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Maximum Government, Maximum Governance : Reframing India's Macroeconomic

By: (Author) Sashi Sivramkrishna

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Ksh 7,600.00

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 (height x width x thickness): 14.80 x 22.50 x 2.00 cms

Product Classification: Politics & government
Macroeconomics

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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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