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The Other Half of Macroeconomics and the Fate of Globalization

by Richard C. Koo
Compare to estimated retail price: S$53.82  

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The Other Half of Macroeconomics and the Fate of Globalization
The Other Half of Macroeconomics and the Fate of Globalization

Challenges mainstream economics, promotes policy reform.

If you've been questioning why traditional economic theories often miss the mark in today's global landscape, Richard C. Koo's work could nudge your understanding forward. He doesn't just critique; he proposes tangible reforms that aim to address the stagnation and inequality plaguing advanced economies. It’s an insightful read, especially if you're interested in the ways economic policy can evolve to meet the complexities of globalization.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

The Other Half of Macroeconomics and the Fate of Globalization

by Richard C. Koo
Compare to estimated retail price: S$53.82  

The item you've got your eye on is secondhand. You probably already know that, but just in case!

The estimated retail price shown next to any listed item represents the first-hand prices we've seen elsewhere, or the estimated original retail price of a comparable item of the same quality, construction and material offered elsewhere in new condition.

Condition guide

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ISBN: 9781119482154
Authors: Richard C. Koo
Publisher: Wiley
Date of Publication: 2018-04-09
Format: Hardcover
Related Collections: Economics
Related Topics: Finance
Goodreads rating: 4.31
(rated by 78 readers)

Description

Get a new perspective from the ‘other half’ of macroeconomics. The failure of the vast majority of economists in government, academia, and the private sector to predict either the post-2008 Great Recession or the degree of its severity has raised serious credibility issues for the profession. The repeated failures of central banks and other policymakers in all advanced countries to meet their inflation or growth targets in spite of astronomical monetary easing have left the public rightfully suspicious of the establishment and its economists. The Other Half of Macroeconomics and the Fate of Globalization elucidates what was missing in economics all along and what changes are needed to make the profession relevant to the economic challenges of today. Once the other half of macroeconomics is understood both as a post-bubble phenomenon and as a phase of post-industrial economies, it should be possible for policymakers to devise appropriate measures to overcome difficulties advanced countries are facing today such as stagnation and income inequality. Shows how it’s possible to devise appropriate policy responses to slow wage and productivity growth in these economies. Demonstrates that the effectiveness of monetary and fiscal policy changes as an economy undergoes different stages of development. Argues that tax rules, regulations, and even the educational system must be revised to match the needs of pursued (by emerging nations) countries. Explains the 200-year process of economic development and where that process is taking all of us.
 

Challenges mainstream economics, promotes policy reform.

If you've been questioning why traditional economic theories often miss the mark in today's global landscape, Richard C. Koo's work could nudge your understanding forward. He doesn't just critique; he proposes tangible reforms that aim to address the stagnation and inequality plaguing advanced economies. It’s an insightful read, especially if you're interested in the ways economic policy can evolve to meet the complexities of globalization.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.