Bücher von David (London Business School) Currie

In this book David Currie and Paul Levine address a broad range of issues concerning the design and conduct of macroeconomic policy in open economies. Adopting neo-Keynesian models for which monetary and fiscal policy have short-term real effects, they analyse active stabilisation policies in both a single- and multi-country context.

This volume brings together theoretical and empirical papers on fiscal, monetary and trade linkages between the North and South. The papers examine the use of macroeconomic models to simulate global and inter-regional interactions, and also explore the 'elasticities debate', relative price determination, convergence, and LDCs' adjustment to external shocks.