{"title":"New Directions In Modern Economics Series","description":"\u003cp\u003eDelve into cutting-edge economic thought with the 'New Directions in Modern Economics' series. Explore innovative perspectives and challenge conventional wisdom in this vital collection for students and scholars alike.\u003c\/p\u003e","products":[{"product_id":"financialisation-and-the-financial-and-economic-crises-book-eckhard-hein-9781788116824","title":"Financialisation and the Financial and Economic Crises","description":"Financialisation and the Financial and Economic Crises provides comparative, empirical case studies of a diverse set of eleven countries. In particular, the book helps in understanding the current (mal)performance of Euro area economies by explaining the causes of the shifts in growth regimes during and after the crises. It goes well beyond the dominant interpretation of the recent financial and economic crises as being rooted in malfunctioning and poorly regulated financial markets.  The contributions to this book provide detailed accounts of the long-term effects of financialisation and cover the main developments leading up to and during the crisis in eleven selected countries: the US, the UK, Spain, Greece, Portugal, Germany, Sweden, Italy, France, Estonia, and Turkey. The introductory chapter presents the theoretical framework and synthesizes the main findings of the country studies. Furthermore, the macroeconomic effects of financialisation on the EU as a whole are analyzed in the final chapter.   Offering an illuminating overview and invaluable alternative perspective on the long-run developments leading to the recent crises, this book is essential reading for researchers, students and policymakers and an ideal starting point for further research.  Contributors: S. Bahçe, R. Barradas, C.A. 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It considers the increasing effects of globalization on the relationship between national financial systems and investment, which is especially relevant in light of the recent Asian crisis. Marc Schaberg explores the way in which countries finance investment and the institutional arrangements which are in place for channelling finance to investment projects.  He specifically examines the patterns of sources and uses of funds in non-financial enterprise sectors in the US, UK, France, Japan and Germany.  Using time series data and econometric tests, he measures and categorises the financial systems of these countries.  He also assesses the empirical evidence to question the commonly held assumption that financial systems are converging.  Globalization and the Erosion of National Financial Systems will be welcomed by students and scholars working in the areas of money and banking as well as by financial economists.","brand":"WoB","offers":[{"title":"GB \/ VERY_GOOD \/ INTERNAL","offer_id":49646859845905,"sku":"GOR012302943","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1840641592.jpg?v=1751379165"},{"product_id":"income-distribution-growth-and-unemployment-book-piero-ferri-9781802206005","title":"Income Distribution, Growth and Unemployment","description":"Piero Ferri expertly broadens the analysis of the canonical growth cycle approach by presenting a Minsky–Harrod model, examining how the relationship between income distribution, growth and unemployment becomes increasingly complex. Exploring this new technique to generate a process of growth, based not only on history but disequilibrium, he investigates the current income distribution debate further and the challenges it faces.   Written in a succinct yet comprehensive style, Piero Ferri begins by addressing the basic principles, followed by an in-depth look at growth cycle models and how the Minsky–Harrod integrated model would help to unravel the current complexities. The empirical analysis reaches insightful conclusions by justifying the existence of a variety of results and by studying the distributive loop in a dynamic context which is prone to instability.     Teachers of macroeconomics and scholars will find this an invaluable read and will benefit from the practical study and results.  Researchers interested in labour economics and political economy will also find this a thought-provoking book.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":49744228581649,"sku":"NGR9781802206005","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1802206000.jpg?v=1751411414"},{"product_id":"foundations-of-post-keynesian-economic-analysis-book-marc-lavoie-9781852788162","title":"Foundations of Post-Keynesian Economic Analysis","description":"This innovative book demonstrates that it is possible to construct a coherent alternative to neoclassical economics based on the contributions of post Keynesian and Kaleckian economists. 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