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003			TR-AnTOB
005			20210825091310.0
006			m o d
007			cr cnu---aaaau
008			120228t20122012maua ob 101 0 eng d
020			_a9780262301831 (eBook)
020			_a9780262017619 (hardcover : alk. paper)
040			_aOCoLC-P _beng _erda _cOCoLC-P _dTR-AnTOB
041	0		_aeng
050		4	_aHB3717 2008 _b.I6 2012
090			_aHB3717 2008 _b.I6 2012EBK
245	0	0	_aIn the wake of the crisis : _bleading economists reassess economic policy / _cedited by Olivier J. Blanchard, David Romer, Michael Spence and Joseph Stiglitz.
264		1	_aCambridge, Massachusetts : _bMIT Press, _c2012.
264		4	_c©2012
300			_a1 online resource (x, 250 pages)
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
504			_aIncludes bibliographical references and index.
505	0		_aMonetary policy -- Questions / Olivier Blanchard and David Romer -- Monetary policy in the wake of the crisis / Olivier Blanchard -- How should the crisis affect our views of monetary policy? / Guillermo Ortiz -- Lessons for monetary policy / Otmar Issing -- Macroeconomics, monetary policy, and the crisis / Joseph Stiglitz -- Fiscal policy -- Questions / Olivier Blanchard and David Romer -- Fiscal stimulii and consolidation / Partho Shome -- What have we learned about fiscal policy from the crisis? / David Romer -- Fiscal policy responses to economic crisis / Mulyani Indrawati -- Fiscal policy / Robert Solow -- Financial intermediation and regulation -- Questions / Blanchard and David Romer -- [ jacob frenkel; still to come] -- Financial crisis and financial intermediation / YV Reddy -- Global liquidity / yun Song Shin -- Measures of increasing financial intensity / Adair Turner -- Capital account management -- Questions / Olivier Blanchard and David Romer -- Notes on capital account management / Ricardo Caballero -- Remarks on capital account management / Arminio Fraga -- Capital account management / Rakesh Mohan -- The case for regulating cross-border capital flows / Jose Antonio Ocampo -- Growth strategies -- Questions / Olivier Blanchard and David Romer -- Comments on growth strategies / Dani Rodrik -- The dynamics of rules / Paul Romer -- Is the Chinese growth model replicable? / Andrew Sheng -- Growth in the post-crisis world / Michael Spence -- The international monetary system -- Overview / Olivier Blanchard and David Romer -- Cross-border banking and foreign currency swap lines / Gumundsson -- The international monetary system / Olivier Jeanne -- International monetary system reform : a practical agenda / Charles Collyns -- The international monetary system / Maurice Obstfeld -- Concluding remarks / Olivier Blanchard -- Bibliographical references -- Index.
520			_aIn 2011, the International Monetary Fund invited prominent economists and economic policy makers to consider the brave new world of the post-crisis global economy. The result is a book that captures the state of macroeconomic thinking at a transformational moment. The crisis and the weak recovery that has followed raise fundamental questions concerning macroeconomics and economic policy. For instance, to what extent are financial markets efficient and self-correcting? How crucial is low and stable inflation for growth and the real stability of the economy? How strong is the case for open capital markets? Too often, the standard models provided insufficient guidance on how to respond to the unprecedented situations created by the crisis. As a result, policy makers have been forced to improvise. What to do when interest rates reach the zero floor? How best to provide liquidity to segmented financial institutions and markets? How much to use fiscal policy starting from high levels of debt? These top economists discuss future directions for monetary policy, fiscal policy, financial regulation, capital account management, growth strategies, and the international monetary system, and the economic models that should underpin thinking about critical policy choices. Among the new realities they consider are the swing of the pendulum toward regulation; the need for new theoretical approaches, incorporating advances in agency theory, behavioral economics, and understanding of credit markets and finance based on theories of imperfect information; and the importance for macroeconomic policy to target not just inflation but also output and financial stability. This title is copublished with The MIT Press.
650		0	_aGlobal Financial Crisis, 2008-2009 _vCongresses _986392
650		0	_aFiscal policy _vCongresses.
650		0	_aMonetary policy _vCongresses.
650		0	_aEconomic development _vCongresses _933691
700	1		_aBlanchard, Olivier _q(Olivier J.) _eeditor _9420
700			_aRomer, David _eeditor _93731
700			_aSpence, Michael _eeditor _9109300
700			_aStiglitz, Joseph E. _eeditor _91491
856	4	0	_zOnline access link to the resource _uhttps://search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=435323
942			_2lcc _cEBK