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The thought-provoking book presents alternative viewpoints to mainstream macroeconomic theory, questions conventional … reflects the author's acknowledged command over the theory and practice of economic policies globally, and his decades of …New Consensus Macroeconomics(NCM): Theory -- NCM: Macroeconomic Policy Implications -- NCM : Implications for …
Persistent link: https://www.econbiz.de/10012396946
A fire sale of US debt could cause a global recession through disorderly devaluation of the dollar, raising interest rates and crashing stock markets. The G7 doctrine of shared responsibility intends to coordinate regional efforts. This book analyzes the main issues and individual regions,...
Persistent link: https://www.econbiz.de/10012053806
This book sheds light on the impact of the Great Recession from the perspective of both developing and developed countries. It traces the complex and multiple causes of the Great Recession, delineates the diversity in the macroeconomic and labour market consequences, and highlights the...
Persistent link: https://www.econbiz.de/10012053887
The reason for the depth the 2008's global depression lies in the intractability of modern economic systems. This has led to an emergence of unprecedented migratory patterns, the analysis and management of which is key to economic recovery.
Persistent link: https://www.econbiz.de/10012106367
This book explores key questions concerning the reasons for China’s economic miracle and the rise of BRICs. It develops the concept of the Comprehensive Advantages of Large Countries (CAOLCs) and reveals the formation mechanism of CAOLCs. By analyzing the rapid rise of BRICs and the large...
Persistent link: https://www.econbiz.de/10012397863
This book offers a comprehensive and insightful reflection on David Ricardo’s ingenious theory of international trade … theory through the eyes and experience of leading experts on international trade theory, taking into account the latest … research in the field. Lastly, Part III discusses critique and shortcomings of the existing trade theory and proposes future …
Persistent link: https://www.econbiz.de/10012398083
-traditional drivers of competitiveness in both theory and practice. First, chapters 1 through 4 present theoretical and methodological …
Persistent link: https://www.econbiz.de/10014017197
International tourism is expected to be a major vehicle of economic development in industrializing countries in the 21st century, especially for Asia. To generate long-term growth, countries with tourism-based economies must develop strategies for employing their comparative advantages to...
Persistent link: https://www.econbiz.de/10014014654
This study analyzes trade specialization patterns in the enlarged European Union with a special focus on the new EU member states and the cohesion countries. Empirical findings on revealed comparative advantage and a broader picture of competitiveness on the single market are presented from a...
Persistent link: https://www.econbiz.de/10013520596
This book outlines the process of China's trade reforms over the past two decades and assesses the impact of these reforms on the economy. The author provides a detailed quantitative analysis to trace China's evolving commodity pattern of trade and changing comparative advantage structure over...
Persistent link: https://www.econbiz.de/10012054301