In examining alternative economic policies for the EU after the rejection of the European Constitution, this book covers: macroeconomic policy and the European Constitution; EU financial integration; reform of European regional policy; assessment and alternative proposals on European structural policies; and labour market policies in the EU.

Geoff Harcourt has made substantial and wide ranging contributions to economics in general, and to post Keynesian economics in particular. In this volume more than 40 leading economists pay tribute to and critically evaluate his work. In particular, contributions focus on: debates in the area of Captial Theory; the development of post Keynesian economics and the Cambridge tradition; and major figures in history of economic thought including Marx, Keynes and Sraffa. The contributors represent a wide range of schools in economics, and include Nobel Laureates Paul Samuelson and Robert Solow.

Economics has become an excessively esoteric discipline. Opportunities to bridge the gap between theorizing and policymaking are becoming increasingly limited. One issue of great importance to modern policymakers is the relationship between globalization and economic crisis. With unprecedented trends towards globalization (in part propelled by developments in information technology), the repercussions of economic crisis are more profound than ever before, particularly for developing countries. What Global Economic Crisis? bridges the gap between theory and policy by examining the...

This book offers a comprehensive analysis of the problems that the current working of capital markets are generating on both developed and developing economies. It pays special attention to the reasons explaining the unstable and volatile working of international financial markets and to the consequences of that behaviour on both the economic performance of the involved countries and on the economic policies implemented.

Geoff Harcourt has made substantial and wide ranging contributions to economics in general, and to post Keynesian economics in particular. In this volume more than 40 economists pay tribute to, and critically evaluate, his work. In particular, contributions focus on: the methodological foundations of economic policy making, theoretical and applied analyses of comparative economic systems, and specific issues in economic policy including privatization and unemployment. Contributors are drawn from seven countries and represent a wide range of schools in economics.

What can Keynesian economics mean in the 21st century? Do globalisation, inflationary pressures and supply-side constraints make managing demand in a domestic economy impossible? Or could its use to tackle unemployment be put back on the political agenda? These essays examine the potential relevance of Keynesian policies for Europe, America, the developing world and the global economy. There is no common definition, but Keynesianism is throughout seen as more than demand management, with policy proposals to promote investment, strengthen the supply-side and reduce uncertainty.

This book reviews the paradigm which has come to be known as post-Keynesian economics, concentrating on the main issues that form the heart of this paradigm: money and finance; conflict in wage and price settings; the degree of monopoly and pricing in an open economy; divergence rather than convergence in the European Union; financial and economic development; economic policy and methodological issues.

Unemployment has been somewhat neglected within the world of economics in recent years. However, even within the EU, several regions still suffer from worrying levels of people out of work. This book explores the subject of unemployment in detail, analyzing past successes and failures in the area, and offering lessons and proposals for the future.

Containing expert contributions from a variety of scholars working in these areas of research, this book explores contemporary concerns in economic development and globalization as well as examining how the issues have changed since Ajit Singh first began working on these subjects.

The US is slowly recovering from the aftermath of the burst of the 'new economy' bubble - which was one of the worst in monetary history. In this updated edition, Philip Arestis and Elias Karakitsos examine the causes and consequences of the burst of the 'new economy' bubble and investigate the impact on financial markets.