Economic Policy

양장본 Hardcover

Agnes BenassyQuere 저자(글)

Oxford University Press, USA · 2010년 09월 23일

책 소개

This work presents stylized facts and key questions for modern economic policy together with the essential theoretical tools in major policy fields: fiscal policy, monetary policy, international finance, tax policy, and long-term growth.
Agnes Benassy-Quere is the Director of the CEPII, the French leading research institute in international economics, and a Professor at University Paris-Ouest (on leave). She is a member of France's Commission Economique de la Nation and also teaches at Ecole Polytechnique. Her researchinterests focus on the international monetary system and European macroeconomic policy. Benoit Coeure teaches International Economics and Economic Policy at Ecole Polytechnique in Paris. He has served in various official positions in the French government including as the CEO of France's debtmanagement office, Agence France Tresor and as France's deputy deputy to the G-7 and G-20. He has also been the co-President of the Paris Club. Benoit Coeure has authored articles and books on economic policy, the international monetary system and the economics of European integration. Since January2002, Pierre Jacquet has been Executive Director (in charge of strategy) and Chief Economist at the French Development Agency (AFD). He was formerly Deputy Director of the French Institute of International Relations (IFRI) and Chief Editor of IFRI's quarterly review Politique Etrangere. He isProfessor of International Economics and Chairman of the Department of Economics and Finance at the Ecole des Ponts-ParisTech and a guest professor in executive programs at the French business school INSEAD. His fields of interest include globalization, international monetary and financial issues,trade policies and negotiations, economic policy and development. Jean Pisani-Ferry is the Director of Bruegel, the Brussels-based economic think tank, and a Professor of Economics with Universite Paris-Dauphine. He has had a career in research and policy, both in France and at European level. Hehas been Executive President of the French PM's Council of Economic Analysis, Senior Economic Adviser to the French Minister of Finance, Director of CEPII, the French institute for international economics, and Economic Adviser with the European Commission. He has a regular column in Le Monde andHandelsblatt.
Is the inflation objective of the European central bank set too low? Is European national debt excessive? Is a fixed or floating exchange rate better? Which taxes should be reformed? Can the European standard of living catch up with that of the United States? This book, a translation of a book published in French (de Boeck, 2004), brings precisely argued answers to these questions using rigorous economic analysis. The authors join together for the first time in one volume the fundamentals of the macroeconomic field with analysis of current debates in economic policy. They take the point of view of a policy maker who must intervene in one particular aspect of policy, and thus they put the reader at the cutting edge of the main issues, debates and challenges related to each policy aspect. Economic Policy explores in an open-ended way what various existing theories, macro and micro, have to say on these current policies, and points out the limits of each theory. Overall, it demonstrates to the reader how he or she can build upon the combination of existing theories and also on common sense in order to design adequate policy responses. The work will appeal to a large audience, including students in economics, management, and political science graduate schools, and professional economists and policy makers interested in issues in macroeconomics.
Written by four recognized experts with senior experience in research and government, this text is the first comprehensive survival kit for students and practitioners of economic policy. It is set to become an indispensable resource for everyone involved or interested in modern economic policy. Academic scholars willing to engage in policy discussions and students at graduate or advanced undergraduate levels will find it an essential bridge to the policy world. What makes the book unique is that it combines like no other, facts-based analysis, state-of-the art theories and models, and insights from first-hand policy experience at national and international levels. The book has grown out of ten years of experience teaching economic policy at the graduate level. It provides an intellectually coherent framework to understand the potentialities and limits of economic policy. It addresses positive dimensions (how do policies impact on modern economies?), normative dimensions (what should policymakers aim to achieve and against what should their action be judged?) and political-economy constraints (which are the limits and obstacles to public intervention?). It fills an important gap by reconciling in each major policy area stylized facts of recent economic history, key questions faced by contemporary policymakers, and essential lessons from theory which are captured and explained in a clear, concise, and self-contained way. All major areas of domestic and international policymaking are covered: fiscal policy, monetary policy, international finance and exchange-rate policy, tax policy, and long-term growth policies. The book concludes with a special chapter on the lessons of the financial crisis. The authors are intellectually non-partisan and they draw examples from various countries and experiences; from emerging markets to developing economies, shedding light when necessary on local specificities such as European Union rules and instruments. Economic Policy: Theory and Practice is the essential guide to economic policy in the new post-crisis context.
Written by four recognized experts with senior experience in research and government, this text is the first comprehensive survival kit for students and practitioners of economic policy. It is set to become an indispensable resource for everyone involved or interested in modern economic policy. Academic scholars willing to engage in policy discussions and students at graduate or advanced undergraduate levels will find it an essential bridge to the policy world. What makes the book unique is that it combines like no other, facts-based analysis, state-of-the art theories and models, and insights from first-hand policy experience at national and international levels. The book has grown out of ten years of experience teaching economic policy at the graduate level. It provides an intellectually coherent framework to understand the potentialities and limits of economic policy. It addresses positive dimensions (how do policies impact on modern economies?), normative dimensions (what should policymakers aim to achieve and against what should their action be judged?) and political-economy constraints (which are the limits and obstacles to public intervention?). It fills an important gap by reconciling in each major policy area stylized facts of recent economic history, key questions faced by contemporary policymakers, and essential lessons from theory which are captured and explained in a clear, concise, and self-contained way. All major areas of domestic and international policymaking are covered: fiscal policy, monetary policy, international finance and exchange-rate policy, tax policy, and long-term growth policies. The book concludes with a special chapter on the lessons of the financial crisis. The authors are intellectually non-partisan and they draw examples from various countries and experiences; from emerging markets to developing economies, shedding light when necessary on local specificities such as European Union rules and instruments.Economic Policy: Theory and Practiceis the essential guide to economic policy in the new post-crisis context.
"A revolutionary approach to teaching in macroeconomics...This book will undoubtedly influence researchers and policy makers for many years to come."--Philippe Aghion, Harvard University"A unique combination of positive and normative analysis...paving the way for a fresh approach to understanding and teaching economics."--Erik Bergl?, Chief Economist, EBRD"This book is a book I would have loved to write."--Olivier Blanchard, MIT and Chief Economist, IMF"A remarkable achievement...Let's hope Economic Policy becomes widely used. If so, it will revolutionize the teaching of macroeconomics."--Alan S. Blinder, Princeton University, former Vice-Chairman of the Board of Governors of the Federal Reserve System"A superb job. A must-read for anyone who wants to understand the turbulent times we live in."--Raghuram Rajan, Chicago's Booth School of Business"An indispensable guide for economists, policymakers and students."--Jacques de Larosi?e, BNP-Paribas, former IMF Managing Director"Students and policymakers alike will find this book useful, engaging and thought-provoking."--Philipp Hildebrand, Chairman of the Governing Board, Swiss National Bank
"A revolutionary approach to teaching in macroeconomics...This book will undoubtedly influence researchers and policy makers for many years to come."--Philippe Aghion, Harvard University "A unique combination of positive and normative analysis...paving the way for a fresh approach to understanding and teaching economics."--Erik Bergl f, Chief Economist, EBRD "This book is a book I would have loved to write."--Olivier Blanchard, MIT and Chief Economist, IMF "A remarkable achievement...Let's hopeEconomic Policybecomes widely used. If so, it will revolutionize the teaching of macroeconomics."--Alan S. Blinder, Princeton University, former Vice-Chairman of the Board of Governors of the Federal Reserve System "A superb job. A must-read for anyone who wants to understand the turbulent times we live in."--Raghuram Rajan, Chicago's Booth School of Business "An indispensable guide for economists, policymakers and students."--Jacques de Larosi re, BNP-Paribas, former IMF Managing Director "Students and policymakers alike will find this book useful, engaging and thought-provoking."--Philipp Hildebrand, Chairman of the Governing Board, Swiss National Bank "A fascinating example of how economics can be used to explain a complicated world and come up with convincing policy conclusions."--Hans-Werner Sinn, University of Munich and CESifo "A remarkable achievement, that fills an enormous gap."--Guido Tabellini, Bocconi University "Not just a textbook but also a reflection on the causes and effects of the current global financial and economic crisis."--Yongding Yu, Chinese Academy of Social Sciences "Extremely useful not only for graduate students but also for policymakers and practitioners like myself."--Marco Buti, Director-General for Economic and Financial Affairs, European Commission
"A revolutionary approach to teaching in macroeconomics...This book will undoubtedly influence researchers and policy makers for many years to come."--Philippe Aghion, Harvard University "A unique combination of positive and normative analysis...paving the way for a fresh approach to understanding and teaching economics."--Erik Bergl?, Chief Economist, EBRD "This book is a book I would have loved to write."--Olivier Blanchard, MIT and Chief Economist, IMF "A remarkable achievement...Let's hopeEconomic Policybecomes widely used. If so, it will revolutionize the teaching of macroeconomics."--Alan S. Blinder, Princeton University, former Vice-Chairman of the Board of Governors of the Federal Reserve System "A superb job. A must-read for anyone who wants to understand the turbulent times we live in."--Raghuram Rajan, Chicago's Booth School of Business "An indispensable guide for economists, policymakers and students."--Jacques de Larosi?e, BNP-Paribas, former IMF Managing Director "Students and policymakers alike will find this book useful, engaging and thought-provoking."--Philipp Hildebrand, Chairman of the Governing Board, Swiss National Bank "A fascinating example of how economics can be used to explain a complicated world and come up with convincing policy conclusions."--Hans-Werner Sinn, University of Munich and CESifo "A remarkable achievement, that fills an enormous gap."--Guido Tabellini, Bocconi University "Not just a textbook but also a reflection on the causes and effects of the current global financial and economic crisis."--Yongding Yu, Chinese Academy of Social Sciences "Extremely useful not only for graduate students but also for policymakers and practitioners like myself."--Marco Buti, Director-General for Economic and Financial Affairs, European Commission
"A revolutionary approach to teaching in macroeconomics...This book will undoubtedly influence researchers and policy makers for many years to come."--Philippe Aghion, Harvard University"A unique combination of positive and normative analysis...paving the way for a fresh approach to understanding and teaching economics."--Erik Bergl?, Chief Economist, EBRD"This book is a book I would have loved to write."--Olivier Blanchard, MIT and Chief Economist, IMF"A remarkable achievement...Let's hope Economic Policy becomes widely used. If so, it will revolutionize the teaching of macroeconomics."--Alan S. Blinder, Princeton University, former Vice-Chairman of the Board of Governors of the Federal Reserve System"A superb job. A must-read for anyone who wants to understand the turbulent times we live in."--Raghuram Rajan, Chicago's Booth School of Business"An indispensable guide for economists, policymakers and students."--Jacques de Larosi?e, BNP-Paribas, former IMF Managing Director"Students and policymakers alike will find this book useful, engaging and thought-provoking."--Philipp Hildebrand, Chairman of the Governing Board, Swiss National Bank"A fascinating example of how economics can be used to explain a complicated world and come up with convincing policy conclusions."--Hans-Werner Sinn, University of Munich and CESifo"A remarkable achievement, that fills an enormous gap."--Guido Tabellini, Bocconi University"Not just a textbook but also a reflection on the causes and effects of the current global financial and economic crisis."--Yongding Yu, Chinese Academy of Social Sciences"Extremely useful not only for graduate students but also for policymakers and practitioners like myself."--Marco Buti, Director-General for Economic and Financial Affairs, European Commission
This book is an english language version of Politique ?onomique, previously published in french by De Boeck & Larcier. It fills a major gap by presenting stylized facts and key questions for modern economic policy together with the essential theoretical tools in major policy fields: fiscal policy, monetary policy, international finance, tax policy, and long-term growth. The causes and lessons of the financial crisis are addressed comprehensively.

작가정보

저자(글) Agnes BenassyQuere

목차

• Chapter 1: ConceptsChapter 2. Economic policy in a complex worldChapter 3. Fiscal policyChapter 4: Monetary policyChapter 5: International financial integration and foreign-exchange policyChapter 5: International financial integration and foreign-exchange policyChapter 6: Growth PoliciesChapter 7. Tax policy

기본정보

ISBN	9780195322736 ( 0195322738 )
발행(출시)일자	2010년 09월 23일
쪽수	728쪽
크기	163 * 234 * 51 mm / 1179 g
총권수	1권
언어	영어