The road to recovery how and why economic policy must change
BRenowned economist Andrew Smithers offers prescriptive advice and economic theory on avoiding the next financial crisis/b In The Road to Recovery, Andrew Smithers'one of a handful of respected economists to have accurately predicted the most recent global financial crisis'argues that the...
| Autor principal: | |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Chichester, West Sussex :
Wiley
[2013]
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| Colección: | Wiley ebooks.
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| Acceso en línea: | Conectar con la versión electrónica |
| Ver en Universidad de Navarra: | https://innopac.unav.es/record=b46156938*spi |
Tabla de Contenidos:
- Title page; Copyright page; Dedication; Foreword; 1: Introduction; 2: Why the Recovery Has Been So Weak; 3: Alternative Explanations for Today's Low Business Investment and High Profit Margins; 4: Forecasting Errors in the UK and the US; 5: Cyclical or Structural: The Key Issue for Policy; 6: The Particular Problem of Finance and Banking; 7: Japan Has a Similar Problem with a Different Cause; 8: The End of the Post-War Era; 9: Misinformation as a Barrier to Sound Policy Decisions; 10: Avoiding Future Financial Crises; 11: The Current High Level of Risk; 12: Inflation.
- 13: Prospects Not Forecasts14: Tackling the Bonus Culture; 15: The Need for Change in Economic Theory and the Resistance to It; 16: Summary and Conclusions; Appendix 1: Mean Reversion of US Profit Margins; Appendix 2: Goods' Output Requires Much More Capital Than Service Output; Bibliography; A Note on Data Sources; Acknowledgements; Index.
