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Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...
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development policy, which still continues unabated, through the work of the IMF and the World Bank. The latter two institutions …
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hotly debated issues in today's world. The significance of globalization and its effects on welfare states is discussed and …
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The financial crisis that hit a number of 'miracle' economies of Asia in 1997 shocked the world. Financial … financial liberalization in a world of increasing financial liquidity and volatility, and calls for a more cautious approach to …
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. This definitive volume outlines the two great debates currently shaping the analysis of advanced capitalism. It makes the …
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