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Why Latin American Nations Fail
  • Language: en
  • Pages: 236

Why Latin American Nations Fail

The question of development is a major topic in courses across the social sciences and history, particularly those focused on Latin America. Many scholars and instructors have tried to pinpoint, explain, and define the problem of underdevelopment in the region. With new ideas have come new strategies that by and large have failed to explain or reduce income disparity and relieve poverty in the region. Why Latin American Nations Fail brings together leading Latin Americanists from several disciplines to address the topic of how and why contemporary development strategies have failed to curb rampant poverty and underdevelopment throughout the region. Given the dramatic political turns in contemporary Latin America, this book offers a much-needed explanation and analysis of the factors that are key to making sense of development today.

The Means to Prosperity
  • Language: en
  • Pages: 369

The Means to Prosperity

  • Type: Book
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  • Published: 2007-05-07
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  • Publisher: Routledge

While recent developments in monetary theory have quickly spread to policy analysis and practice and the media, the same is not true of fiscal policy. This key book assesses these issues through contributions from a host of top names.

Ideas, Policies and Economic Development in the Americas
  • Language: en
  • Pages: 336

Ideas, Policies and Economic Development in the Americas

  • Type: Book
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  • Published: 2007-03-29
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  • Publisher: Routledge

The interplay of ideas and policies is central to understanding the historical evolution of economies. Ideas shape economic institutions and real economic constraints are the source of new economic ideas. The history of economic ideas, both those that are fairly recent and those that are considerably older, may provide a fertile ground for new appr

Monetary Integration and Dollarization
  • Language: en
  • Pages: 319

Monetary Integration and Dollarization

This book brings together an impressive and diverse group of authors to discuss its central theme: whether or not the dollarized international monetary system is sustainable in the context of the global economy it helped create. In addition to its uniquely well-rounded and comprehensive coverage of the issues, this lively and highly readable volume provides an accurate assessment of the lack of consensus in the current debate. A must read for anyone interested in currency crises and the increasing vulnerability of the dollar. Jane D Arista, Director of Progams, Financial Markets Center, US This book deals with the economic consequences of monetary integration, which has long been dominated b...

Credit, Interest Rates and the Open Economy
  • Language: en
  • Pages: 304

Credit, Interest Rates and the Open Economy

'This book should be on the reading list of every graduate course in monetary economics. The distinguished contributors not only examine and discuss the nature of money and the conduct of monetary policy in a modern credit economy, but also take an historical perspective through the writings of Cassel, Wicksell, Sraffa and Hicks, as well as Keynes and Kaldor, and extend the theory of money endogeneity (or "horizontalism") to the open economy and economic growth. Interested readers have a feast before them.' - A.P. Thirlwall, University of Kent at Canterbury, UK The horizontalist perspective is an extension of the post-Keynesian approach, that has hitherto focused on a theory of credit and mo...

Thirlwall's Law at 40
  • Language: en
  • Pages: 149

Thirlwall's Law at 40

2019 marked the 40th anniversary of the publication of Anthony P. Thirlwall’s classic paper that laid out what became known as Thirlwall’s law. This article introduced and provided empirical evidence in favor of the proposition that the long-run rate of growth of an economy compatible with balance-of-payments equilibrium can be approximated by the simple rule of the ratio of the growth of exports to the income elasticity of demand for imports.

Aggregate Demand and Employment
  • Language: en
  • Pages: 207

Aggregate Demand and Employment

With an emphasis on developments during and after the Great Recession, and paying due attention to the impacts of austerity policies, the chapters assembled for this book explain that high growth of aggregate demand is as essential as ever for achieving full employment and rising living standards. Written by distinguished Keynesian and Post-Keynesian economists from diverse national backgrounds, the book tackles critical theoretical and empirical issues to illuminate the economic experiences both of large geographic regions such as Europe, Latin America, and Africa, as well as specific national economies including the USA, Japan, India, and Canada.

Modern Theories of Money
  • Language: en
  • Pages: 652

Modern Theories of Money

'This is a timely book. Being on modern theories of money - essentially the study of traditions of endogenous money - it is a welcome contribution to current thinking on monetary policy. The modern central bank view on money is that the rate of interest should be manipulated by central banks to achieve an inflation target with the money supply being the "residual". Although money is in effect endogenous, there is no theory that explains its behaviour. Modern Theories of Money is a serious attempt to sharpen existing views on the issue and fill gaps in an admirable manner.' - Philip Arestis, University of Cambridge, UK and Levy Economics Institute, US This book unites diverse heterodox tradit...

A Handbook of Alternative Monetary Economics
  • Language: en
  • Pages: 535

A Handbook of Alternative Monetary Economics

Consists of over 30 major contributions that explore a range of work on money and finance. The contributions in this handbook cover the origins and nature of money, detailed analyses of endogenous money, surveys of empirical work on endogenous money and the nature of monetary policy when money is endogenous.

Political Economy and Contemporary Capitalism
  • Language: en
  • Pages: 369

Political Economy and Contemporary Capitalism

  • Type: Book
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  • Published: 2015-02-12
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  • Publisher: Routledge

This volume covers the theoretical method, macroeconomics, microeconomics, international trade and finance, development, and policy of economic theory. It incorporates various alternative approaches as well as a broad spectrum of policy issues.