Maximum Government, Maximum Governance : Reframing India's Macroeconomic
Book Details
Format
Hardback or Cased Book
ISBN-10
9388540050
ISBN-13
9789388540056
Publisher
Manohar Publishers and Distributors
Imprint
Manohar Publishers and Distributors
Country of Manufacture
IN
Country of Publication
GB
Publication Date
Sep 15th, 2023
Print length
238 Pages
Weight
416 grams
Dimensions
14.80 x 22.50 x 2.00 cms
Product Classification:
Politics & governmentMacroeconomics
Ksh 7,600.00
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However, the global financial crisis of 2008 and rising inequalities of Income and wealth in the last decade within and across economies has led to rise of nationalist-populist leaders in many parts of the world.
Austerity, Fiscal consolidation, Fiscal discipline and Fiscal deficit targets have become the buzzwords of contemporary macroeconomic policy. By tracing the history of macroeconomic schools of thought, maximum government, maximum governance explores the origins, essence, shortcomings and deception of mainstream neoliberal Macroeconomics. Arguing that economies are financially constrained, neoliberal macroeconomics dislodged full employment as the target of policy replacing it with a low and stable inflation target. Monetary policy under the control of an independent central Bank became the primary instrument to assist free and globalized markets to propel economies towards full employment.
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