{"title":"Paolo Mauro","description":null,"products":[{"product_id":"world-on-the-move-consumption-patterns-in-a-more-equal-global-economy-book-paolo-mauro-9780881327168","title":"World on the Move - Consumption Patterns in a More  Equal Global Economy","description":"The world is poised on the threshold of economic changes that will reduce the income gap between the rich and poor on a global scale while reshaping patterns of consumption. Rapid economic growth in emerging-market economies is projected to enable consumers worldwide to spend proportionately less on food and more on transportation, goods, and services, which will in turn strain the global infrastructure and accelerate climate change. The largest gains will be made in poorer parts of the world, chiefly sub-Saharan Africa and India, followed by China and the advanced economies. In this new study, Tomas Hellebrandt and Paolo Mauro detail how this important moment in world history will unfold and serve as a warning to policymakers to prepare for the profound effects on the world economy and the planet.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49648074588433,"sku":"GOR012537147","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ GARDNERS","offer_id":49731847029009,"sku":"NGR9780881327168","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0881327166.jpg?v=1757760246"},{"product_id":"emerging-markets-and-financial-globalization-book-paolo-mauro-9780199272693","title":"Emerging Markets and Financial Globalization","description":"The frequency and virulence of recent financial crises have led to calls for reform of the current international financial architecture. In an effort to learn more about today's international financial environment, the authors turn to an earlier era of financial globalization between 1870 and 1913. By examining data on sovereign bonds issued by borrowing developing countries in this earlier period and in the present day, the authors are able to identify the characteristics of successful borrowers in the two periods. They are then able to show that global crises or contagion are a feature of the 1990s which was hardly known in the previous era of globalization. Finally, the authors draw lessons for today from archival data on mechanisms used by British investors in the 19th century to address sovereign defaults. Using new qualitative and quantitative data, the authors skilfully apply a variety of approaches in order to better understand how problems of volatility and debt crises are dealt with in international financial markets.","brand":"WoB","offers":[{"title":"- \/ - \/ -","offer_id":51089295376657,"sku":"","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":51089298555153,"sku":"NIN9780199272693","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"GB \/ NEW \/ INGRAM","offer_id":52663072719121,"sku":"NLS9780199272693","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/0199272697.jpg?v=1751164493"},{"product_id":"emerging-markets-and-financial-globalization-book-paolo-mauro-9780199226139","title":"Emerging Markets and Financial Globalization","description":"The frequency and virulence of recent financial crises have led to calls for reform of the current international financial architecture. In an effort to learn more about today's international financial environment, the authors turn to an earlier era of financial globalization between 1870 and 1913. By examining data on sovereign bonds issued by borrowing developing countries in this earlier period and in the present day, the authors are able to identify the characteristics of successful borrowers in the two periods. They are then able to show that global crises or contagion are a feature of the 1990s which was hardly known in the previous era of globalization. Finally, the authors draw lessons for today from archival data on mechanisms used by British investors in the 19th century to address sovereign defaults. 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What public services should the state finance with that money? Surveys show that people care more about fairness than efficiency in fiscal and economic matters, and that they are increasingly anxious about inequalities of income, wealth, and opportunities. It’s clear that the choices made by policymakers about who benefits from a given economic policy are also moral choices. In this book, economist Paolo Mauro looks at the interplay between moral perspectives and policy decisions. After analyzing how the role of the state has evolved in response to economic transformations and changing notions of good government, he traces the rising gap between actual practice and what citizens consider to be fair taxation and public service provision policies.  Mauro connects fiscal policy trends to insights from other fields, including ideas from moral philosophy, social science surveys on attitudes toward taxation and public services, and studies of corruption. He offers a concise but compelling overview of philosophy relevant to fiscal issues; considers how people perceive inequalities; traces the moral choices made by states as they develop new policies on taxation and spending; and looks at opportunities and incentives for malfeasance within the system. Building on this, Mauro calls for policymakers to engage with a wider range of moral viewpoints. 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