The road to recovery : how and why economic policy must change /

• Κύριος συγγραφέας: Smithers, Andrew
• Μορφή: Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Chichester, West Sussex : Wiley, [2013]
• Θέματα: Economic policy.; Financial crises > Prevention.; BUSINESS & ECONOMICS > Economics > Macroeconomics.; POLITICAL SCIENCE > Economic Conditions.; Electronic books.

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...

Πίνακας περιεχομένων:

• 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