Globalization and Progressive Economic Policy by Dean Baker

By Dean Baker

In Globalization and revolutionary monetary coverage, thirty-six widespread economists research the impression of the rising international financial system on our nationwide sovereignty and criteria of dwelling. Does globalization reason inequality? Instability? Unemployment? Environmenal degradation? Or is it an engine of prosperity and wealth for nearly all of the world's electorate? The authors research difficulties, associations and attainable executive responses, and finish that globalization could be a strength for sturdy or in poor health counting on the measure of law that governments and electorate can workout over its trajectory.

Show description

Read Online or Download Globalization and Progressive Economic Policy PDF

Best economic policy books

Electricity Market Reforms: Economics and Policy Challenges

With the worldwide call for for power skyrocketing, during the last two decades many nations have restructured their electrical energy industries, commonly relocating from a regulated monopoly to a aggressive industry constitution. the result of those reforms fluctuate considerably from state to nation reckoning on the industry association version and nationwide stipulations.

Globalization and Progressive Economic Policy

In Globalization and revolutionary monetary coverage, thirty-six famous economists examine the influence of the rising worldwide economic climate on our nationwide sovereignty and criteria of residing. Does globalization reason inequality? Instability? Unemployment? Environmenal degradation? Or is it an engine of prosperity and wealth for nearly all of the world's voters?

Monetary Policy under Uncertainty: Historical Origins, Theoretical Foundations, and Empirical Evidence

Oliver Sauter analyzes 3 facets of economic coverage less than uncertainty. First he exhibits that the phrases danger and uncertainty are frequently wrongly used as synonyms regardless of their various meanings. the second one element is the correct exam and incorporation of uncertainty right into a financial coverage framework.

Money, Markets, and Democracy: Politically Skewed Financial Markets and How to Fix Them

This booklet bargains a entire research of the ways in which politics and fiscal markets effect each other. during this courting, politics is the last word controlling strength. the types and costs of monetary tools that get traded and the participants and associations that get to exchange them, let alone the principles less than which everybody trades, are all concerns decisively prompted by means of an array of political variables - occasionally for the higher, yet all too frequently for the more serious.

Additional resources for Globalization and Progressive Economic Policy

Sample text

G. Williamson 1994, p. 27. * The countries included in the sample are Australia, Belgium, Canada, Denmark, France, Germany, Great Britain, Ireland, Italy, the Netherlands, Norway, Portugal, Spain, Sweden, and the United States. differentials must just exactly offset expected changes in inflation-adjusted exchange rates. Most countries' assets fail this test most of the time, and there has been no general movement toward greater market convergence according to this measure (Herring and Litan 1995, Chapter 2).

Yet again, the evidence is mixed on the extent to which price setting across countries is coming to approximate the law of one price. To consider some evidence first on commodity prices, an extremely interesting study by Froot, Kim, and Rogoff (1995) examined annual commodity price data from England and Holland over a span of seven centuries. Their dataset incorporated transaction prices on eight commodities - barley, butter, cheese, eggs, oats, peas, silver, and wheat - as well as pound/shilling nominal exchange rates.

Pollin initially addresses the widely held view that the international constraints on expansionary policy mean that expansions cannot take place unless supportive international policies exist. International cooperation would undoubtedly create a far more supportive environment for such policies. However, creating a viable framework of international cooperation is a difficult and, in any case, long-term project. Thus, within the short to medium run, successful expansionary programs will have to be achieved primarily through domestic policy initiatives.

Download PDF sample

Rated 4.49 of 5 – based on 32 votes