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The Political Economy of Economic Policies - Philip Arestis

The Political Economy of Economic Policies

By: Philip Arestis (Editor), Malcolm C. Sawyer (Editor)

Hardcover

Published: 30th June 1998
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This text provides an examination of the future of economic policy in the next millennium, assessing the reasons for the shift to a more sceptical view of the role of government, given the power of the financial markets and the impact of globalization. These contributions from within the political economy tradition emphasize the lessons from the past about the varieties of forms of capitalism, the importance of public institutions and public policy, and the limitations of the rival laissez-faire approach. The dangers of an unregulated and powerful financial sector for the real side of the economy are a particular focus of attention. Proposals to rectify the shortcomings of financial markets and shift the focus of policy to a greater concern for the poor and excluded are put forward. The message to the economic policy-makers of the future is that markets perform valuable economics and social functions, but perform these better when appropriately regulated and controlled.

Notes on the Contributorsp. vii
Introductionp. 1
Industrial Policies versus Competitiveness Strategies: In Pursuit of Prosperity in the Global Economyp. 14
Competitive Markets and Economic Development: A Commentary on World Bank Analysesp. 60
The Political Economy of the Current US Financial Crisisp. 106
Financial Structures and Egalitarian Economic Policyp. 162
Financial Markets, the State and Economic Development: Controversies within Theory and Policyp. 202
The Tobin Financial Transactions Tax: Its Potential and Feasibilityp. 248
Indexp. 289
Table of Contents provided by Syndetics. All Rights Reserved.

ISBN: 9780333716762
ISBN-10: 0333716760
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 300
Published: 30th June 1998
Publisher: SPRINGER VERLAG GMBH
Country of Publication: GB
Dimensions (cm): 21.59 x 13.97  x 2.06
Weight (kg): 0.54
Edition Number: 1