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  • Global Capital and National Governments

    by Layna Mosley ...
    Series series Cambridge Studies in Comparative Politics
    Global Capital and National Governments suggests that international financial integration does not mean the end of social democratic welfare policies. Capital market openness allows participants to react swiftly and severely to government policy; but in the developed world, capital market participants consider only a few government policies when making decisions. Governments that conform to ... Read more

    $40.99 USD

  • Labor Rights and Multinational Production

    by Layna Mosley ...
    Series series Cambridge Studies in Comparative Politics
    Labor Rights and Multinational Production investigates the relationship between workers' rights and multinational production. Mosley argues that some types of multinational production, embodied in directly owned foreign investment, positively affect labor rights. But other types of international production, particularly subcontracting, can engender competitive races to the bottom in labor rights. ... Read more

    $31.19 USD

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    Eight Centuries of Financial Folly

    Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading ... Read more

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  • Stability with Growth

    Macroeconomics, Liberalization and Development

    Series series Initiative for Policy Dialogue Series
    There is growing dissatisfaction with the economic policies advocated by the IMF and other international financial institutions - policies that have often resulted in stagnating growth, crises, and recessions for client countries. This book presents an alternative to "Washington Consensus" neo-liberal economic policies by showing that both macro-economic and liberalization policy must be sensitive ... Read more

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  • Against the Consensus

    Reflections on the Great Recession

    In June 2008, Justin Yifu Lin was appointed Chief Economist of the World Bank, right before the eruption of the worst global financial and economic crisis since the Great Depression. Drawing on experience from his privileged position, Lin offers unique reflections on the cause of the crisis, why it was so serious and widespread, and its likely evolution. Arguing that conventional theories provide ... Read more

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  • Macroeconomic Paradigms and Economic Policy

    From the Great Depression to the Great Recession

    The recent financial crisis has demonstrated the dangers of ignoring the factors that led to previous crises, and the effectiveness of the policies designed to deal with them. Over time, these macroeconomic policies have evolved, oscillating between state intervention and a free-market approach. Following a story that runs from the pre-Great Depression era up until the Financial Crisis of 2007–11, ... Read more

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  • Emerging Capital Markets And Globalization: The Latin American Experience

    Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign ... Read more

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  • Smart Fiscal Consolidation

    A Strategy for Achieving Sustainable Public Finances and Growth

    Series series Wilfried Martens Centre for European Studies Research Papers
    Due to high government debt levels and the dangers of self-defeating austerity in Europe, smart fiscal consolidation measures are needed that foster economic growth. A thorough review of the relevant literature provides many useful insights. To regain credibility, a clearly communicated broad reform program (including structural reforms) is required. Targeting mainly public expenditures, rather ... Read more

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  • Inequality and Fiscal Policy

    The sizeable increase in income inequality experienced in advanced economies and many parts of the world since the 1990s and the severe consequences of the global economic and financial crisis have brought distributional issues to the top of the policy agenda. The challenge for many governments is to address concerns over rising inequality while simultaneously promoting economic efficiency and ... Read more

    $14.39 USD

  • The Financialization of Housing

    A political economy approach

    Series series Routledge Studies in the Modern World Economy
    Due to the financialization of housing in today’s market, housing risks are increasingly becoming financial risks. Financialization refers to the increasing dominance of financial actors, markets, practices, measurements and narratives. It also refers to the resulting structural transformation of economies, firms, states and households. This book asserts the centrality of housing to the ... Read more

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  • Monetary Policy Over Fifty Years

    Experiences and Lessons

    Edited by Heinz Herrmann ...
    Series series Routledge International Studies in Money and Banking
    This book is based on a conference celebrating the 50th anniversary of the Deutsche Bundesbank. Since the 1950s, there have been fundamental changes in the monetary order and financial systems, in our understanding of the effects of monetary policy, the best goals for central banks and the appropriate institutional setting of central banks. Prominent monetary economists and central bankers give ... Read more

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  • Fiscal Policy Rules

    Series Book 162 - Occasional Papers
    What are fiscal policy rules? What are the principal benefits and drawbacks associated with various fiscal rules, particularly compared with alternative approaches to fiscal adjustment? Can fiscal rules contribute to long-run sustainability and welfare without sacrificing short-run stabilization? If so, what characteristics of fiscal rules make this contribution most effective? And in what ... Read more

    $7.89 USD