Pursued Economy: Understanding and Overcoming the Challenging New Realities for Advanced Economies

ISBN-13: 9781119984276 / Angielski / Twarda / 2022

Richard C. Koo

Spis treści

Preface xiiiAbout the Author xviiChapter 1 Introduction to the Other Half of Macroeconomics 1Chapter 2 Balance Sheet Problems Create a Shortage of Borrowers 27Chapter 3 Introduction to the Concept of Pursued Economy 77Chapter 4 Macroeconomic Policy during the Three Stages of Economic Development 113Chapter 5 Economic Growth and Challenges of Remaining an Advanced Country 165Chapter 6 Monetary Policy during the Pandemic and the Quantitative Easing (QE) Trap 227Chapter 7 Europe Is Repeating Mistakes of the 1930s 289Chapter 8 Money and Banking in the Other Half of Macroeconomics 327Chapter 9 Backlash against Globalization and Conflict between Free Trade and Free Capital Flows 371Chapter 10 Rethinking Economics 429References and Bibliography 469Afterword 479Index 481

O autorze

RICHARD C. KOO is Chief Economist of Nomura Research Institute in Tokyo, and former economist with the Federal Reserve Bank of New York. He was also a Doctoral Fellow of the Board of Governors of the Federal Reserve System. Recipient of many awards including the Abramson Award from the National Association for Business Economics, he has advised five Japanese prime ministers and is a Senior Advisor to the Center for Strategic and International Studies in Washington, D. C. A piano manufacturer before becoming an economist, he is also a columnist with the Handelsblatt newspaper in Germany.