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The Other Half of Macroeconomics and the Fate of Globalization

by Richard C. Koo
RM44.00 MYR
Compare to estimated retail price: RM284.00 MYR  

The item you've got your eye on is secondhand. You probably already know that, but just in case!

The estimated retail price shown next to any listed item represents the first-hand prices we've seen elsewhere, or the estimated original retail price of a comparable item of the same quality, construction and material offered elsewhere in new condition.

The Other Half of Macroeconomics and the Fate of Globalization
The Other Half of Macroeconomics and the Fate of Globalization

Rethinks macroeconomics for today's global challenges.

If you're feeling skeptical about traditional economic theories, especially after the recent financial crises, Richard C. Koo's book could be a breath of fresh air. Koo not only critiques the shortcomings of the economics profession but also provides insightful analysis and proposals for the way forward. By addressing issues like stagnation and income inequality, this book offers a compelling read for anyone interested in the future of global economies and policymaking.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.

The Other Half of Macroeconomics and the Fate of Globalization

by Richard C. Koo
RM44.00 MYR
Compare to estimated retail price: RM284.00 MYR  

The item you've got your eye on is secondhand. You probably already know that, but just in case!

The estimated retail price shown next to any listed item represents the first-hand prices we've seen elsewhere, or the estimated original retail price of a comparable item of the same quality, construction and material offered elsewhere in new condition.

Condition guide

Book Condition Guide

Books in Like New Condition

This book may contain very minor cosmetic defects, but it is in pristine condition. There should be no yellowing, no foxing, no water damage, and no annotations of any kind on the cover and the pages. For paperbacks, there should not be any crease marks on the spine. This book is good as new — lucky you!

*Books may be missing bundle media (e.g. CD, e-book code), if included.

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This book has been used, but it is still in a clean condition. There should be no foxing or annotations of any kind on the inner pages, but a sparse amount may be present on the cover, title pages, or outside edges of the book. There should be no water damage of any kind. For paperbacks, there may be light crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

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We do our best to ensure the quality of our books, but there is no escaping the wear and tear that comes with time. Slight foxing and some annotations may be present on the pages and the cover. There should be no water damage of any kind. For paperbacks, there may be several crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

Books in Well Read Condition

This is a well-read book, which means that the previous owner probably really enjoyed it! The cover and pages may include moderate foxing and annotations, but the text is not obscured and still readable. Moderate cosmetic defects and minor water damage may be present on the edges of the book. For paperbacks, there may be multiple crease marks on the spine.

*Books may be missing bundle media (e.g. CD, e-book code), if included.

 

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ISBN: 9781119482154
Authors: Richard C. Koo
Publisher: Wiley
Date of Publication: 2018-04-09
Format: Hardcover
Related Collections: Economics, Politics
Related Topics: Finance, Political Science, Social Science, Theory, Money, Government
Goodreads rating: 4.33
(rated by 80 readers)

Description

Get a new perspective from the 'other half' of macroeconomics. The failure of the vast majority of economists in government, academia and the private sector to predict either the post-2008 Great Recession or its severity has raised serious credibility issues for the profession. The repeated failures of central banks and other policymakers in all advanced countries to meet their inflation or growth targets in spite of astronomical monetary easing have left the public rightfully suspicious of the establishment and its economists. The Other Half of Macroeconomics and the Fate of Globalization elucidates what was missing in economics all along and what changes are needed to make the profession relevant to the economic challenges of today. Once the other half of macroeconomics is understood both as a post-bubble phenomenon and as a phase of post-industrial economies, it should be possible for policy makers to devise appropriate measures to overcome difficulties advanced countries are facing today such as stagnation and income inequality. It shows how it’s possible to devise appropriate policy response to slow wage and productivity growth in these economies. It demonstrates that the effectiveness of monetary and fiscal policy changes as an economy undergoes different stages of development. It argues that tax rules, regulations and even educational system must be revised to match the need of pursued (by emerging nations) countries. It explains the 200-year process of economic development and where that process is taking all of us. Inside, Richard C. Koo offers a completely new way of looking at the economic predicament of advanced countries today.
 

Rethinks macroeconomics for today's global challenges.

If you're feeling skeptical about traditional economic theories, especially after the recent financial crises, Richard C. Koo's book could be a breath of fresh air. Koo not only critiques the shortcomings of the economics profession but also provides insightful analysis and proposals for the way forward. By addressing issues like stagnation and income inequality, this book offers a compelling read for anyone interested in the future of global economies and policymaking.

Note: While we do our best to ensure the accuracy of cover images, ISBNs may at times be reused for different editions of the same title which may hence appear as a different cover.