The State of Economics, the State of the World

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Release : 2020-01-07
Genre : Business & Economics
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Book Rating : 990/5 ( reviews)

The State of Economics, the State of the World - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The State of Economics, the State of the World write by Kaushik Basu. This book was released on 2020-01-07. The State of Economics, the State of the World available in PDF, EPUB and Kindle. Leading economists address the ongoing challenges to economics in theory and practice in a time of political and economic crises. More than a decade of financial crises, sovereign debt problems, political conflict, and rising xenophobia and protectionism has left the global economy unsettled and the ability of economics as a discipline to account for episodes of volatility uncertain. In this book, leading economists consider the state of their discipline in a world of ongoing economic and political crises. The book begins with three sweeping essays by Nobel laureates Kenneth Arrow (in one of his last published works), Amartya Sen, and Joseph Stiglitz that offer a summary of the theoretical foundations of modern economics—the twin pillars of general equilibrium theory and welfare economics. Contributors then turn to macroeconomic stabilization and growth and, finally, new areas of research that depart from traditional theory, methodology, and concerns: climate change, behavioral economics, and evolutionary game theory. The 2019 Nobel Prize laureates, Abhijit Banerjee, Esther Duflo, and Michael Kremer, contribute a paper on the use of randomized control trials indevelopment economics. Contributors Philippe Aghion, Ingela Alger, Kenneth Arrow, Abhijit Banerjee, Kaushik Basu, Lawrence Blume, Guillermo Calvo, Francesco Caselli, Asli Demirgüç-Kunt, Shantayanan Devarajan, Esther Duflo, Samuel Fankhauser, James Foster, Varun Gauri, Xavier Gine, Gäel Giraud, Gita Gopinath, Robert Hockett, Karla Hoff, Ravi Kanbur, Aart Kraay, Michael Kremer, David McKenzie, Célestin Monga, Maurice Obstfeld, Hamid Rashid, Martin Ravallion, Amartya Sen, Luis Servén, Hyun Song Shin, Nicholas Stern, Joseph Stiglitz, Cass Sunstein, Michael Toman, Jörgen Weibull

The State of Economics, the State of the World

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Release : 2016
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The State of Economics, the State of the World - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The State of Economics, the State of the World write by Kaushik Basu. This book was released on 2016. The State of Economics, the State of the World available in PDF, EPUB and Kindle. This paper, based on the introductory remarks made at the two-day conference on "The State of the Economy, the State of the World, " is an idiosyncratic stocktaking of the trajectory of economics from Adam Smith to contemporary times, with special attention to the rise of development economics. Given the challenges faced by the global economy in recent times, and especially since 2008, it is time for a serious evaluation of economics for policy making. The paper comments on some potential themes and ideas that motivated the conference and formed the basis of discussions and debate. This is done keeping in mind the nature of knowledge engagement the World Bank Group is expected to have with the world.

Reclaiming the State

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Release : 2017-09-15
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Book Rating : 326/5 ( reviews)

Reclaiming the State - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Reclaiming the State write by William Mitchell. This book was released on 2017-09-15. Reclaiming the State available in PDF, EPUB and Kindle. The crisis of the neoliberal order has resuscitated a political idea widely believed to be consigned to the dustbin of history. Brexit, the election of Donald Trump, and the neo-nationalist, anti-globalisation and anti-establishment backlash engulfing the West all involve a yearning for a relic of the past: national sovereignty.In response to these challenging times, economist William Mitchell and political theorist Thomas Fazi reconceptualise the nation state as a vehicle for progressive change. They show how despite the ravages of neoliberalism, the state still contains resources for democratic control of a nation's economy and finances. The populist turn provides an opening to develop an ambitious but feasible left political strategy.Reclaiming the State offers an urgent, provocative and prescient political analysis of our current predicament, and lays out a comprehensive strategy for revitalising progressive economics in the 21st century.

The State Strikes Back

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Release : 2019-01-01
Genre : Business & Economics
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Book Rating : 387/5 ( reviews)

The State Strikes Back - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The State Strikes Back write by Nicholas R. Lardy. This book was released on 2019-01-01. The State Strikes Back available in PDF, EPUB and Kindle. China's extraordinarily rapid economic growth since 1978, driven by market-oriented reforms, has set world records and continued unabated, despite predictions of an inevitable slowdown. In The State Strikes Back: The End of Economic Reform in China?, renowned China scholar Nicholas R. Lardy argues that China's future growth prospects could be equally bright but are shadowed by the specter of resurgent state dominance, which has begun to diminish the vital role of the market and private firms in China's economy. Lardy's book arrives in timely fashion as a sequel to his pathbreaking Markets over Mao: The Rise of Private Business in China, published by PIIE in 2014. This book mobilizes new data to trace how President Xi Jinping has consistently championed state-owned or controlled enterprises, encouraging local political leaders and financial institutions to prop up ailing, underperforming companies that are a drag on China's potential. As with his previous book, Lardy's perspective departs from conventional wisdom, especially in its contention that China could achieve a high growth rate for the next two decades—if it reverses course and returns to the path of market-oriented reforms.

The Power of Economists within the State

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Release : 2017-04-11
Genre : Social Science
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Book Rating : 854/5 ( reviews)

The Power of Economists within the State - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Power of Economists within the State write by Johan Christensen. This book was released on 2017-04-11. The Power of Economists within the State available in PDF, EPUB and Kindle. The spread of market-oriented reforms has been one of the major political and economic trends of the late twentieth and early twenty-first centuries. Governments have, to varying degrees, adopted policies that have led to deregulation: the liberalization of trade; the privatization of state entities; and low-rate, broad-base taxes. Yet some countries embraced these policies more than others. Johan Christensen examines one major contributor to this disparity: the entrenchment of U.S.-trained, neoclassical economists in political institutions the world over. While previous studies have highlighted the role of political parties and production regimes, Christensen uses comparative case studies of New Zealand, Ireland, Norway, and Denmark to show how the influence of economists affected the extent to which each nation adopted market-oriented tax policies. He finds that, in countries where economic experts held powerful positions, neoclassical economics broke through with greater force. Drawing on revealing interviews with 80 policy elites, he examines the specific ways in which economists shaped reforms, relying on an activist approach to policymaking and the perceived utility of their science to drive change.