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Ascent After Decline: Regrowing Global Economies After the Great Recession, Canuto Otaviano, Leipziger Danny M.


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Автор: Canuto Otaviano, Leipziger Danny M.
Название:  Ascent After Decline: Regrowing Global Economies After the Great Recession
ISBN: 9780821389423
Издательство: Mare Nostrum (Eurospan)
Классификация:



ISBN-10: 0821389424
Обложка/Формат: Paperback
Страницы: 325
Вес: 0.51 кг.
Дата издания: 29.02.2012
Серия: Economics/Business/Finance
Язык: English
Иллюстрации: 1, black & white illustrations
Размер: 229 x 152 x 17
Читательская аудитория: Professional and scholarly
Ключевые слова: Economic theory & philosophy,Economic forecasting
Подзаголовок: Regrowing global economies after the great recession
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Поставляется из: Англии
Описание: The Great Recession of 2009–11 was not simply a severe business cycle slowdown or even a combined credit, housing, and asset market collapse. It left permanent scars, especially on the advanced economies. In its wake, policy makers must navigate uncharted economic territory where “business as usual” no longer applies and deep structural changes mark the global economic landscape. Fundamental questions about the daunting task of “regrowing growth” have now taken center stage for economists, politicians, and policy makers alike: Will international capital flows be encouraged or discouraged? How open will export markets be, given the structural changes and their implications for employment? How much reliance will there be on market solutions when governments—now overly indebted and wary of additional relief expenditures—are expected to deliver on the promise of economic growth? Without a resurrection of strong economic growth in major economies, the likelihood of rapid economic development in poor developing countries is dampened. The nature of that ascent is the subject of this volume. In Ascent after Decline, more than a dozen distinguished contributors scan the economic horizon, spell out the new fiscal reality, and highlight the policy choices on which economic regrowth will depend. If the Great Recession has taught one lesson, it is that when fundamental shifts occur, the outcomes will entail new elements that shape future directions and affect policy. How these pressing policy questions are answered will, in large measure, determine the future face of globalization.


The Day After Tomorrow: A Handbook on the Future of Economic Policy in the Developing World

Автор: Canuto Otaviano, Giugale Marcelo
Название: The Day After Tomorrow: A Handbook on the Future of Economic Policy in the Developing World
ISBN: 0821384988 ISBN-13(EAN): 9780821384985
Издательство: Mare Nostrum (Eurospan)
Цена: 4389.00 р.
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Описание: The 2008-09 Global Finanical Crisis shook the ground under the conventional wisdom that had guided mainstream development economics. Much of what had been held as true for decades is now open to reexamination--from what the role of governments should be in markets to which countries will be the engines of the world's economy, from what people need to leave poverty to what businesses need to stay competitive. Development economists look into the future. They do not just ask how things work today, but how a new policy, program, or project would make them work tomorrow. They view the world and history as a learning process--past and present are inputs into thinking about what is coming. It is that appetite for a vision of the future that led the authors of 'The Day after Tomorrow: A Handbook on the Future of Economic Policy in the Developing World' to invite some 40 development economists, most of them from the World Bank's Poverty Reduction and Economic Management Network--an epicenter of the profession--to report what they see on the horizon of their technical disciplines and of their geographic areas of specialization. The disconcerting but exciting search for a new intellectual compact has begun. To help guide the discussion, 'The Day after Tomorrow: A Handbook on the Future of Economic Policy in the Developing World' puts forth four key messages: - While the developed world gets its house in order, and macroeconomics and finance achieve a new consensus, developing countries will become a (perhaps the) growth engine for the world. Faster technological learning and more South-South integration will fuel that engine. - Governments in developing countries will be better--they may even begin to earn the trust of their people. - A new, smarter generation of social policy will bring the end of poverty within reach, but the attainment of equality is another matter. - Many regions of the developing world will break out of their "developing" status and will graduate into something akin to "newly developed." Africa will eventually join that group. Others, like Eastern Europe, have a legacy of problems to address before such a transition. While some regions will do better than others, and some technical areas will be clearer than others, there is no question that the horizon of economic policy for developing countries is promising--risky, yes, but promising. The rebalancing of global growth toward, at the very least, a multiplicity of engines, will give the developing world a new relevance.


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