Issues in Monetary, Financial and Macroeconomic Adjustment Policies

ISBN-13: 9781405129114 / Angielski / Miękka / 2005 / 284 str.

Stuart Sayer; Stuart Sayer

Opis

This collection of survey articles sheds light on crucial questions in the field of monetary, financial and macroeconomic policy.

• Applies rigorous economic theory and empirical analysis to important practical policy issues.
  
• Considers the role of the financial sector in economic development.
  
• Looks at why financial crises occur and how they can be avoided.
  
• Discusses the relationship between macroeconomic adjustment and poverty.
  
• Asks if low-inflation rate regimes are at risk from the 'zero bound' to nominal interest rates.
  
• Provides accessible overviews of recent research into these questions.

Spis treści

1. Monetary, Financial and Macroeconomic Adjustment Policies An Overview: Stuart Sayer.

2. Financial Liberalisation and Economic Development An Assessment: Paul Auerbach and Jalal Uddin Siddiki.

3. Financial Markets, Development and Economic Growth: Tales of Informational Asymmetries: Salvator Capasso.

4. An Exegesis on Currency and Banking Crises: Janice Boucher Breuer.

5. The Changing Nature of Currency Crises: Sweta C. Saxena.

6. Macroeconomic Adjustment and the Poor: Analystical Issues and Cross–Country Evidence: Pierre–Richard Agenor.

7. The Asymmetric Effects of Monetary Policy: Anna Florio.

8. Monetary Policy and the Zero Bound to Interest Rates: A Review: Tony Yates.

Index.

O autorze

Stuart Sayer is Senior Lecturer and Head of Economics at the University of Edinburgh. He is the Co–founder and Senior Editor of the Journal of Economic Surveys and his previous publications include Issues in New Political Economy (ed., Blackwell Publishing, 2001).

Blurb

This volume sheds light on crucial questions in the field of monetary, financial and macroeconomic policy. Consisting of a series of surveys written by leading international economists, it addresses questions such as: What is the role of the financial sector in economic development? Is financial liberalization good for development? Why do financial crises occur and how can they be avoided? And do macroeconomic adjustment measures exacerbate poverty? The surveys are written to be accessible to readers with a basic background in economics, and will be a valuable resource for economists, social scientists, policy–makers and students who want to keep abreast of recent literature in this important field.