The other half of macroeconomics and the fate of globalization
Author(s)
Bibliographic Information
The other half of macroeconomics and the fate of globalization
Wiley, 2018
- : pbk
- : hardcover
Available at 7 libraries
  Aomori
  Iwate
  Miyagi
  Akita
  Yamagata
  Fukushima
  Ibaraki
  Tochigi
  Gunma
  Saitama
  Chiba
  Tokyo
  Kanagawa
  Niigata
  Toyama
  Ishikawa
  Fukui
  Yamanashi
  Nagano
  Gifu
  Shizuoka
  Aichi
  Mie
  Shiga
  Kyoto
  Osaka
  Hyogo
  Nara
  Wakayama
  Tottori
  Shimane
  Okayama
  Hiroshima
  Yamaguchi
  Tokushima
  Kagawa
  Ehime
  Kochi
  Fukuoka
  Saga
  Nagasaki
  Kumamoto
  Oita
  Miyazaki
  Kagoshima
  Okinawa
  Korea
  China
  Thailand
  United Kingdom
  Germany
  Switzerland
  France
  Belgium
  Netherlands
  Sweden
  Norway
  United States of America
-
National Graduate Institute for Policy Studies Library (GRIPS Library)
: hardcover331||Ko7801510738
Note
Includes bibliographical references (p. 281-286) and index
Some hardcover reprints has exact the same ISBN as paperback
Description and Table of Contents
Description
Get a new perspective from the 'other half' of macroeconomics
The failure of the vast majority of economists in government, academia and the private sector to predict either the post-2008 Great Recession or the degree of its severity has raised serious credibility issues for the profession. The repeated failures of central banks and other policymakers in all advanced countries to meet their inflation or growth targets in spite of astronomical monetary easing, have left the public rightfully suspicious of the establishment and its economists.
The Other Half of Macroeconomics and the Fate of Globalization elucidates what was missing in economics all along and what changes are needed to make the profession relevant to the economic challenges of today. Once the other half of macroeconomics is understood both as a post-bubble phenomenon and as a phase of post-industrial economies, it should be possible for policy makers to devise appropriate measures to overcome difficulties advanced countries are facing today such as stagnation and income inequality.
* Shows how it's possible to devise appropriate policy response to slow wage and productivity growth in these economies
* Demonstrates that the effectiveness of monetary and fiscal policy changes as an economy undergoes different stages of development
* Argues that tax rules, regulations and even educational system must be revised to match the need of pursued (by emerging nations) countries
* Explains the 200-year process of economic development and where that process is taking all of us
Inside, Richard C. Koo offers a completely new way of looking at the economic predicament of advanced countries today.
Table of Contents
Preface ix
About the Author xiii
Chapter 1 Introduction to the Other Half of Macroeconomics 1
Chapter 2 Balance Sheet Problems Create Shortage of Borrowers 17
Chapter 3 Dearth of Investment Opportunities Can Deter Borrowers 53
Chapter 4 Macroeconomic Policy During the Three Stages of Economic Development 83
Chapter 5 Challenges of Remaining an Advanced Country 107
Chapter 6 Helicopter Money and the QE Trap 127
Chapter 7 Europe Repeating Mistakes of 1930s 169
Chapter 8 Banking Problems in the Other Half of Macroeconomics 195
Chapter 9 The Trump Phenomenon and the Conflict Between Free Capital Flows and Free Trade 225
Chapter 10 Rethinking Economics 257
References & Bibliography 281
Afterword 287
Index 289
by "Nielsen BookData"