Essays on Economic Stability and Growth
Author : Nicholas Kaldor
Publisher : New York : Holmes & Meier Publishers
Page : 328 pages
File Size : 15,57 MB
Release : 1980
Category : Business & Economics
ISBN :
Author : Nicholas Kaldor
Publisher : New York : Holmes & Meier Publishers
Page : 328 pages
File Size : 15,57 MB
Release : 1980
Category : Business & Economics
ISBN :
Author : Nicholas Kaldor
Publisher :
Page : 302 pages
File Size : 34,39 MB
Release : 1960
Category :
ISBN :
Author : Káldor Miklós
Publisher :
Page : 302 pages
File Size : 29,15 MB
Release : 1963
Category :
ISBN :
Author : Nicholas Kaldor
Publisher :
Page : pages
File Size : 23,72 MB
Release : 1964
Category :
ISBN : 9780841912342
Author : Eli Ginzberg
Publisher : Routledge
Page : 263 pages
File Size : 19,35 MB
Release : 2017-07-12
Category : Business & Economics
ISBN : 1351481029
In one of the foremost critiques of the widespread view that in market-based economics the fluctuations of the marketplace are essentially self-regulating, Eli Ginzberg argues the reverse. He asserts that government regulation or intervention to provide stability in the capitalist marketplace is a necessity. In this classic statement of macroeconomic theory, Ginzberg argues that self-directed stable economies, devoid of an appreciation of social and psychological factors, are essentially illusory. The ability of strong blocs--corporate, labor, and agricultural--to control the market in the hope of bettering their economic position places great difficulties in the path of securing a stable economy. For Ginzberg, economic fluctuations in the decade preceding the Great Depression can largely be explained by the interaction of technological, psychological, and monetary factors. Without these factors being subjected to some sort of control, economic stability must remain an illusion. The current period of a significant fall-off in earnings, profits, and full employment also followed a decade of unparalleled monetary growth. The concerns Ginzberg raised are relevant once again. It may turn out that the "neoliberalism" of the present has something to say in response to the free market/free society premises currently in vogue. In a brilliant introductory essay, Nobel Laureate Robert M. Solow offers an impressive report card on The Illusion of Economic Stability: "The prose is tighter and more aphoristic than late Ginzberg, and the tone is more detached, even sardonic." He concludes by admitting that a volatile stock market is one more reason why automatic economic stability seems as illusory today as it did when the book first appeared.
Author : Gene Sperling
Publisher : Penguin
Page : 385 pages
File Size : 15,72 MB
Release : 2021-10-12
Category : Political Science
ISBN : 1984879898
“Timely and important . . . It should be our North Star for the recovery and beyond.” —Hillary Clinton “Sperling makes a forceful case that only by speaking to matters of the spirit can liberals root their belief in economic justice in people’s deepest aspirations—in their sense of purpose and self-worth.” —The New York Times When Gene Sperling was in charge of coordinating economic policy in the Obama White House, he found himself surprised when serious people in Washington told him that the Obama focus on health care was a distraction because it was “not focused on the economy.” How, he asked, was the fear felt by millions of Americans of being one serious illness away from financial ruin not considered an economic issue? Too often, Sperling found that we measured economic success by metrics like GDP instead of whether the economy was succeeding in lifting up the sense of meaning, purpose, fulfillment, and security of people. In Economic Dignity, Sperling frames the way forward in a time of wrenching change and offers a vision of an economy whose guiding light is the promotion of dignity for all Americans.
Author : Mr.Ari Aisen
Publisher : International Monetary Fund
Page : 30 pages
File Size : 45,95 MB
Release : 2011-01-01
Category : Business & Economics
ISBN : 1455211907
The purpose of this paper is to empirically determine the effects of political instability on economic growth. Using the system-GMM estimator for linear dynamic panel data models on a sample covering up to 169 countries, and 5-year periods from 1960 to 2004, we find that higher degrees of political instability are associated with lower growth rates of GDP per capita. Regarding the channels of transmission, we find that political instability adversely affects growth by lowering the rates of productivity growth and, to a smaller degree, physical and human capital accumulation. Finally, economic freedom and ethnic homogeneity are beneficial to growth, while democracy may have a small negative effect.
Author : Silvio Borner
Publisher : Springer
Page : 403 pages
File Size : 42,28 MB
Release : 1998-04-12
Category : Political Science
ISBN : 1349262846
The state and its institutions are crucial for economic development: for better and for worse. This insight informs this important, up-to-date and authoritative survey of new trends in growth economics and the widely divergent economic performance of developing countries - for example, between Latin America and South-east Asia - which seemed to be similarly placed just a generation ago. The decisive role of the political dimension in economic growth seems clear but there are many challenges to be met in getting an analytical handle on the precise determinants and in testing empirically for this. This is the challenge taken up by the international team of contributors.
Author : Michael D. Bordo
Publisher : University of Chicago Press
Page : 545 pages
File Size : 17,86 MB
Release : 2013-06-28
Category : Business & Economics
ISBN : 0226066959
Controlling inflation is among the most important objectives of economic policy. By maintaining price stability, policy makers are able to reduce uncertainty, improve price-monitoring mechanisms, and facilitate more efficient planning and allocation of resources, thereby raising productivity. This volume focuses on understanding the causes of the Great Inflation of the 1970s and ’80s, which saw rising inflation in many nations, and which propelled interest rates across the developing world into the double digits. In the decades since, the immediate cause of the period’s rise in inflation has been the subject of considerable debate. Among the areas of contention are the role of monetary policy in driving inflation and the implications this had both for policy design and for evaluating the performance of those who set the policy. Here, contributors map monetary policy from the 1960s to the present, shedding light on the ways in which the lessons of the Great Inflation were absorbed and applied to today’s global and increasingly complex economic environment.
Author : Nicholas Kaldor
Publisher :
Page : 320 pages
File Size : 13,70 MB
Release : 1960
Category :
ISBN :