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Macroeconomic Policy in Fragile States

Edited by Ralph Chami, Raphael Espinoza, Peter J. Montiel ...

Setting macroeconomic policy is especially difficult in fragile states. Political legitimacy concerns are heightened, raising issues such as who the policymakers are, what incentives they face, and how the process of policymaking is likely to work under limited legitimacy and high uncertainty both about the macroeconomic environment as well as policy effectiveness. In addition, fragility expands ... Read more

$143.99 USD

Setting macroeconomic policy is especially difficult in fragile states. Political legitimacy concerns are heightened, raising issues such as who the policymakers are, what incentives they face, and how the process of policymaking is likely to work under limited legitimacy and high uncertainty both about the macroeconomic environment as well as policy effectiveness. In addition, fragility expands
... Read more
Wage Moderation in Crises

by Jörg Decressin, Ioannis Halikias, Michael Kumhof, Daniel Leigh, Prakash Loungani, Paulo Medas, Susanna Mursula, Antonio Spilimbergo ...

The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy and for the entire euro area. If all crisis-hit economies undertake wage moderation together, their output still expands, albeit to a lesser degree. If the wage moderation is ... Read more

$4.49 USD

The paper studies the impacts of wage moderation in the euro area. Simulation results show that if a single euro area crisis-hit economy undertakes wage moderation, the impact on output is positive for that economy and for the entire euro area. If all crisis-hit economies undertake wage moderation together, their output still expands, albeit to a lesser degree. If the wage moderation is
... Read more
When Should Public Debt Be Reduced?

by Jonathan Mr. Ostry, Atish Mr. Ghosh, Raphael Espinoza ...

Series Book 15 - IMF Staff Discussion Notes
What considerations should guide public debt policy going forward? Should debt be reduced to achieve normative anchors (such as 60 percent of GDP), should it be increased further to finance a big public investment push, or should the existing debt be serviced forever? We argue that, for countries with ample fiscal space (little risk of encountering a fiscal crisis), raising distortive taxes merely ... Read more

$4.49 USD

What considerations should guide public debt policy going forward? Should debt be reduced to achieve normative anchors (such as 60 percent of GDP), should it be increased further to finance a big public investment push, or should the existing debt be serviced forever? We argue that, for countries with ample fiscal space (little risk of encountering a fiscal crisis), raising distortive taxes merely
... Read more

Stalled

Jump-Starting the Canadian Economy

by Michael Hlinka ...

For the fifty years following the Second World War, Canada enjoyed a period of spectacular economic growth — the economy quadruple in size and the living standard of most Canadians steadily improved.However, in the years since, Canada has suffered from economic stagnation. Businesses keep closing, and Canadians find it harder to get and keep a good job. Increasingly, Canadians have relied on ... Read more

$7.19 USD or Free with Kobo Plus

For the fifty years following the Second World War, Canada enjoyed a period of spectacular economic growth — the economy quadruple in size and the living standard of most Canadians steadily improved.However, in the years since, Canada has suffered from economic stagnation. Businesses keep closing, and Canadians find it harder to get and keep a good job. Increasingly, Canadians have relied on
... Read more
Global Discontents

Conversations on the Rising Threats to Democracy

by Noam Chomsky, David Barsamian ...

Series series The American Empire Project
In this compelling set of interviews, the intellectual discusses contemporary threats to democracy, from economic inequality to the Trump presidency.In wide-ranging discussions with David Barsamian, his longtime interlocutor, Noam Chomsky asks us to consider "the world we are leaving to our grandchildren": one imperiled by climate change and the growing potential for nuclear war. If the current ... Read more

$14.39 USD

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In this compelling set of interviews, the intellectual discusses contemporary threats to democracy, from economic inequality to the Trump presidency.In wide-ranging discussions with David Barsamian, his longtime interlocutor, Noam Chomsky asks us to consider "the world we are leaving to our grandchildren": one imperiled by climate change and the growing potential for nuclear war. If the current
... Read more

Also available as: Audiobook
End of Money

Counterfeiters, Preachers, Techies, Dreamers—and the Coming Cashless Society

by David Wolman ...

For ages, money has meant little metal disks and rectangular slips of paper. Yet the usefulness of physical money -- to say nothing of its value -- is coming under fire as never before. Intrigued by the distinct possibility that cash will soon disappear, author and Wired contributing editor David Wolman sets out to investigate the future of money...and how it will affect your wallet.Wolman begins ... Read more

$2.99 USD

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For ages, money has meant little metal disks and rectangular slips of paper. Yet the usefulness of physical money -- to say nothing of its value -- is coming under fire as never before. Intrigued by the distinct possibility that cash will soon disappear, author and Wired contributing editor David Wolman sets out to investigate the future of money...and how it will affect your wallet.Wolman begins
... Read more

Also available as: Audiobook
Interest Rate Cycles: An Introduction

by Brian Romanchuk ...

Monetary policy has increasingly become the focus of economists and investors. This report describes the factors driving interest rates across the economic cycle. Written by an experienced fixed income analyst, it explains in straightforward terms the theory that lies behind central bank thinking. Although monetary theory appears complex and highly mathematical, the text explains how decisions ... Read more

$4.99 USD or Free with Kobo Plus

Monetary policy has increasingly become the focus of economists and investors. This report describes the factors driving interest rates across the economic cycle. Written by an experienced fixed income analyst, it explains in straightforward terms the theory that lies behind central bank thinking. Although monetary theory appears complex and highly mathematical, the text explains how decisions
... Read more
The Theory of the Leisure Class (Annotated)

by Thorstein Veblen ...

The Theory of the Leisure Class: An Economic Study of Institutions (1899), by Thorstein Veblen, is an economic treatise and detailed social critique of conspicuous consumption, as a function of social-class consumerism. It suggests that the social strata and the division of labor of the feudal period continued into the modern era. The lords of the manor employed themselves in the economically ... Read more

$2.99 USD

The Theory of the Leisure Class: An Economic Study of Institutions (1899), by Thorstein Veblen, is an economic treatise and detailed social critique of conspicuous consumption, as a function of social-class consumerism. It suggests that the social strata and the division of labor of the feudal period continued into the modern era. The lords of the manor employed themselves in the economically
... Read more
The Euro Experiment

by Paul Wallace ...

How and why did the euro crisis happen? What are the implications for the economic and political future of Europe? The euro is an extraordinary political and economic experiment, the results of which are still highly uncertain. This book, written by a leading commentator on the economics of the European Union, provides a clear and analytical guide to the euro experiment and the subsequent crisis. ... Read more

$40.99 USD

How and why did the euro crisis happen? What are the implications for the economic and political future of Europe? The euro is an extraordinary political and economic experiment, the results of which are still highly uncertain. This book, written by a leading commentator on the economics of the European Union, provides a clear and analytical guide to the euro experiment and the subsequent crisis.
... Read more
Global Economic Meltdown

Long-Wave Economic Cycles - Myth or Reality

by Khafra K Om-Ra-Seti ...

This "Special Report" clarifies some of the issues of an impending world economic collapse and the emergence of the vast implementation phase of the Information Age Revolution. Long-Wave Economic Cycles helps us to understand the great transformation that our world will undergo during the 21st Century. The looming economic crisis confronting the world in 2013 and beyond is massive and has the ... Read more

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This "Special Report" clarifies some of the issues of an impending world economic collapse and the emergence of the vast implementation phase of the Information Age Revolution. Long-Wave Economic Cycles helps us to understand the great transformation that our world will undergo during the 21st Century. The looming economic crisis confronting the world in 2013 and beyond is massive and has the
... Read more
The Social Life of Money

by Nigel Dodd, Nigel Dodd ...

A reevaluation of what money is—and what it might beQuestions about the nature of money have gained a new urgency in the aftermath of the global financial crisis. Even as many people have less of it, there are more forms and systems of money, from local currencies and social lending to mobile money and Bitcoin. Yet our understanding of what money is—and what it might be—hasn't kept pace. In The ... Read more

$23.79 USD

A reevaluation of what money is—and what it might beQuestions about the nature of money have gained a new urgency in the aftermath of the global financial crisis. Even as many people have less of it, there are more forms and systems of money, from local currencies and social lending to mobile money and Bitcoin. Yet our understanding of what money is—and what it might be—hasn't kept pace. In The
... Read more
Inflation-Conscious Investments

Avoid the most common investment pitfalls

by 50minutes ...

Series series Management & Marketing
Understand inflation in no time! Find out everything you need to know about making informed investment choices with this practical and accessible guide.Inflation is an important consideration for anyone looking to make a smart investment, as it will affect the real value of the money involved and can also have a direct effect on interest rates. However, many investors fail to take it into account, ... Read more

$9.99 USD or Free with Kobo Plus

Also available as: Audiobook

Understand inflation in no time! Find out everything you need to know about making informed investment choices with this practical and accessible guide.Inflation is an important consideration for anyone looking to make a smart investment, as it will affect the real value of the money involved and can also have a direct effect on interest rates. However, many investors fail to take it into account,
... Read more

Also available as: Audiobook

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Macroeconomic Policy in Fragile States

Wage Moderation in Crises

When Should Public Debt Be Reduced?

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Stalled

Global Discontents

End of Money

Interest Rate Cycles: An Introduction

The Theory of the Leisure Class (Annotated)

The Euro Experiment

Global Economic Meltdown

The Social Life of Money

Inflation-Conscious Investments

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