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Long-Run Growth Forecasting
This book explores how to set up an empirical model that helps with forecasting long-term economic growth. GDP forecasts for the years 2006 to 2020 for 40 countries are derived in a transparent way. Offering a systematic approach to models of potential GDP that can also be used for forecasts of more than a decade it fills the wide gap between the high demand for such models by banks, international organizations, and governments on the one hand and the limited supply on the other hand. Frequent forecast failures in the past (e.g. Japan 1990, Asia 1997) and the heavy economic losses they produced motivated the work. The book assesses the large number of theories of economic growth, the drivers of economic growth, the available datasets and the empirical methods on offer. A preference is shown for evolutionary models and an augmented Kaldor model. The book uses non-stationary panel techniques to find pair-wise cointegration among GDP per capita and its main correlates.
The Origins & Development of the European Union 1945-2008
The new edition of this accessible introduction to the history of the European Union (EU) has been fully revised and updated to reflect the significant changes within the EU over the past decade. The book is ideal introductory reading for those new to the study of the EU who want a concise and up-to-date account of the political and economic development of the EU.
The Fed Turns 100
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European Political Economy
The first part of this book provides an overview of political science approaches to European political economy, both mainstream and critical ones. As such, it contributes directly to the current debate among scholars of political science and international
Green Banking and Green Central Banking
The books deals with the questions that really matter for green finance: Where will the money to finance the transition to a low carbon environment come from, how far do the banks’ balance sheets stretch and where will the rest of the money come from? How much can we rely on the capital markets, especially in the EU, to get money to the parts of the economy which really need it, without greenwashing? How do governments organize not just a transition, but a just transition to a low carbon environment? Is it time to revisit received ideas about the proper role for central banks?
Recycling Land
Discusses how abandoned industrial land might be reused, even under current pollution laws
Business Week
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