Macroeconomic Policy in Canada : Time for a Rethinking of Strategy

Macroeconomic Policy in Canada : Time for a Rethinking of Strategy PDF Author: Pierre Fortin
Publisher:
ISBN:
Category : Canada Economic policy 1971-
Languages : en
Pages : 15

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Macroeconomic Policy in Canada : Time for a Rethinking of Strategy

Macroeconomic Policy in Canada : Time for a Rethinking of Strategy PDF Author: Pierre Fortin
Publisher:
ISBN:
Category : Canada Economic policy 1971-
Languages : en
Pages : 15

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Book Description


PEAP Policy Study 90-8. Macroeconomic Policy in Canada: Time for a Rethinking of Strategy

PEAP Policy Study 90-8. Macroeconomic Policy in Canada: Time for a Rethinking of Strategy PDF Author: University of Toronto. Policy and Economic Analysis Program
Publisher:
ISBN:
Category :
Languages : en
Pages :

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Rethinking Restructuring

Rethinking Restructuring PDF Author: Isabella Bakker
Publisher:
ISBN:
Category : History
Languages : en
Pages : 312

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Book Description
"During the past decade Canadian policy-makers have been forced to re-examine familiar forms of government and established programs in the face of growing budget deficits, economic instability, and a rapidly changing global economy. This collection of eighteen original essays presents a critical exploration of the question of political and economic restructuring from the vantage point of gender." "The authors argue that the present shift in the global order is revealing the contradictory effects of what is a dual process of both gender erosion and intensification. With the convergence of male and female job experiences in polarized labour markets, gender appears to be less important in understanding the global political economy; at the same time, gender becomes more of a determining factor in the transformation of politics and markets owing to the changing role of women as workers, care givers, and consumers." "The decline of the Keynesian welfare state has made claims-based politics less viable as a site of struggle for the women's movement. Not only has claims-based politics been replaced by a trend towards community and individual reliance, the women's movement itself has undergone a transformation that precludes a unitary, homogenous approach to policy and politics."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved

Rethinking Productive Development

Rethinking Productive Development PDF Author: Inter-American Development Bank
Publisher: Springer
ISBN: 1137393998
Category : Business & Economics
Languages : en
Pages : 643

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Book Description
Productive transformation requires seizing the opportunities available and opening new ones in a competitive world. Rethinking Productive Development examines the market failures impeding transformation and the government failures that may make the policy remedies worse than the market illness. To address market failures, the authors propose a simple conceptual framework based on the scope and nature of the policy approach. They then systematically analyze country policies through this lens in key areas such as innovation, new firms, financing, human capital, and internationalization to show the power of this way of thinking. Still, the book warns that policymakers cannot be sure what the right policy interventions are and must set up a process to discover them that calls for public-private collaboration. Recognizing that the risk of capture needs to be checked and that even the best policies will fail without the technical, organizational, and political capacity to implement them, the book concludes with ideas on how to design institutions fostering the right incentives and how to grow public sector capabilities over time.

Monetary Policy Strategy

Monetary Policy Strategy PDF Author: Frederic S. Mishkin
Publisher: MIT Press
ISBN: 0262513374
Category : Business & Economics
Languages : en
Pages : 561

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Book Description
A leading academic authority and policymaker discusses monetary policy strategy from the perspectives of both scholar and practitioner, offering theory, econometric evidence, and extensive case studies. This book by a leading authority on monetary policy offers a unique view of the subject from the perspectives of both scholar and practitioner. Frederic Mishkin is not only an academic expert in the field but also a high-level policymaker. He is especially well positioned to discuss the changes in the conduct of monetary policy in recent years, in particular the turn to inflation targeting. Monetary Policy Strategy describes his work over the last ten years, offering published papers, new introductory material, and a summing up, “Everything You Wanted to Know about Monetary Policy Strategy, But Were Afraid to Ask,” which reflects on what we have learned about monetary policy over the last thirty years. Mishkin blends theory, econometric evidence, and extensive case studies of monetary policy in advanced and emerging market and transition economies. Throughout, his focus is on these key areas: the importance of price stability and a nominal anchor; fiscal and financial preconditions for achieving price stability; central bank independence as an additional precondition; central bank accountability; the rationale for inflation targeting; the optimal inflation target; central bank transparency and communication; and the role of asset prices in monetary policy.

Rethinking Expectations

Rethinking Expectations PDF Author: Roman Frydman
Publisher: Princeton University Press
ISBN: 1400846455
Category : Business & Economics
Languages : en
Pages : 441

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Book Description
This book originated from a 2010 conference marking the fortieth anniversary of the publication of the landmark "Phelps volume," Microeconomic Foundations of Employment and Inflation Theory, a book that is often credited with pioneering the currently dominant approach to macroeconomic analysis. However, in their provocative introductory essay, Roman Frydman and Edmund Phelps argue that the vast majority of macroeconomic and finance models developed over the last four decades derailed, rather than built on, the Phelps volume's "microfoundations" approach. Whereas the contributors to the 1970 volume recognized the fundamental importance of according market participants' expectations an autonomous role, contemporary models rely on the rational expectations hypothesis (REH), which rules out such a role by design. The financial crisis that began in 2007, preceded by a spectacular boom and bust in asset prices that REH models implied could never happen, has spurred a quest for fresh approaches to macroeconomic analysis. While the alternatives to REH presented in Rethinking Expectations differ from the approach taken in the original Phelps volume, they are notable for returning to its major theme: understanding aggregate outcomes requires according expectations an autonomous role. In the introductory essay, Frydman and Phelps interpret the various efforts to reconstruct the field--some of which promise to chart its direction for decades to come. The contributors include Philippe Aghion, Sheila Dow, George W. Evans, Roger E. A. Farmer, Roman Frydman, Michael D. Goldberg, Roger Guesnerie, Seppo Honkapohja, Katarina Juselius, Enisse Kharroubi, Blake LeBaron, Edmund S. Phelps, John B. Taylor, Michael Woodford, and Gylfi Zoega.

Analyse de Politiques

Analyse de Politiques PDF Author:
Publisher:
ISBN:
Category : Canada
Languages : en
Pages : 580

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Getting on Track

Getting on Track PDF Author: Canadian Centre for Policy Alternatives
Publisher: McGill-Queen's Press - MQUP
ISBN: 0773508953
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
New Democratic Party governments in Canada have always been strongly committed to redistributing wealth and stabilizing the economy, but present conditions require that they broaden their perspective. They must also find ways of generating wealth if they expect to finance new social programs or protect existing ones. As global pressures intensify, Bob Rae's Ontario NDP government needs to rethink many of its traditional approaches to public policy and discover new policy instruments to tackle the five principal agendas of social democracy: social welfare policy, labour market adjustment, employment equity, industrial strategy, and environmental recovery.

Rethinking Sustainable Development

Rethinking Sustainable Development PDF Author: Seck TAN
Publisher: Taylor & Francis
ISBN: 1040032362
Category : Business & Economics
Languages : en
Pages : 165

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Book Description
This book demonstrates falsified economic performance of global economies when the environment is not recognised as a capital, and when the ecosystem is overlooked towards sustainable development. Seck begins with an analysis of standard macroeconomic framework and policy practice. He argues, with reference to environmental accounting literature, that environmental capital must form an integral component of economic measurement. This paves the way for an alternative environmental-macroeconomics framework for policy analysis that promotes sustainable development. The book demonstrates how environmental capital can be measured with reference to select OECD countries and provides a methodology for analysing how macroeconomic goals are related to a steady-state economy. Seck then concludes with a summary of the conflict between current economic growth and ecosystem preservation, and outlines possible policy improvements and directions for research. Rethinking Sustainable Development is an invaluable reference for policymakers as well as researchers and students of environmental economics, sustainable development, and macroeconomics.

Coordination of Monetary and Fiscal Policies

Coordination of Monetary and Fiscal Policies PDF Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451844239
Category : Business & Economics
Languages : en
Pages : 33

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Book Description
Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.