Money and Finance in Economic Growth and Development


Book Description

Textbook tracing the role of the monetary system and financial system in economic growth and development - covers financial policy in developing countries, the cost of inflation and approaches to deflation, the effects of economic integration and the international monetary system on local finance and monetary policy, and includes perspectives for coordination within the EC. References.







The Money Interest and the Public Interest


Book Description

Perry Mehrling tells a story of continuity around the crucial question of the role of money in American democracy through the ideas and lives of three prominent institutionalists--Allyn Young, Alvin Hansen, and Edward Shaw.




The Domestic Financial Market and the Trade Liberalization Outcome


Book Description

The main finding of the study is the domestic financial market plays a very significant role in the success or failure of trade liberalization. This was found to be the case in Sri Lanka during 1977-87.




Collected Papers on Monetary Theory


Book Description

Robert Lucas is one of the outstanding monetary theorists of the past hundred years. Along with Knut Wicksell, Irving Fisher, John Maynard Keynes, James Tobin, and Milton Friedman (his teacher), Lucas revolutionized our understanding of how money interacts with the real economy of production, consumption, and exchange. Lucas’s contributions are both methodological and substantive. Methodologically, he developed dynamic, stochastic, general equilibrium models to analyze economic decision-makers operating through time in a complex, probabilistic environment. Substantively, he incorporated the quantity theory of money into these models and derived its implications for money growth, inflation, and interest rates in the long run. He also showed the different effects of anticipated and unanticipated changes in the stock of money on economic fluctuations, and helped to demonstrate that there was not a long-run trade-off between unemployment and inflation (the Phillips curve) that policy-makers could exploit. The twenty-one papers collected in this volume fall primarily into three categories: core monetary theory and public finance, asset pricing, and the real effects of monetary instability. Published between 1972 and 2007, they will inspire students and researchers who want to study the work of a master of economic modeling and to advance economics as a pure and applied science.




Fifty Key Thinkers on Development


Book Description

The essential guide to the world’s most influential development thinkers, this authoritative text presents a unique guide to the lives and ideas of leading contributors to the contested terrain of development studies. Reflecting the diverse, interdisciplinary nature of the area, the book includes entries on: * modernisers like Hirshman, Kindleberger and Rostow * dependencistas such as Frank, Cardoso and Amin * progressives like Prebisch, Helleiner and Streeten * political leaders enunciating radical alternative visions of development, such as Mao, Nkrumah and Nyerere * progenitors of religiously or spiritually inspired development, such as Gandhi and Ariyaratne * development-environment thinkers like Blaikie, Brookfield and Shiva. This is a fascinating and readable introduction to the major figures that have shaped the field, ideal for anyone studying or working in the area.




Economic Laws and Economic History


Book Description

In this volume, Charles Kindleberger makes a powerful case against the idea that any one model could be used to unlock the basic secret of economic history. It is essentially an exercise in methodology, addressed to economists and economic historians alike. He argues that too many economists discover a relationship or a uniformity in economic behaviour, develop a model, and use it to explain more than it is capable of, including, on occasion, all economic behaviour. These lectures discuss four 'laws' in economics to show how uniformities can illuminate economic history in particular aspects. They illustrate the view that the economist or economic historian seeking to test analysis against historical data should have a variety of different models, and not just one. The implication is that however scientific and technical the tools, choosing them carefully to fit particular circumstances is itself an art.




Structuralism and Individualism in Economic Analysis


Book Description

This book argues that the debates about the appropriate economic policies to follow in the developing world within the field of development economics are at heart debates about the appropriate ontology to ascribe to agents within the developing world.




Emergent Economies, Divergent Paths


Book Description

This book, first published in 2006, offers an explanation of the development paths of post-World War II Korea and Taiwan.




Key Thinkers on Development


Book Description

Since its publication in 2006 as Fifty Key Thinkers on Development, this invaluable reference has established itself as the leading biographical handbook in its field, providing a concise and accessible introduction to the lives and key contributions of development thinkers from across the ideological and disciplinary spectrum. This substantially expanded and fully updated second edition in the relaunched series without the numerical constraint includes an additional 24 essays, filling in many gaps in the original selection, greatly improving the gender balance and diversifying coverage to reflect the evolving landscape of development in theory, policy and practice. It presents a unique guide to the lives, ideas and practices of leading contributors to the contested terrain of development studies and development policy and practice. Its thoughtful essays reflect the diversity of development in theory, policy and practice across time, space, disciplines and communities of practice. Accordingly, it challenges Western-centrism, Orientalism and the like, while also demonstrating the enduring appeal of "development" in different guises. David Simon has assembled a highly authoritative team of contributors from different backgrounds, regional settings and disciplines to reflect on the lives and contributions of leading authorities on development from around the world. These include: Modernisers like Kindleberger, Perroux and Rostow Dependencistas such as Frank, Furtado, Cardoso and Amin Progressives and critical modernists like Hirschman, Prebisch, Helleiner Sen, Streeten and Wang Political leaders enunciating radical alternative visions of development, such as Mao, Nkrumah and Nyerere Progenitors of religiously or spiritually inspired development, such as Gandhi, Ariyaratne and Vivekananda Development–environment thinkers like Agarwal, Blaikie, Brookfield, Ostrom and Sachs International institution builders like Singer, Hammarsköld, Kaul and Ul Haq Anti- and post-development thinkers and activists like Escobar, Ghosh, Quijano and Roy Key Thinkers on Development is therefore the essential handbook on the world’s most influential development thinkers and an invaluable guide for students of development and sustainability, policy-makers and practitioners seeking an accessible overview of this diverse field and its leading voices.