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Description
With high growth rates in Asia, most notably in China, India, and Southeast and Central Asia, Eurasia's economic centre of gravity is rapidly shifting to the East. At the same time, most of Europe faces serious barriers to growth in the long term. This volume examines the causes and consequences of this major shift in economic power.
Description
"This new book, based on an Institute conference in October 2007, takes stock of exchange rate policy in China and identifies the major policy options going forward. Specific proposals presented in the volume address how best to eliminate any misalignment of the renminbi; how best to reduce pressures emanating from the sterilization of large reserve accumulation; how best to make capital flows the ally - not the enemy - of exchange rate policy; and...
Author
Description
Everybody talks about the economy; everybody has complaints or recommendations. Few know what they're talking about. So asserts Robert Eisner - one of our nation's most distinguished economists - in this authoritative analysis of the real and imagined ills of the U.S. economy.
In clear, accessible language, The Misunderstood Economy confronts an array of myths surrounding economic issues. Eisner begins by challenging many of the standards traditionally...
Author
Description
Macroeconomic Policy and the Future of Capitalism addresses the revolution in macroeconomic policy of the last quarter of the 20th century and the movement away from concerns with employment and growth in favour of financial variables such as inflation or exchange rates. John Smithin argues that this 'financial reaction' in macroeconomic policy is the result of a distinct shift in political power in favour of financial or 'rentier' interests, and...
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