Name: The Limits of Fiscal, Monetary, and Trade Policies (en Inglés)
Price: 164880.00 CLP
Availability: InStock
Author: Jonathan Edward Leightner
ISBN: 9789814571876

portada The Limits of Fiscal, Monetary, and Trade Policies (en Inglés)

The Limits of Fiscal, Monetary, and Trade Policies (en Inglés)

Formato

Libro Físico

Editorial

World Scientific Pub Co Inc

Autor

Jonathan Edward Leightner

Idioma

Inglés

Encuadernación

Tapa Blanda

ISBN13

9789814571876

The Limits of Fiscal, Monetary, and Trade Policies (en Inglés)

Jonathan Edward Leightner (Autor) · World Scientific Pub Co Inc · Tapa Blanda

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Reseña del libro "The Limits of Fiscal, Monetary, and Trade Policies (en Inglés)"

Sixteen countries across the world -- including the United States and many European nations -- have fallen into economic crises since the late 1990s. In The Limits of Fiscal, Monetary, and Trade Policies: International Comparisons and Solutions, Jonathan E Leightner convincingly argues that the fundamental cause of the global malaise is a surplus of savings. He provides compelling evidence (via statistical estimates) that fiscal, monetary, and trade policies cannot solve the resulting problems since their effectiveness has plummeted. Leightner also shows that the solution to the current global economic woes is a "consumption driven growth model" (which China advocates but has yet to fully implement) because when there is insufficient consumption, excess savings will remain idle, seek a return from rent or deception, or fund speculative bubbles.