The New Economy and Macroeconomic Stability

A Neo-Modern Perspective Drawing on the Complexity Approach and Keynesian Economics

By:

Dario Togati

Format:

Paperback / softback

Series:

Routledge Frontiers of Political Economy

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Description

The past decade has seen many leading economies, especially the US, undergo profound structural transformations. Departing from the standard theories employed to explain this phenomenon, here author Togati provides the first broad analysis of the New Economy. In this book, the first to look at the new economy from a post-Keynesian / post-modern perspective, he focuses on its macroeconomic implications, presenting a more balanced view than that provided by orthodox neoclassical analysis, and studying the interaction of key variables such as: * information technology * globalization * the increasing significance of intangibles and financial markets. This ground-breaking book utilizes a 'neo-modern' perspective drawing on complexity theory to advance the study of the stability and dynamic behaviour of economic systems. Togati utilizes the Calvino labels to identify new empirical evidence, and examines the implications for global stability based on New Classical Macroeconomics and Keynsian theory. The analysis developed in this book has important practical and policy implications for the New Economy, making this book essential reading for students, academics and practitioners in this field.

Release date Australia

September 18th, 2009

Author

Dario Togati

Audiences

Professional & Vocational
Tertiary Education (US: College)

Illustrations

2 Line drawings, black and white; 2 Illustrations, black and white

Pages

312

Series

Routledge Frontiers of Political Economy

Dimensions

156x234x18

ISBN-13

9780415547727

Product ID

3236195

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The New Economy and Macroeconomic Stability

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