Understanding the World Economy / Edition 4

Understanding the World Economy / Edition 4

by Tony Cleaver
     
 

ISBN-10: 0415681308

ISBN-13: 9780415681308

Pub. Date: 01/15/2013

Publisher: Taylor & Francis

This fourth edition of Understanding the World Economy will continue to provide the reader with the clearest guide available to the global economic scene.

Since the last edition was published in 2006, enormous changes have taken place. The world economy has been in upheaval with the biggest financial crash and ensuing recession since the 1930s; with a

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Overview

This fourth edition of Understanding the World Economy will continue to provide the reader with the clearest guide available to the global economic scene.

Since the last edition was published in 2006, enormous changes have taken place. The world economy has been in upheaval with the biggest financial crash and ensuing recession since the 1930s; with a global re-ordering of economic power relations; with widespread demonstrations by those left behind; with divergent views about where Europe is heading; with a growing scarcity of essential resources; with increasing international terrorism and with increasing concerns of environmental degradation and climate change. To embrace such urgent issues, this text is an almost entirely rewritten version of earlier editions.

Tony Cleaver takes a long look at the evolution of market systems and how they have liberated peoples on one side of the globe and yet driven others into debt, depression and despair. He analyses causes and consequences, and discusses (and sometimes dismisses) economic theories.

Topics covered include:

  • Why crashes occur
  • What causes some countries to grow and others to stagnate
  • Whether the Euro can survive
  • The economic underpinnings of terrorism
  • The dangers of climate change

This book takes the student through the major characteristics of the global economy in jargon-free non-technical language. Chapter summary diagrams and a wealth of boxes and tables make this an essential introduction for undergraduates and A-level students, as well as the casual reader.

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Product Details

ISBN-13:
9780415681308
Publisher:
Taylor & Francis
Publication date:
01/15/2013
Edition description:
Revised
Pages:
304
Product dimensions:
6.20(w) x 9.30(h) x 0.90(d)

Table of Contents

Prefrace to the second edition
Introduction1
1Command, market and mixed economies9
2The transition economies32
3Microeconomics and macroeconomics53
4Unemployment and inflation68
5Free trade, regional agreements and strategic policies91
6Customs unions and common markets108
7Money, banking and international finance125
8Exchange rates and currency union144
9The economics of oil168
10Foreign debt, financial crises and international policemen192
11Development, growth and Asian dragons209
12Environmental economics: sustaining spaceship earth236
Conclusion: into the twenty-first century256
Index262

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