Macroeconomics in the Global Economy by Jeffrey D Sachs

Macroeconomics in the Global Economy by Jeffrey D Sachs

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Summary

Takes an open economy approach to macroeconomics, and includes macro theory at work in Russia, Poland, and Bolivia.

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Macroeconomics in the Global Economy by Jeffrey D Sachs

Takes an open economy approach to macroeconomics, and includes macro theory at work in Russia, Poland and Bolivia.* a focus throughout the book on the global economy and the international aspects of macroeconomics recognizes that all economies in the world are linked through international markets for goods, services, and capital. Open-economy models are used throughout the book. * the ways that countries differ in their important macroeconomic institutions (such as in the patterns of wage setting) are carefully examined, and then those institutional differences are related to observed differences in macroeconomic performance. * recent advances in macroeconomic theory are covered, particularly regarding the role of expectations; the intertemporal choices of households, firms, and the government; and the modern theory of economic policy, including the problems of time consistency and international policy coordination. * boxed features examine topics of interest including "Social Security and Saving", "The Central Bank and Politics", "Currency Convertibility", "The Sacrifice Ratio and the Reagan Disinflation", and "Social Development and the Debt Crisis". * each chapter concludes with a Summary, Key Concepts, and Problems and Questions.
Jeffrey D. Sachs is a world-renowned professor of economics, leader in sustainable development, senior UN advisor, bestselling author, and syndicated columnist whose monthly newspaper columns appear in more than one hundred countries. He is the director of the Earth Institute at Columbia University and Special Advisor to UN secretary-general Ban Ki-moon on the Millennium Development Goals, which are designed to reduce extreme poverty, disease, and hunger, a position he also held under former UN secretary-general Kofi Annan. Sachs directs the UN Sustainable Development Solutions Network on behalf of the secretary-general. He has received many honors around the world, including the Sargent Shriver Award for Equal Justice, India's Padma Bhushan award, Poland's Commanders Cross of the Order of Merit, and many honorary degrees. He has twice been named among the hundred most influential leaders in the world by Time magazine.
SKU Unavailable
ISBN 13 9780131022522
ISBN 10 0131022520
Title Macroeconomics in the Global Economy
Author Jeffrey D Sachs
Condition Unavailable
Binding Type Hardback
Publisher Pearson Education (US)
Year published 1993-08-01
Number of pages 798
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.