`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.
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.
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 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.
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.
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.
This book presents the most significant theoretical articles by Bertram Schefold to illuminate the development and the present state of modern classical theory.
This volume challenges the view that unemployment is exclusively determined by structural characteristics of the labour market and the social benefit system.
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.
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 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.
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.
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.
Hardie investigates the link between the financialization - defined as the ability to trade risk - and the capacity of emerging market governments to borrow from private markets.
Euro Crash diagnoses the three fatal design flaws in EMU as constructed by the Maastricht Treaty and analyses future likely monetary scenarios for Europe, demonstrating how the best of these would be the creation of a new narrow monetary union between France and Germany founded on strict monetarist principle and without a European Central Bank.
A collection of papers from leading thinkers to celebrate the work of the late Wynne Godley, and his enormous contribution to the field of monetary economics.
This anthology aims to explain why some Nordic shipping companies became world leaders while others failed to respond effectively to the challenges and opportunities of globalization.
Personal consumption accounts for two thirds of GDP, yet recent economic events have emphasised our limited ability to translate consumption patterns into policy.
Sustainability Analysis provides a detailed exploration of current environmental thinking from a variety of perspectives, including institutional and psychological angles.
This volume highlights the importance of interactive, practice-based learning as a means to promote more thorough innovation dynamics in regional and national economies.