With a combined population larger than that of the EU or NAFTA, economic integration of the ASEAN states will have a massive impact on both the Asian and global economies.
This book represents the second of three volumes offering a complete reinterpretation and restructuring of Keynesian macroeconomics and a detailed investigation of the disequilibrium adjustment processes characterizing the financial, the goods and the labour markets and their interaction.
The Theory of Money and Finance, by the same author, provided an introduction to the basic theory and concluded by introducing the idea of monetary disequilibrium, with the money supply process operating through bank credit creation.
"e;This book provides an accessible, yet formal framework to understand how housing bubbles arise, their international dimension, their consequences, and ways to prevent them.
This enlightening book offers a comprehensive historical analysis of the main development challenges of the last half century and the international community's response through aid and trade.
Two leading economists reveal why today's personal finance markets are rigged against us and offer practical steps to fix themWe interact with the financial system every day, whether taking out or paying off loans, making insurance claims, or simply depositing money into our bank accounts.
As we enter the early 1990s, the second phase of global deregulation gains momentum and cross-border activity in the securities markets has never been greater.
During the twentieth century, foreign-exchange intervention was sometimes used in an attempt to solve the fundamental trilemma of international finance, which holds that countries cannot simultaneously pursue independent monetary policies, stabilize their exchange rates, and benefit from free cross-border financial flows.
This book explores the end of the era of low inflation and stable price increases, known as "e;The Great Moderation"e;, and the impact this will have on monetary policy.
Urban Economy: Real Estate Economics and Public Policy analyses urban economic change and public policy in a more practical way than a typical urban economics book.
This volume develops original methods of analyzing biased technological progress in the theory and empirics of economic growth and income distribution.
This innovative text offers an introduction to money, banking, and financial markets, with a special emphasis on the importance of confidence and trust in the macroeconomic system.
Since the mid-1990s, sustainability of large and persistent current account positions have been attracting much attention from policy makers and economists alike.
This interdisciplinary book argues that the economy has an underlying non-linear structure and that business cycles are endogenous, which allows a greater explanatory power with respect to the traditional assumption that dynamics are stochastic and shocks are exogenous.
Rapid and sustained growth in the twenty-first-century global economy of large developing economies including Brazil, Russia, India, China, and South Africa, has captivated policy-makers and popular business press pundits alike.
This report is a partial result of the China's Quarterly Macroeconomic Model (CQMM), a project developed and maintained by the Center for Macroeconomic Research (CMR) at Xiamen University.
This book bridges the gap between Islamic and conventional (micro)economics by demonstrating how modern tools and theories of microeconomics can be applied to Islamic assumptions regarding economics and finance.
This sequel to the author's earlier well-received Euro On Trial, shows how European Monetary Union became a main engine of the global credit bubble and puts forward a set of remedies which would reduce the danger of further economic debacle emanating from serious flaws in the present policy-making framework of the European Central Bank.
This book challenges the conventional view that monetarism is a necessary part of classical economics and shows, in an historical account of monetary controversy, that the framework upon which classical analysis is based suggests an alternative account of the inflationary process.
This book reconstructs the theoretical framework of economics by examining the concept of trading, the trading network, and the evolution of a trading system, tied together by the notion of "e;bounded rationality.
Now in its fourth edition, Economics: The Basics continues to provide an engaging and topical introduction to the key issues in contemporary economics.
An accessible and engaging introduction to the big picture of UK and international economics Are you studying macroeconomics, but don't know inflation from stagflation?
Providing a unique perspective on economic history and policy, this book shows how a daring method once recommended by top economists could be adapted to help America pay for the things it needs.