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OverviewBringing together over a dozen post-Keynesian experts on the issues of employment, growth, development and exchange rates, this book breaks new ground by offering interesting and innovative insights into the problems faced today in both developed and developing countries. This topical book addresses unemployment in Europe, the wrong-headed reliance on NAIRU to formulate policy, distributional conflicts and financial factors, as well as problems faced in developing countries with respect to exchange rate policy, central banking, challenges to growth, and international financial flows. In the first part of the book the chapters deal with issues related to employment policies, economic growth and development while the second part is dedicated to development and growth issues in open-economy developing countries. Employment, Growth and Development offers an interesting analysis of the current economic issues from a post-Keynesian perspective that will appeal to academics and graduate students interested in development and economics. Contributors: M. Aslam, R. Bellofiore, M. Ben Guirat, F.J. Cardim de Carvalho, T. Chaiechi, M. Clevenot, E. Correa, C. Gnos, Y. Guy, J. Halevi, D. Lang, N. Levy Orlik, J. Lopez, W.C. Marshall, E. Ortiz Cruz, C. Pastoret, L.-P. Rochon, M. Setterfield, E. Stockhammer, D. Tropeano, V. Vernay Full Product DetailsAuthor: Claude Gnos , Louis-Philippe Rochon , Domenica TropeanoPublisher: Edward Elgar Publishing Ltd Imprint: Edward Elgar Publishing Ltd Dimensions: Width: 15.60cm , Height: 2.20cm , Length: 23.40cm Weight: 0.646kg ISBN: 9781848440685ISBN 10: 1848440685 Pages: 320 Publication Date: 31 May 2012 Audience: College/higher education , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: To order Stock availability from the supplier is unknown. We will order it for you and ship this item to you once it is received by us. Table of ContentsContents: Introduction: Post-Keynesian Economic Policy - a Post-crisis View Claude Gnos, Louis-Philippe Rochon and Domenica Tropeano PART I: LABOR, EMPLOYMENT POLICIES AND DISTRIBUTION 1. Deconstructing Labor: A Marxian-Kaleckian Perspective on What is 'New' in Contemporary Capitalism and Economic Policies Riccardo Bellofiore and Joseph Halevi 2. Breaking the Economic Dependence of Developing Countries to Promote Economic Development and Full Employment: The Case of the Maghreb Countries Mehdi Ben Guirat and Corinne Pastoret 3. The Redistribution Conflict in the 'Patrimonial Regime' through a Stock-Flow Consistent Model Mickael Clevenot and Yann Guy 4. Income Distribution, Growth and Financialization: The Italian Case Domenica Tropeano 5. Faith-based Macroeconomics: A Critique of Recent Developments in NAIRU Estimation Dany Lang and Mark Setterfield 6. Still Unemployed, After All These Wage Cuts. Labor in Europe Engelbert Stockhammer 7. Labor Market and Monetary Macroeconomics Vincent Vernay PART II: GROWTH, DEVELOPMENT AND EXCHANGE RATES 8. Exchange Rate Policy in Developing Countries: The East Asian Experience Mohamed Aslam 9. A Keynesian-Structuralist Growth Strategy for Latin America Julio Lopez and Fernando J. Cardim de Carvalho 10. Financial Development and Economic Growth through a Post-Keynesian Lens: Hong Kong Case Study Taha Chaiechi 11. Money and Institutions: The Long Path of the Latin American Financial Reforms Eugenia Correa 12. The Effect of Interest Rates in Developing Countries: Can Central Bank Monetary Policy Instruments Modify Economic Growth? Noemi Levy Orlik 13. International Capital Flows and Latin America: Making Sense of Disappointing Results Wesley C. Marshall 14. Inflation Targeting by the 'Tyrannical Auctioneer': The Predominance of a Normative Approach in Monetary Policy Etelberto Ortiz Cruz IndexReviews'The editors of this volume have brought together an invaluable set of essays on each of these issues. The overall post-Keynesian message, of course - one that comes through very clearly - is that employment, growth and development are not at all separate topics, but each depend on the appropriate choice of macroeconomic policies for a monetary production economy.' - John Smithin, York University, Canada 'The editors of this volume have brought together an invaluable set of essays on each of these issues. The overall post-Keynesian message, of course - one that comes through very clearly - is that employment, growth and development are not at all separate topics, but each depend on the appropriate choice of macroeconomic policies for a monetary production economy.' -- John Smithin, York University, Canada The editors of this volume have brought together an invaluable set of essays on each of these issues. The overall post-Keynesian message, of course - one that comes through very clearly - is that employment, growth and development are not at all separate topics, but each depend on the appropriate choice of macroeconomic policies for a monetary production economy. --- John Smithin, York University, Canada ’The editors of this volume have brought together an invaluable set of essays on each of these issues. The overall post-Keynesian message, of course - one that comes through very clearly - is that employment, growth and development are not at all separate topics, but each depend on the appropriate choice of macroeconomic policies for a monetary production economy’ - John Smithin, York University, Canada Author InformationEdited by Claude Gnos, Senior Research Associate, Centre for Monetary and Financial Studies, University of Burgundy, Dijon, France and the International Economic Policy Institute, Laurentian University, Canada, Louis-Philippe Rochon, Full Professor, Laurentian University, Canada, Editor-in-Chief, Review of Political Economy and Founding Editor Emeritus, Review of Keynesian Economics and Domenica Tropeano, Associate Professor, Faculty of Economics, University of Macerata, Italy Tab Content 6Author Website:Countries AvailableAll regions |