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How Brazil's monetary and fiscal policies survived a series of severe economic shocks and the policy lessons for other countries. Inflation targeting -- when central bank policies set specific inflation rate objectives -- is widely used by both developed and developing countries around the world (although not by the United States or the European Central Bank). This collection of original essays looks at how Brazil's policy of inflation targeting, coupled with a floating exchange rate, survived a series of severe economic shocks and examines the policy lessons that can be drawn from Brazil's experience. After a successful start in early 1999, Brazil's policy regime had to manage mounting diff...
This book explores the IMF's role within the politics of austerity by providing a path-breaking comprehensive analysis of how the IMF approach to fiscal policy has evolved since 2008, and how the IMF worked to alter advanced economy policy responses to the global financial crisis (GFC) and the Eurozone crisis. It updates and refines our understanding of how the IMF seeks to wield ideational power by analysing the Fund's post-crash their ability to influence what constitutes legitimate knowledge, and their ability fix meanings attached to economic policies within the social process of constructing economic orthodoxy.This book is interested in the politics of economic ideas, focused on the ass...
The Massachusetts Institute of Technology has been and continues to be one of the most important global centres for economics. With four chapters on themes in MIT economics and 38 chapters on the lives and work of MIT economists, this book shows how economics became established at the Institute, how it produced some of the world’s best-known economists, including Paul Samuelson, Franco Modigliani and Robert Solow, and how it remains a global force for the very best in teaching and research in economics. With original contributions from a stellar cast, the volumes provide economists – especially those interested in macroeconomics and the history of economic thought – with an in-depth analysis of MIT economics.
OneKey means all your resources are in one place for maximum convenience, simplicity, and success. For campuses with BlackBoard partnerships, Prentice Hall provides all of the OneKey content for you to upload directly into your Blackboard course. For more information, visit www.prenhall.com/onekey What's Key for Instructors: *Instructors have online access, via BlackBoard, to all available course supplements. *Instructors can create and assign tests or quizzes. *OneKey saves instructors time by grading all questions and tracking results in the online course grade book. What's Key for Students: *Students have access to interactive exercises such as the Active Graphs, quizzes, useful links, and much more.
Talking Economics inaugurates a trilogy that uses imaginative dialogues to explore themes ranging from the behavior of consumers and firms to debates on monetary policy, international trade, and artificial intelligence. Drawing inspiration from the Platonic tradition, it blends conversations between Socrates and Glaucon with fictional interviews featuring economists—from Adam Smith to Paul Krugman—placing their ideas in historical context while revealing their relevance today. This third volume completes the trilogy, addressing the central issues of international economics and global finance. Through imagined dialogues and interviews, Socrates, Glaucon, and leading economists explore international trade, exchange rates, the balance of payments, capital flows, financial crises, the role of central banks, and emerging monetary technologies.
The CD-ROM contains 48 active graphs and was created by Stephen Perez.
an insider's analysis of the political events and economic strategy behind the country's swift transition to capitalism and democracy In Poland's jump to the Market Economy, Jeffrey Sachs provides an insider's analysis of the political events and economic strategy behind the country's swift transition to capitalism and democracy. The greatest challenges to economic reform, Sachs points out, have been primarily political in nature, rather than social or even economic. Sachs reviews Poland's striking progress since the start of the economic reforms three years ago, which he helped to design. He discusses the gains - more than half of employment and GDP is now in the private sector, exports to ...