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Adjusting to global economic change : the dangerous road ahead / Robert A. Levine

Author
Levine, Robert A.
Published
Santa Monica, CA : Rand, 2009.
Physical Description
1 online resource (v, 24 pages) : illustrations
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Open Access Unrestricted online access
Contents
Cover -- Preface -- Acknowledgments -- Adjusting to Global Economic Change: The Dangerous Road Ahead -- History: 19291939 -- Theory -- History: 19391971 -- History: 19721986 -- Theory -- History: 19862000 -- History and Theory: 20002008 -- Prospects -- Policy Responses -- Appendix -- Economic Theory.
Summary
The author combines macroeconomic history with a brief exposition of economic theory that stems from and explains that history and explores how that experience may apply to the future. He examines the Great Depression, World War II and the following prosperous quarter century, the stagflation and recovery of the 1970s and 1980s, the information technology boom that lasted through the 1990s, and the current economic crisis. In most macroeconomic crises, the worst case-depression or inflation-is fairly clear, and modern policymakers have the tools at hand to cope. He warns that the worst case now may be both-stagflation-and makes some brief suggestions about the new tools needed and policy suggestions for escaping the worst effects of the crisis.
Subject(s)
ISBN
9780833048639 (electronic bk.)
0833048635 (electronic bk.)
1282451251
9781282451254
9780833046529
0833046527
Bibliography Note
Includes bibliographical references.
View MARC record | catkey: 27972426