A macroeconomic regime for the 21st century : towards a new economic order

Bibliographic Information

A macroeconomic regime for the 21st century : towards a new economic order

Christopher Taylor

Routledge, 2011

  • : hbk
  • : pbk

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Note

Includes bibliographical references (p. [243]-250) and index

Description and Table of Contents

Description

The book aims to give non-economists a detailed understanding of how macroeconomic policy works in modern economies, and the issues it faces. The world has recently been through a huge economic crisis and thinking people everywhere have reason to wonder whether something is not seriously wrong with the policy regimes underlying these dramatic events in the major economies, and whether changes should be made. The author reviews the history of the successive regimes tried and found wanting in the second half of the last century and proposes a set of reforms designed to convert the flawed neo-liberal consensus of the 1990s into a durable regime for the present century.

Table of Contents

1. Introduction: To Utopia and Back 2. The Demise of Economic Management 3. The Monetarist Experiment and its Legacy 4. The 1990s Synthesis 5. Problems under the 1990s Synthesis 6. The Global Financial Crisis 7. Monetary Policy 8. Fiscal Policy 9. Exchange Rate Policy 10. Review and Assesment

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