ISBN:
9781786432056
Language:
English
Pages:
1 Online-Ressource (xvi, 190 Seiten)
Series Statement:
Elgaronline
Series Statement:
Edward Elgar books
Series Statement:
New directions in post-keynesian economics
Parallel Title:
Erscheint auch als
Keywords:
Employment (Economic theory) 21st century
;
Economic development 21st century
;
Electronic books
;
Aufsatzsammlung
Abstract:
Contents: Preface (xiv) -- Introduction : the importance of aggregate demand for full employment and rising living standards (1) / Brian K. MacLean, Hassan Bougrine and Louis-Philippe Rochon -- PART I. THEORETICAL CONSIDERATIONS: 1. Macroeconomic lessons from the past decade (11) / J.W. Mason -- 2. Dualism and economic stagnation: can a policy of guaranteed basic income return mature market economies to les Trente glorieuses? (34) / Mario Seccareccia -- 3. Kaleckian reflections on the wage share in recent Post-Keynesian controversies (52) / Jan Toporowski -- PART II. MULTI-COUNTRY PERSPECTIVES: 4. The fiscal constraints of the Economic and Monetary Union (62) / Malcolm Sawyer -- 5. The failure of development in Latin America (75) / Matias Vernengo -- 6. Austerity, unemployment and poverty in developing countries (97) / Hassan Bougrine and Louis-Philippe Rochon -- PART III. COUNTRY STUDIES: 7. Full employment in Canada in the early 21st century (116) / Lars Osberg -- 8. Employment in India : aggregate demand and structural transformations (142) / Sunanda Sen -- 9. Abenomics and the Japanese labour market (156) / Brian K. MacLean -- Index (179).
Abstract:
"Written by distinguished Keynesian and Post-Keynesian economists from diverse national backgrounds, this book examines the economic growth and employment experiences of both large areas of the world and specific economies. Dealing with critical issues in macroeconomic theory and policy, this book puts current issues in a historical perspective. Emphasising developments during and after the Great Recession, and paying due attention to the impacts of austerity policies, chapters explain that high growth of aggregate demand is as essential as ever to achieving full employment and rising living standards. Organised into three distinct thematic parts, the book moves from discussing theoretical considerations, to aggregate demand and employment in the EU, Latin America and the developing world, to individual country studies including Canada, India and Japan. Economics students, particularly those interested in heterodox economics and macroeconomics, will find the accessible language and perspectives on a range of major regions helpful. This will also be a useful read for macroeconomic policy-makers looking for a more in-depth understanding of the importance of boosting aggregate demand"--
DOI:
10.4337/9781786432056
URL:
Deutschlandweit zugänglich
URL:
Deutschlandweit zugänglich
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