesian perspective on 21st century economic problems
Author(s)
Bibliographic Information
A post Keynesian perspective on 21st century economic problems
Edward Elgar, c2002
- Other Title
-
A post Keynesian perspective on twenty-first century economic problems
Available at / 30 libraries
-
No Libraries matched.
- Remove all filters.
Note
"The Sixth International Post Keynesian Workshop was held in Knoxville, Tennessee from 22 to 28 June 2000"--Preface
Includes bibliographies and index
Description and Table of Contents
Description
This book explores key economic problems and new policies for the global economy of the 21st century. The contributors discuss to what extent past policy errors were due to the incompetence of policymakers, and highlight problems including: international payments imbalances and currency crises, volatile security markets, inflation, achieving full employment, income distribution and alleviating individuals and nations of poverty.
In particular, topics explored include:
the development problem experienced by Brazil during the past two decades
the desire of most developing nations to achieve an export-led growth strategy
the constraint of balance-of-payments on Mexico's long-term economic growth
the relationship between group division and levels of economic development
decreasing economic growth in the United States
the consideration of effective demand, and structural and technological change
the relationship between unemployment and profitability.
The book presents a challenging set of arguments, and illustrates the many problems faced by decision makers in their attempt at policy making in the new global economy. It will be of special interest to academic economists, central bankers, government policymakers and those involved in financial markets.
Table of Contents
Contents
Preface
1 Latin America's quasi-stagnation
Luiz Carlos Bresser-Pereira
2 Neomonetarist dreams and realities: a review of the Brazilian experience
Alfredo Saad-Filho and Lecio Morais
3 A critique of the proposal for monetary union in Mercosur
Fernando Ferrari-Filho
4 The balance of payments-constrained growth model and the limits to export-led growth
Robert A. Blecker
5 A new approach to test the balance of payments-constrained growth model, with reference to the Mexican economy
Juan Carlos Moreno Brid
6 Banks' liquidity preference and financial provision
Penelope Hawkins
7 Racial/ethnic disparity and economic development
Willam Darity, Jr
8 Saving and investment: the theoretical case for lower interest rates
Basil Moore
9 Demand constraints and the new economy
Marc-Andre Pigeon and L. Randall Wray
10 Full employment policies must consider effective demand and structural and technological change: a prime point of Pasinetti's political economy
Mathew Forstater
11 Unemployment and profitability: the case of Spain
Jesus Felipe
12 VAT reduction for consumption-oriented, labor-intensive services in the European Union: a stimulus to employment? The case of Germany
Hubert Hieke
Index
by "Nielsen BookData"