Ali Kadri examines how over the last three decades the Arab world has undergone a
process of developmental descent, or de-development. Driven by their own class proclivity …

So complete is the consensus which now exists over the desirability of central bank
independence that it is possible to forget how quickly it emerged. Yet it was only in 1988 that …

This paper critically assesses the rise of central bank independence (CBI) as an apparent
success story in modern monetary economics. As to the observed rise in CBI since the late …

The objective of this paper is to reflect on some of the implications that recent economic
experience has for monetary and financial stability policies. We contend that the financial …

Value and Crisis brings together selected essays written by Alfredo Saad-Filho, one of the
most prominent Marxist political economists today. This book examines the labour theory of …

The transition from the Keynesian 'golden age'to the current 'age of neo-liberalism'was one
of the defining events of the international political economy in the post-war era. 2 This …

Third Way Economics Page 1 Third Way Economics Theory and Evaluation Philip B. Whyman
Page 2 Third Way Economics Page 3 Also by Philip Whyman SWEDEN AND THE ‘THIRD …

This chapter is focused on the macroeconomic policies of the European Monetary Union. It
seeks to decipher the type of economic analysis and macroeconomic policies of the …

Page 1 Selection, introduction and editorial content © Masataka Yamaguchi, Dennis Tay,
and Benjamin Blount 2014 Remaining chapters © Contributors 2014 Softcover reprint of the …

It has become a commonplace of discussion among academics, policymakers, and indeed
in opinion-forming society at large, that because of political short-termism, monetary policy is …