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Books > Business & Economics > Economics > Macroeconomics

Money, Interest Rates and Inflation (Hardcover): Frederic S Mishkin Money, Interest Rates and Inflation (Hardcover)
Frederic S Mishkin
R2,316 Discovery Miles 23 160 Shipped within 7 - 12 working days

Frederic Mishkin's work has been dedicated to understanding the relationship between money, interest rates and inflation, an integral part of the monetary transmission process. The 15 essays in this collection - unabashedly empirical and rigorous - include much of Professor Mishkin's most frequently cited work. Money, Interest Rates and Inflation offers a coherent and informative assessment of how monetary policy affects the economy. In addition, the essays in this collection illustrate how rational expectations econometrics can be used in empirical research on a broad range of topics and issues. The introductory essay provides an overview of Professor Mishkin's work and the unifying themes which have influenced his thought. The book will be of interest to researchers and graduate students in the areas of econometrics, finance and monetary-macroeconomics.

The INTERNATIONAL POLITICAL ECONOMY OF MONETARY RELATIONS (Hardcover): Benjamin J Cohen The INTERNATIONAL POLITICAL ECONOMY OF MONETARY RELATIONS (Hardcover)
Benjamin J Cohen
R6,143 Discovery Miles 61 430 Shipped within 7 - 12 working days

This key reference collection focuses on the international monetary system. It includes seminal contributions on issues such as exchange rate systems, recycling, adjustment mechanisms, debtor-creditor relations, international monetary policy coordination and seigniorage. While focusing on the international system it includes important work on domestic policy making that affects this system.

Organization and Technology in Capitalist Development (Hardcover, illustrated edition): William Lazonick Organization and Technology in Capitalist Development (Hardcover, illustrated edition)
William Lazonick
R2,538 Discovery Miles 25 380 Shipped within 7 - 12 working days

For more than 20 years, William Lazonick has been one of the world's leading analysts of the dynamics of industrial development and change in international economic leadership. This impressive volume presents a coherent selection of Professor Lazonick's most important work on industrial development in Britain and the United States. The first part of the book contains articles on the decline of the British economy, including a recent summary of the debates on the British cotton textile industry and international competition. The second part focuses on labour, management and technology in the rise and recent decline of the US economy, and includes an up-to-date summary essay on organizational capabilities in American industry. Professor Lazonick's essays make historical analysis relevant to the present and put economic analysis back in touch with evolving reality. This approach, together with his unique combination of historical, statistical and theoretical methodologies, will ensure that this volume proves invaluable to economists and historians alike.

The Employment Impact of China's WTO Accession (Hardcover, annotated edition): A.S. Bhalla, Shufang Qiu The Employment Impact of China's WTO Accession (Hardcover, annotated edition)
A.S. Bhalla, Shufang Qiu
R2,440 Discovery Miles 24 400 Shipped within 7 - 12 working days


Contents:
1. The Road to WTO Membership
2. Trade Liberalization, Competition and Employment
3. The Employment Impact of China's Accession
4. Agriculture
5. Industry
6. Services
7. China and the 'Flying-Geese' Theory
8. China's Possible Response to Global Competition

Protectionism in the World Economy (Hardcover): Forrest H. Capie Protectionism in the World Economy (Hardcover)
Forrest H. Capie
R5,312 Discovery Miles 53 120 Shipped within 7 - 12 working days

Protectionism has been an enduring feature in the world economy even though economic theory can prove that free trade is a superior regime. Protectionism is, of course, caused primarily by interest groups who lose out under free trade and are able to organize to protect their interests. This major reference collection brings together some different theoretical approaches to the issue of commercial policy and how it is constructed. It also illuminates some of the complexities behind alternating phases of comparatively free trade and protectionism in the world economy over the last two centuries. Individual country studies bring out some variety in the experience, both in the origins of protectionist policies and of their impact. The conclusions add up to a considerable indictment of protectionism.

The NEW CLASSICAL MACROECONOMICS (Hardcover): Kevin D. Hoover The NEW CLASSICAL MACROECONOMICS (Hardcover)
Kevin D. Hoover
R16,710 Discovery Miles 167 100 Shipped within 7 - 12 working days

Over the past two decades the new classical macroeconomics has become the single most coherent school of macroeconomic thought. Always controversial, it has nonetheless captured centre-stage, and has become the standard by which competing schools of thought are judged. These volumes contain the most important and influential articles of the new classical school, as well as some important articles critical of new classical thinking. The volumes are arranged thematically, beginning with the rational expectations hypothesis and the application of general equilibrium to labour markets, and continuing with various new classical arguments for the ineffectiveness of government policy. The core of the volumes is Lucas's famous critique of econometric policy evaluation and responses to it in the areas of econometric technique, monetary theory and business-cycle theory. The final section covers the rapidly developing area of models of growth with increasing returns.

Financial Crises (Hardcover): Michael Bordo Financial Crises (Hardcover)
Michael Bordo
R7,118 Discovery Miles 71 180 Shipped within 7 - 12 working days

This major reference collection presents in an accessible form the key articles and papers on the theory and history of financial crises. It includes both classic and contemporary writings on domestic financial crises, the transmission of crises between countries and the resolution of crises by both private and government authorities acting as lender of last resort. The book is divided into five sections. Section I on theories of financial crises presents two rival approaches to financial crises; the monetarist approach and the Fisher-Kindleberger-Minsky approach. It also includes recent Rational Expectations approaches. Section II contains readings on financial crises in US history while Section III presents case studies for other countries. Section IV contains readings on the international transmission of financial crises. Section V concludes with a number of articles on the resolution of financial crises. Financial crises have been a topic of perennial interest - perhaps as old as economic science. This landmark book makes a singular contribution by presenting the most significant literature on this important topic in an accessible form.

Current Controversies in Macroeconomics (Paperback): Howard R Vane, John L. Thompson Current Controversies in Macroeconomics (Paperback)
Howard R Vane, John L. Thompson
R641 Discovery Miles 6 410 Shipped within 7 - 12 working days

This book provides a concise yet rigorous discussion of the main issues in modern macroeconomics. In particular, it examines the controversy over the role and conduct of macroeconomic stabilization policy. While the book is written in such a way as to allow students to read individual chapters in isolation, according to their interests and needs, the book follows a structured direction. After providing a review of mainstream macro-models and the chief areas of controversy between Keynesian, Monetarist and New Classical approaches to stabilization policy, subsequent chapters focus on selected key controversies: the balance of payments and exchange rates; inflation and unemployment; money and economic activity; fiscal policy and aggregate demand; and business cycles. The approach adopted by the authors make this book highly responsive to teaching and student needs. This authoritative state-of-the-art survey of modern macroeconomics will be essential reading for intermediate level courses in macroeconomics.

Combating Corruption in India (Hardcover): Arvind Verma, Ramesh Sharma Combating Corruption in India (Hardcover)
Arvind Verma, Ramesh Sharma
R1,891 R1,745 Discovery Miles 17 450 Save R146 (8%) Shipped within 7 - 12 working days

As corruption continues to be a persistent problem in India, concerned citizens believe empowered police agencies independent of political control are effective ways to deal with corrupt officials and politicians. What is corruption and how is it facilitated? What are the appropriate agencies to combat corruption professionally in India? Why are these not effective in deterring corrupt practices? Are the alternative solutions to tackle corruption successful? This book seeks to engage with these questions, discuss and analyze them, and conduct a thorough analysis of law, bureaucratic organizations, official data, case studies and comparative international institutions. It analyzes vast data to argue that a corrupt state only maintains the facade of rule of law but will not permit any inquiry beyond that of individual deviance. Using criminological perspectives, it presents a novel mechanism, the 'Doctrine of Good Housekeeping', for public officials to combat and prevent corruption within their own institutions.

Recent Developments in Macroeconomics (Hardcover): Edmund S. Phelps Recent Developments in Macroeconomics (Hardcover)
Edmund S. Phelps
R12,878 Discovery Miles 128 780 Shipped within 7 - 12 working days

These volumes focus on the most significant developments in macroeconomic theory since the late 1960s. Professor Phelps presents important recent articles and papers in both the Keynesian and monetarist tradition as well as work by adherents to new classical, neoclassical and supply side economics. Recent Developments in Macroeconomics will be an essential reference source for students, instructors and researchers concerned with new initiatives at the frontier of modern macroeconomic theory.

Major Inflations in History (Hardcover): Forrest H. Capie Major Inflations in History (Hardcover)
Forrest H. Capie
R6,153 Discovery Miles 61 530 Shipped within 7 - 12 working days

This volume is concerned with periods of very rapid inflation in the period before 1950 and shifts the emphasis from hyperinflation as commonly defined to a wider range of experience. It examines the source and origins of these inflationary episodes, how they started and what measures were used to bring them to an end. The experience of the last twenty years, when the entire world has been on fiat money and inflation has burgeoned, sometimes in excess of 100 per cent per annum, has led economists to reflect on historical examples of this phenomena. The extreme nature of episodes such as the German inflation of the early 1920s ensures that they offer a special kind of evidence on money and prices that is of considerable interest at the present time. Much of the material here is very recent, as relatively little contemporary attention was given to inflations and much of the best scholarship has only appeared in the last twenty years. However, this volume also provides the reader with access to the reflections of contemporary economists, such as Joan Robinson and Gordon Tullock.

The Economy of the Philippines - Elites, Inequalities and Economic Restructuring (Hardcover): Peter Krinks The Economy of the Philippines - Elites, Inequalities and Economic Restructuring (Hardcover)
Peter Krinks
R2,649 Discovery Miles 26 490 Shipped within 7 - 12 working days


In the late 1950s, the Filipino economy could reasonably have been described as more advanced than those of its South Asian neighbours. Ever since then, however, it has consistently lagged behind and only really started to grow strongly in the mid-1990s and even then it failed to achieve the growth rates of the rest of Southeast Asia ten years earlier.
This book critically analyses the Filipino economy and attempts to explain the problems that it has faced, as well as the solutions that need to be put into practice.
This accessible and comprehensive book will be of great use to students, academics and business professionals with an interest in the economies of Asia.

eBook available with sample pages: 0203169271

Monetarism (Hardcover): Alec Chrystal Monetarism (Hardcover)
Alec Chrystal
R8,673 Discovery Miles 86 730 Shipped within 7 - 12 working days

Monetarism has had a major impact on the thinking of political leaders and the conduct of economic policy during the last decade. These two volumes trace the origin and development of monetarism from the work of David Hume and Irving Fisher through to the very recent research by eminent contemporary economists including among others Milton Friedman, Robert Lucas, Rudiger Dornbusch and Thomas Sargent. Wide-ranging and comprehensive in scope, the book covers both the theoretical and empirical aspects of monetarism as well as its implications for economic policy.

Money and Banking in Africa (Hardcover, 1st ed. 2019): Joshua Yindenaba Abor, Agyapoma Gyeke-Dako, Vera Ogeh Fiador, Elikplimi... Money and Banking in Africa (Hardcover, 1st ed. 2019)
Joshua Yindenaba Abor, Agyapoma Gyeke-Dako, Vera Ogeh Fiador, Elikplimi Komla Agbloyor, Mohammed Amidu, …
R1,576 R1,227 Discovery Miles 12 270 Save R349 (22%) Shipped within 7 - 12 working days

This book presents a holistic exploration of the banking systems in Africa. Considering the central role that banks play in most developing countries and the vastly different trends and challenges they face, the book provides a crucial understanding of the specific environments in which banks operate. It addresses specific banking issues relevant to developing countries in general and Africa in particular, and explores the various dynamics of money and banking that separate Africa from the rest of the world. The authors build upon extensive Africa-based research and university teaching, and illustrate each topic with examples and cases from the continent. Written in an accessible style while retaining its practicality and relevance, it is an essential read for professionals, students, and other readers interested in policies affecting the banking sector's development in Africa.

Monetary Policy, Capital Flows and Exchange Rates - Essays in Memory of Maxwell Fry (Hardcover): William Allen, David Dickenson Monetary Policy, Capital Flows and Exchange Rates - Essays in Memory of Maxwell Fry (Hardcover)
William Allen, David Dickenson
R2,856 Discovery Miles 28 560 Shipped within 7 - 12 working days


Maxwell Fry was known internationally for his research into international and domestic financial issues. This book constitutes a tribute to his pioneering work in so many areas, and draws together contributions from a range of academic and policy-making colleagues who were fortunate enough to experience the depth of knowledge and insights which Maxwell demonstrated.

eBook available with sample pages: 0203458575

Macroeconomics - Principles and Policy, International Edition (Paperback, 12th edition): William J. Baumol, Alan S. Blinder Macroeconomics - Principles and Policy, International Edition (Paperback, 12th edition)
William J. Baumol, Alan S. Blinder
R1,603 R1,325 Discovery Miles 13 250 Save R278 (17%) Shipped within 8 - 13 working days

MACROECONOMICS: PRINCIPLES AND POLICY, 12, International Edition teaches the principles of economics, including current economic situations, and is an essential resource for faculty and students looking for a solid introduction using policy-based information for examples and applications.

Methodology, Microeconomics and Keynes - Essays in Honour of Victoria Chick, Volume 2 (Hardcover): Victoria Chick, Philip... Methodology, Microeconomics and Keynes - Essays in Honour of Victoria Chick, Volume 2 (Hardcover)
Victoria Chick, Philip Arestis, Meghnad Desai, Sheila C. Dow; Edited by Victoria Chick, …
R3,372 Discovery Miles 33 720 Shipped within 7 - 12 working days


Contents:
1. Arestis, Desai and Dow On Chick's Life as an Academic
2. Claudio Sardoni On the Microeconomic Foundations of Macroeconomics: a Keynesian Perspective
3. Meghnad Desai The Nature of Equilibrium in Keynes's General Theory
4. Maria Cristina Marcuzzo From the Fundamental Equations to Effective Demand: 'Natural Evolution' or 'Change of View'?
5. Alexander C. Dow and Sheila C. Dow The Relevance of Historical Experience for Economics
6. Geoffrey M. Hodgson General Theorising versus Historical Specificity: a Problem for Post Keynesians
7. Roy J. Rotheim Timeful Theories, Timeful Theorists
8. Tony Lawson Mathematical Formalism in Economics: What Really is the Problem?
9. Jan Toporowski Mathematics as Natural Law: an Epistemological Critique of Formalism in Economics
10. Giuseppe Fontana and Bill Gerrard The Encompassing Principle as an Emerging Methodology for Post Keynesian Economics
11. Athol Fitzgibbons A Note on Non-Walrasian Macroeconomics
12. Suzanne W. Helburn Marshall and Keynes on Rational (Ethical) Economic Man
13. B. J. Loasby Cognition and Co-ordination
14. Donald Gillies and Grazia Ietto-Gillies Keynes's Notion of Causa Causans and its Application to the Globalization Process
15. Fabiana Santos and Marco Crocco Technology and the Need for an Aternative View of the Firm in Post Keynesian Theory
16. Ian Steedman Consumer Beliefs and a Possible Welfare 'Gain' from Monopoly
17. David Pearce The Political Economy of Economic growth and Environmental Protection
18. Carmen Aparecida Feijo Firms and Banks Interacting in a Monetary Production Economy
19. Adriana M. Amado The Regional Impact of the Internationalization of the Financial System: the Case of Mercosul
20. Jochen Runde Assessing Credit Worthiness and Small-Firm Bank Lending
21. P. A. Riach and J. Rich Women's Work or Work for Women?
22. Victoria Chick's Publications

Open Economy Macroeconomics (Hardcover): Martin Uribe, Stephanie Schmitt-Grohe Open Economy Macroeconomics (Hardcover)
Martin Uribe, Stephanie Schmitt-Grohe
R1,641 R1,214 Discovery Miles 12 140 Save R427 (26%) Shipped within 7 - 12 working days

A cutting-edge graduate-level textbook on the macroeconomics of international trade Combining theoretical models and data in ways unimaginable just a few years ago, open economy macroeconomics has experienced enormous growth over the past several decades. This rigorous and self-contained textbook brings graduate students, scholars, and policymakers to the research frontier and provides the tools and context necessary for new research and policy proposals. Martin Uribe and Stephanie Schmitt-Grohe factor in the discipline's latest developments, including major theoretical advances in incorporating financial and nominal frictions into microfounded dynamic models of the open economy, the availability of macro- and microdata for emerging and developed countries, and a revolution in the tools available to simulate and estimate dynamic stochastic models. The authors begin with a canonical general equilibrium model of an open economy and then build levels of complexity through the coverage of important topics such as international business-cycle analysis, financial frictions as drivers and transmitters of business cycles and global crises, sovereign default, pecuniary externalities, involuntary unemployment, optimal macroprudential policy, and the role of nominal rigidities in shaping optimal exchange-rate policy. Based on courses taught at several universities, Open Economy Macroeconomics is an essential resource for students, researchers, and practitioners. * Detailed exploration of international business-cycle analysis* Coverage of financial frictions as drivers and transmitters of business cycles and global crises* Extensive investigation of nominal rigidities and their role in shaping optimal exchange-rate policy* Other topics include fixed exchange-rate regimes, involuntary unemployment, optimal macroprudential policy, and sovereign default and debt sustainability* Chapters include exercises and replication codes

Something Will Turn Up - Britain's Economy, Past, Present and Future (Paperback, Main): David Smith Something Will Turn Up - Britain's Economy, Past, Present and Future (Paperback, Main)
David Smith 1
R233 R176 Discovery Miles 1 760 Save R57 (24%) Shipped within 7 - 11 working days

As the prevailing winds of the global economy have changed, so Britain has been buffeted from boom to bust and back again. But how much is our country's economic landscape shaped by the huge forces of international capital - and the hope that 'something will turn up' - and how much by the individual men and women at the heart of our economic policy? David Smith forged his career as Britain's leading economic journalist during the country's traumatic transition from the 'workshop of the world' in the Midlands where he grew up, to an economy built on the sometimes shaky foundations of services and the City. Something Will Turn Up is his account of the chancellors, prime ministers, Bank of England governors and senior officials he has encountered and interviewed over the last five decades, and their impact on the realities of modern British life since the war. Smith leads us through the mire of government policy and long-term trends with wit and clarity to paint a vivid, personal picture of how we got to now - and where we might go from here.

Lectures in Macroeconomics - A Capitalist Economy Without Unemployment (Hardcover): Kazimierz Laski Lectures in Macroeconomics - A Capitalist Economy Without Unemployment (Hardcover)
Kazimierz Laski; Edited by Jerzy Osiatynski, Jan Toporowski
R808 Discovery Miles 8 080 Shipped within 7 - 12 working days

Lectures in Macroeconomics: A Capitalist Economy Without Unemployment provides a systematic account of the principle of aggregate demand based on the work of Polish economist Michal Kalecki, best known as one of the originators of the Keynesian Revolution in macroeconomics.The lectures demonstrate the importance of aggregate demand in determining total output and employment in the capitalist economy. They show how the investment decisions of firms affect economic growth, arguing that due to the unstable nature of investment it is important that the government has a central role in stabilizing the economy. This English translation of Kazimierz Laski's final work brings up to date fundamental concepts to give a picture of the twenty-first capitalist economy, and the obstacles that must be overcome in bringing it to full employment. It introduces the role of money and finance in the contemporary capitalist economy, as well as the central role of the labour market and wages. The analysis is illustrated with statistics and discussion around the evolution of capitalist economies and the rise of economic inequality since the Second World War, culminating in the 2008 crisis and the economic deflation affecting Europe since that crisis. Lectures in Macroeconomics remarks critically upon the neo-classical approach to economics that has brought about slow economic growth, unemployment, and inequality.

Globalisation For Sale (Hardcover): Cobus de Swardt-Kraus Globalisation For Sale (Hardcover)
Cobus de Swardt-Kraus
R3,474 Discovery Miles 34 740 Shipped within 7 - 12 working days

Money has been an important part of modernity ever since it was exchanged for goods centuries ago. The evolution of systematically standardized monetized exchanges expedited trade between localities across space, standardized exchanges over time, and transformed work into wage labor. Money also generated the possibilities for specialization which were not possible under a system of barter, and solidified the emergence and development of the modern epoch. The contemporary changes in monetised exchanges, such as the electrification and globalization of monetary processes and financial markets, are unequivocal indicators of contemporary globalization. They are also some of the most important, and far-reaching, social changes of our time. Understanding and managing global financial flows and their impact of social spaces and people, is one of the most complex and difficult tasks facing politicians and social theorists today. Helping to meet the challenges posed by these changes, this important volume focuses on three questions central to the interplay between globalization, valorization and marginalization.

Money, Credit and Price Stability (Hardcover): Paul Dalziel Money, Credit and Price Stability (Hardcover)
Paul Dalziel
R2,851 Discovery Miles 28 510 Shipped within 7 - 12 working days


Beginning with the development of credit-money theory in the twentieth century, Paul Dalziel derives a model that explains how interest rates are used by authorities to maintain price stability. His conclusions suggest ways in which the current policy framework can be improved to promote growth, without sacrificing that stability.


eBook available with sample pages: 0203187857

Central Bank Independence and the Legacy of the German Past (Hardcover): Simon Mee Central Bank Independence and the Legacy of the German Past (Hardcover)
Simon Mee
R1,707 Discovery Miles 17 070 Shipped within 7 - 11 working days

The 2008 financial crisis led to more and more frequent political attacks on central banks. The recent spotlight on central bank independence is reminiscent of the fiery debates amongst Germany's political elites in 1949 on the same issue; debates that were sparked by the establishment of West Germany in that year. Simon Mee shows how, with the establishment of West Germany's central bank - today's Deutsche Bundesbank - the country's monetary history became a political football, as central bankers, politicians, industrialists and trade unionists all vied for influence over the legal provisions that set out the remit of the future monetary authority. The author reveals how a specific version of inter-war history, one that stresses the lessons learned from Germany's periods of inflation, was weaponised and attached to a political, contemporary argument for an independent central bank. The book challenges assumptions around the evolution of central bank independence with continued relevance today.

The Economics of James Steuart (Hardcover): Ramon Tortajada The Economics of James Steuart (Hardcover)
Ramon Tortajada
R2,852 Discovery Miles 28 520 Shipped within 7 - 12 working days


The Economics of James Steuart reveals the particular importance of Steuart's work on monetary issues and highlights ways in which he prepared the ground for a new conception of economic relations. Featuring the work of an international team of leading scholars, this volume will be essential reading for those studying or researching the history of economic thought.

eBook available with sample pages: 0203443349

Agriculture and Economic Development in East Asia - From Growth to Protectionism in Japan, Korea and Taiwan (Hardcover):... Agriculture and Economic Development in East Asia - From Growth to Protectionism in Japan, Korea and Taiwan (Hardcover)
Penelope Francks, Joanna Boestel, Choo Hyop Kim
R2,431 Discovery Miles 24 310 Shipped within 7 - 12 working days


A comparative study which describes and analyses the contribution of agriculture to the economies of East Asia. Until now, little attention has been paid to the agricultural sector which actually underpins industrial and commercial development. Recently, this sector has become the focus of increasingly bitter economic disputes, especially over protection and the use of import tariffs.
A comparative framework is used, employing case studies from Japan, Taiwan and South Korea to highlight both the common characteristics of agriculture's role in East Asian development, and features particular to the political economy of agriculture in each country.

eBook available with sample pages: 0203025369

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