Nobel Prize winner James Tobin has made outstanding contributions to modern macroeconomics. In this final collection of his work he examines the economic policies of the United States and its relations with other major economies after 1990. In James Tobin's view, the welfare of populations...

The contributors to this book, from the US and Japan, explore the main issues involved in the international trade, foreign direct investment, and macro/financial relations of the United States and Japan and provide guidance to policymakers for measures to help overcome Japan's economic...

Contents: Preface -- PART I A historic transformation: heterogeneity in CESEE in a changing global context -- 1 Looking back on 30 years of transition - and looking 30 years ahead / Robert Holzmann -- 2 1989: the year of the great ambivalence / Anton Pelinka -- 3 The price of unity: the...

1. Introduction to development in China, India and Japan -- 2. Development theory -- 3. An Asian leader : Japan's development trajectory -- 4. The waking giant : China's development trajectory -- 5. Gradual growth : India's development trajectory -- 6. Poverty and inequality in China, India and...

Money, distribution and economic policy takes issue with the inappropriate treatment of money, effective demand and distribution issues in modern mainstream macroeconomics. It presents contributions which are critical of modern orthodoxy and which explore alternative approaches to macroeconomics...

Introduction : the attributes of the crisis / David Bailey, Dan Coffey, Philip R. Tomlinson -- The workings of the Japanese economy / Donald W. Katzner -- The cause of Japan's recession and the lessons for the world / Richard A. Werner -- Transnational monopoly capitalism, the J-mode firm and...

China in the Global Economy focuses on the theme of twin transitions occurring in the Chinese economy: the transition from a centrally planned economic system to a market oriented one, and from an agrarian to a modern industrialised society. China's exporters face unprecedented competition in...

Providing an integrated analysis of the event and its consequences, the chapters in the book consider the causes of the crisis, the response of the US government and International Monetary Fund, adjustments in the Korean monetary and fiscal policies, and the success of financial and corporate...

This book, written by an international team of economists, develops concrete, country specific alternatives to inflation targeting, the dominant policy framework of central bank policy that focuses on keeping inflation in the low single digits to the virtual exclusion of other key goals such as...

This book studies the impact of Egypt's Economic Reform and Structural Adjustment Programme (ERSAP), the effects of which have been of great interest to the international community. Organizations such as the World Bank and the IMF uphold the programme as a success story and example for other...