Adam Posen - Böcker

How should governments and central banks use monetary policy to create a healthy economy? Traditionally, policymakers have used such strategies as controlling the growth of the money supply or pegging the exchange rate to a stable currency. In rec...

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Will the Japanese government take the decisive but manageable policy actions needed to bring about economic recovery? Despite claims to the contrary, macroeconomic expansion has yet to be seriously tried in Japan. Criticism of current Japanese mac...

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Japan is only one of many industrialized economies to suffer a financial crisis in the past 15 years, but it has suffered the most from its crisis-as measured in lost output and investment opportunities, and in the direct costs of clean-up. Compar...

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The euro is the only major currency to be created in the 20th century; it now stands on the brink of becoming one of the world's two reserve currencies in the 21st century. The euro's use and development shape the entire agenda for ever-closer uni...

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Over the first ten years of its existence, the euro has proved to be more than a powerful symbol of collective identity. It has provided price stability to previously inflation-prone countries; it has offered a shelter against currency crises; and...

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Over the first ten years of its existence, the euro has proved to be more than a powerful symbol of collective identity. It has provided price stability to previously inflation-prone countries; it has offered a shelter against currency crises; and...

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The Asian financial crisis of 1997-98 was devastating for the region, but policymakers at least believed that they gained a great deal of knowledge on how to prevent, mitigate, and resolve crises in the future. Fifteen years later, the Asian devel...

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The Asian financial crisis of 1997-98 was devastating for the region, but policymakers at least believed that they gained a great deal of knowledge on how to prevent, mitigate, and resolve crises in the future. Fifteen years later, the Asian devel...

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This volume analyze the impact of sustained lower productivity growth on public finances, social protection, trade, capital flows, wages, and inequality. It concludes that slow productivity growth could aggravate inequality and increase concentrat...

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Labor productivity growth in the United States and other advanced countries has slowed dramatically since the mid-2000s, a major factor in their economic stagnation and political turmoil. Economists have been debating the causes of the slowdown an...

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Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as ¿secular stagnation.¿ Leading experts discuss the fiscal and monetary policy challenges of reviving growth without generating domestic f...

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Economic growth, inflation, and interest rates have declined in Asia, just as they have in the United States and Europe. Sustaining Economic Growth in Asia explores the relevance to several Asian economies of the diagnosis known as "e;secular ...

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This book offers research on how climate change mitigation may yield benefits or impose costs on the global economy.

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