Bilin Neyapti, Associate Professor of Economics, Bilkent University, Turkey

'Bilin Neyapti provides a framework for understanding some of the most important issues confronting the world's economy today. Viewing the government as a social planner charged with the task of delivering sustainable development as a public good, she examines features of global markets such as central bank independence, inflation targeting, monetary unions, and currency boards, in each case evaluating the capacity of the relevant institutions to deliver efficiency, equality, and stability over the long term. Neyapti's broad-ranging and ambitious book should be of value to anyone interested in the development and improvement of the institutions undergirding the world's financial system.'

• Contents: Preface Introduction 1. A Modified Approach to Development Economics 2. The Model and Empirics 3. Fiscal Institutions and Empirical Evidence 4. Institutions of Monetary Policy and the Financial Sector: Theory and Evidence Conclusion References Index

Bilin Neyapti, Associate Professor of Economics, Bilkent University, Turkey

'Bilin Neyapti provides a framework for understanding some of the most important issues confronting the world's economy today. Viewing the government as a social planner charged with the task of delivering sustainable development as a public good, she examines features of global markets such as central bank independence, inflation targeting, monetary unions, and currency boards, in each case evaluating the capacity of the relevant institutions to deliver efficiency, equality, and stability over the long term. Neyapti's broad-ranging and ambitious book should be of value to anyone interested in the development and improvement of the institutions undergirding the world's financial system.'

• Contents: Preface Introduction 1. A Modified Approach to Development Economics 2. The Model and Empirics 3. Fiscal Institutions and Empirical Evidence 4. Institutions of Monetary Policy and the Financial Sector: Theory and Evidence Conclusion References Index

Bilin Neyapti, Associate Professor of Economics, Bilkent University, Turkey

'Bilin Neyapti provides a framework for understanding some of the most important issues confronting the world's economy today. Viewing the government as a social planner charged with the task of delivering sustainable development as a public good, she examines features of global markets such as central bank independence, inflation targeting, monetary unions, and currency boards, in each case evaluating the capacity of the relevant institutions to deliver efficiency, equality, and stability over the long term. Neyapti's broad-ranging and ambitious book should be of value to anyone interested in the development and improvement of the institutions undergirding the world's financial system.'

• Contents: Preface Introduction 1. A Modified Approach to Development Economics 2. The Model and Empirics 3. Fiscal Institutions and Empirical Evidence 4. Institutions of Monetary Policy and the Financial Sector: Theory and Evidence Conclusion References Index