With international contributors, this second volume in Contemporary Issues, by Joseph Stiglitz and Martin Guzman, includes theoretical, empirical, and policy oriented chapters based on careful utilization of theory and data analysis.

Timothy Besley brings together a set of essays on themes relevant to the study of economic development written by leading authors. It covers a range of topics many of which are relevant to policy issues. In many cases, the authors bring new insights from empirical research in a range of economies.

Stiglitz and Guzman bring together this edited collection that presents a series of studies on contemporary macroeconomic issues and contains a set of key lessons for macroeconomic theory and policies from the recent global financial crisis.

With international contributors, this second volume in Contemporary Issues, by Joseph Stiglitz and Martin Guzman, includes theoretical, empirical, and policy oriented chapters based on careful utilization of theory and data analysis.

Timothy Besley brings together a set of essays on themes relevant to the study of economic development written by leading authors. It covers a range of topics many of which are relevant to policy issues. In many cases, the authors bring new insights from empirical research in a range of economies.

It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but, as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in inequality that we have seen occur in recent times, and better understand the complex relationship between...

It was a part of the wisdom of mainstream economics that in the early stages of development inequality would rise but as growth persisted, it would, eventually, decline. Early evidence seemed to suggest that this pattern would be borne out. But, as time passed and growth persisted, inequality continued to grow, casting doubt on the received wisdom. The aim of this two-volume book is to analyze the current state of global and regional inequality, dissect the phenomenal increase in inequality that we have seen occur in recent times, and better understand the complex relationship between...

Joseph Stiglitz examines the theory behind the economic downturns that have plagued our world in recent times. This fascinating three-part lecture acknowledges the failure of economic models to successfully predict the 2008 crisis and explores alternative models which, if adopted, could potentially restore a stable and prosperous economy.

A guide to the experiences economic reform since the second world war, and system reform and economic integration across the world in the past decade. The first part of the book examines why only a small number of developing countries have succeeded in their modernization attempts this century. What lessons can be learnt from the successes of the East Asian NIEs and failures of other economies to emulate them? The very different experiences of the transition to market economies in the former socialist countries of Eastern Europe and China is the focus of the next section, with comparisons...