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Phelps explores what makes nations prosper--and why the sources of that prosperity are under threat today. Why did prosperity explode in some nations between the 1820s and 1960s, creating not just unprecedented material wealth but "flourishing"--Meaningful work, self-expression, and personal growth for more people than ever before?
"In this book, Nobel Prize-winning economist Edmund Phelps draws on a lifetime of thinking to make a sweeping new argument...
Author
Description
An introduction to the theory and practice of macroeconomics that illustrates through current and historical examples how fiscal and monetary policy set the ground rules for global economy and why and how the rules keep changing.
Presenting macroeconomic concepts, this book introduces tools for interpreting the big-picture economic developments that shape events in the contemporary business arena. It includes examples which are drawn from history...
Author
Description
"The world's attention to the countries of the Middle East and North Africa (MENA) region has often been dominated by headline issues: conflict, sanctions, political turmoil, and rising oil prices. Breaking the Barriers reflects the collected thinking of the World Bank's Office of the Chief Economist for the MENA Region on the long-term development challenges facing the region and the reform priorities and strategies for effectively meeting these...
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