Macroeconomics

This book takes a broad perspective to challenge orthodox views about the role of Euroland in the world economy, providing a comprehensive framework to address important questions for the future of the Euro, including the key question: will the single currency contribute to world economic dynamism or be driven by the vigour and vitality of others?

European banking is now changing at an unprecedented rate; competition and efficiency are now dominant banking concerns.

This book provides a succinct account of what may happen to the energy sector in the former Soviet Union in the medium- to long-run under alternative scenarios for macroeconomic reform.

In 1990, after almost 17 years of military rule, Chile became the only Latin American country where a democratic regime coexists with free market policies which actually work.

The objective of this book is to study the economy as a complex system and to show that the presence of self-reinforcing mechanisms in very different economic problems gives rise to common regularities and common qualitative properties.

This book provides a comparative picture of the restructuring experiences of five Asian economies: South Korea, Singapore, Indonesia, Thailand and India.

'For amateurs and professionals alike wishing to deepen their understanding of the often mysterious and counter-intuitive fluctuations in asset prices, this book provides essential reading.

Do high rates of economic growth create conditions favourable to their own maintenance?

To explain the pronounced instability of the world economy since the 1970s, the book offers an important and systematic theoretical examination of money and finance.

`For years Jon Woronoff has been telling us that far from having devised some miraculous solution to the problems of capitalism, Japan remains vulnerable to crisis.

This book considers the implications for the dynamics of the exchange rate and private financial wealth.

The Marxist theory of capitalist growth and transformation has often been shrouded in obscurity, either by endless recapitulation of Marx's texts or by excessive use of mathematical formalism.

Economics for a Civilized Society incorporates both self-interest and civic value motivations to provide an understanding of how our economic system works and how we can develop economic policies that assures a prosperous and civil society.

The European Union's weakest economy is in crisis.

Financial analysis, modellng, simulation and knowledge engineering have become essential to the survival of every enterprise.

This book reviews the paradigm which has come to be known as post-Keynesian economics, concentrating on the main issues that form the heart of this paradigm: money and finance; conflict in wage and price settings; the degree of monopoly and pricing in an open economy; divergence rather than convergence in the European Union; financial and economic development; economic policy and methodological issues.

This book provides a comprehensive understanding of Germany's economic performance at the turn of the twenty-first century.

This book provides a thorough knowledge of the nature of the convergence criteria which states must meet in order to qualify for accession to the future Economic and Monetary Union of Europe and comprehensive coverage of both the economic and political rationale of the criteria within the framework of an international political economy approach.

The most successful economies have the best working financial markets.

This book provides an important and original statement of Post Keynesian macroeconomic theory, focusing on the significance of privately created inside debts and income distribution for the determination of economic activity.

Japan experienced a remarkable growth in international finance, through a series of liberalization measures in the 1980s.

This book describes the adoption, growth and subsequent relinquishment of industrial subsidies in the UK, tracing their development back to the early years of this century and following their extension through to virtually every area of economic policy.

The postcommunist transitions to a market economy raised doubts about the political sustainability of an economic reform under democracy.

Economic and Monetary Union (EMU) will have far-reaching consequences for participating nations.

This book presents the most significant theoretical articles by Bertram Schefold to illuminate the development and the present state of modern classical theory.

As financial markets are liberalized, bank management and bank regulators and supervisors are faced with new and complex challenges.

John Grieve Smith traces the origins of postwar full employment policies in the experience of the interwar years and the work of Keynes and Beveridge.

This volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour market and the social benefit system.

There has been relatively little work applying the conflict inflation approach in different theoretical and historical settings.

This volume analyzes the economic achievements of China since the opening in 1979, and the measures taken by the government to spur international trade, investment and technology transfer.

This is a comprehensive state-of-the-art survey which analyzes institutions, policies and issues of central banking in developing countries including interest-free Islamic and transition economies.

`Miwa is one of the leading young Japanese scholars debunking the myths - all too common in the west but eagerly promoted in Japan also - about the distinctive Japanese way.

'Japan as - anything but - Number One should be everybody's number two book to read about Japan.

Less than fifty years after the publication of Marshall's Principles Cambridge once again set economics on a new path with the publication of Keynes's General Theory.

The reforms initiated in 1991 have transformed India's economy and capital market.

The book provides an introduction to major topics in macroeconomic theory and offers the readers three tools for comparing different models:a mathematical reformulation of Say's Law, the use of income velocity of circulation of money as a behavioural function in accordance with the Friedman tradition and the use of the Phillips curve to represent the labour market.

An exploration of the implications of mineral-led wealth and the opportunities that this creates for economic and social development.

Post-colonial Africa is littered with regional trade agreements that amounted to little more than a photo opportunity for the leaders that signed them.

`A pioneering and valuable study linking finance to innovative activity: not only is the theoretical framework sound, thought-provoking and creative, but amply supported through systematic empirical testing.

The book investigates British, French and EU-wide responses to the Single Financial Market initiative.

There has been a widespread move toward more market-oriented policies and institutions across the developing and former socialist countries.

Unemployment is growing.

Until recently, central bank independence was confined to just two major capitalist countries: the USA and Germany.

Discussions of macroeconomic policy often focus on changes in the budget deficit.

This book examines how China's decentralization process has affected and will affect the country's macroeconomic performance and the functioning of the market.

The purpose of this book is to set out in a comprehensive, but succinct manner, the key points surrounding four economic issues that generate, today, much discussion and debate.

Since the early seventies, following the pioneering work by Leo Hurwicz, economists have been studying the relationship between socially optimal goals and private self-interest.

This book examines the role and function of the state in contemporary economics from a number of diverse economic perspectives, including Austrian, feminist, institutionalist, Marxian, radical and Post Keynesian.

Convergence, Cohesion and Integration in the European Union tackles the fundamental theoretical and empirical issues underlying the process of European integration.

This book provides a non-mathematical introduction to the macroeconomic analysis of both the open economy and the world economy.