Economic Policies, Governance and the New Economics

by Arestis, Philip; Sawyer, Malcolm

• ISBN13: 9781137023506
• ISBN10: 1137023503
• Format: Hardcover
• Copyright: 2013-10-21
• Publisher: Palgrave Macmillan

Summary

This ninth volume of the International Papers in Political Economy (IPPE) series focuses on the theme of the need for and the development of new economic policies, especially so following the events that led to the 'great recession' of 2007 and subsequently. The volume deals with economic policies within the New Economics theoretical framework that was discussed in the eighth volume of IPPE. In doing so this volume concentrates on international issues that relate to economic policies and governance.

This book offers detailed analysis and informed comment on the type of new international economic policies in the aftermath of the financial crisis and global recession. It is essential reading for all postgraduates and scholars looking for expert discussion and debate of the issues surrounding the case for new economic policies at the global level.

Author Biography

Philip Arestis is Director of Research, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK, and Professor at the Department of Applied Economics V, University of the Basque Country, Spain. He is also Distinguished Adjunct Professor of Economics, University of Utah, US; Senior Scholar, Levy Economics Institute, New York, USA; Visiting Professor, University of Leeds, UK; Professorial Research Associate School of Oriental and African Studies (SOAS), University of London, UK; Chief Academic (External) Adviser to the UK Government Economic Service (GES) on Professional Development in Economics; and holder of the 'Queen Victoria Eugenia' award of the British Hispanic Chair of Doctoral Studies. He has published as sole author or editor, as well as co-author and co-editor, a number of books and papers in academic journals.

Malcolm Sawyer is Professor of Economics, Leeds University Business School, University of Leeds, UK, He is the principal investigator for the 5 year 15 partner project Financialisation, Economy, Society and Sustainable Development (www.fessed.eu) funded by the European Commission Framework Programme 7. He is managing editor of International Review of Applied Economics, on the editorial board of a range of journals and editor of the series New Directions in Modern Economics. He has published widely in the areas of post Keynesian and Kaleckian economics, industrial economics and the UK and European economies. He has authored 11 books and edited 18, has published over 80 papers in refereed journals and contributed chapters over 100 books.

Table of Contents

1. The Great Recession, Capital Market Failure and International Financial Regulation; Valpy Fitzgerald
2. A Progressive International Monetary System: Growth Enhancing, Speculation Reducing and Cross-Country Equity; John Weeks
3. The Financial Transactions Tax: Its Potential and Feasibility; Philip Arestis and Malcolm Sawyer
4. Global Imbalances and Capital Movements as Constraints to the International Economic Recovery; Jesús Ferreiro, Patricia Peinado and Felipe Serrano
5. Africa and the Perversities of International Capital Flows; Howard Stein
6. Capital Flows, International Imbalances and Economic Policies in Latin America; Luiz Fernando de Paula and Fernando Ferrari-Filho