Chapter 1. Introduction and Overview of the Fourth Edition -- Chapter 2. National Income Accounts -- Chapter 3. Budget Deficits, Trade Deficits and Global Capital Flows: The National Savings Identity -- Chapter 4. Aggregate Demand: Setting the Stage for Demand-Side Stabilization -- Chapter 5....

Chapter 1. Introduction -- Chapter 2. Trends in Growth since the GFC -- Chapter 3. Credit, Employment and the Current Account -- Chapter 4. Capital Formation and Foreign Investment -- Chapter 5. Inflation and Monetary Developments -- Chapter 6. Policy and Analyses Chapter -- 7. Reflexive, not...

A monetary union among autonomous countries cannot simultaneously maintain an independent monetary policy, national fiscal sovereignty and a no-bailout clause. These three features make up an impossible trinity, and attempts to preserve all three concurrently will ultimately end in failure. In...

Chapter 1. Introduction -- Chapter 2. Are Current Policies on Track to Eliminate Poverty? -- Chapter 3. How Mainstream Economics Works -- Chapter 4. Basic Principles to Understand Macroeconomics -- Chapter 5. Markets Alone Make No Development -- Chapter 6. Developing Countries in Global...

1. Introduction -- Part I. The “Party Period” Before the Crisis -- 2. The Costs and Benefits for Joining a Common Currency with Emphasis on Weaker Member States: The Pre-crisis Debate -- 3. Greece Before the Crisis: The Critical Years in Domestic Politics -- 4. IMF and EU Reports on Greece...

1. Financial Integration, Bank Competition and Intra-Eurozone Foreign Direct Investment -- 2. Export Margins, Employment Skills and Financial Conditions: Stylized Facts from Greek Exporters -- 3. Why a revival of Greek manufacturing is a prerequisite to ensure a prosperous future for the country...

Inter-State Inequalities - Scope and Limits of Public Policy -- Macroeconomic Foundation of Functioning of the IMF: An Evolutionary Journey -- Indian Official Statistical System -- A Note on Unemployment and its Measurement in India -- Addressing Visible Inequalities: The Minimum Policy Agenda...

'Enrico Marelli and Marcello Signorelli provide an excellent analysis of the causes of the Eurozone crisis and of the strategies that we will have to follow to ensure the survival of the Euro.' - Paul De Grauwe, Professor of European Political Economy, London School of Economics, UK 'After...

This book discusses Japan’s long-term economic recession and provides remedies for that recession that are useful for other Asian economies. The book addresses why Japan’s economy has stagnated since the bursting of its economic bubble in the 1990s. Its empirical analysis challenges the...