Understanding the World Economy / Edition 4

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Overview

Understanding the World Economy gives an up-to-date account of how the world economy is changing. The text follows themes from one side of the world to the other, examining the economic forces at work and the impact they have on us. Looking forward to the new century, the book argues that as trade and finance become increasingly globalised a worldwide perspective will become vital to economists. Key theories are illustrated in contemporary real-world settings and explained in jargon-free, non-technical language. The book will give a comprehensive introduction to students new to the subject whose interest goes beyond their own national economy.
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Editorial Reviews

Booknews
An account of how the world economy is changing. Argues that as trade and finance become increasingly globalized, a worldwide perspective will become vital to economists. The range of topics covered includes international trade and finance, economic development and growth, foreign debt, environmental economics, exchange rates, and currency union. Annotation c. by Book News, Inc., Portland, Or.
From the Publisher
'Students would probably depend rather heavily on a short, approachable text like this.' - Ivan Weir, University of Newcastle, UK
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Product Details

  • ISBN-13: 9780415681315
  • Publisher: Taylor & Francis
  • Publication date: 1/15/2013
  • Edition description: New Edition
  • Edition number: 4
  • Pages: 304
  • Sales rank: 1,143,012
  • Product dimensions: 6.20 (w) x 9.10 (h) x 0.70 (d)

Meet the Author

Tony Cleaver is Visiting Lecturer at the Universidad de los Andes and at Universidad Nacional in Bogotá, Colombia. He is the author of Economics: The Basics, also published by Routledge.

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Table of Contents

1. Going to Market 2. Market Failure and the Great Debate 3. Unemployment and Inflation 4. Free Trade, Regional Agreements and Job Losses 5. The Trade in Primary Resources – Blessing or curse? 6. Customs Unions and Common Markets 7. Money, Banking and International Finance 8. Exchange Rates and Currency Union 9. Financial Crises, Sovereign Debt and Future Reform 10. Economic Development, Growth and Inequality 11. The Economics of Terrorism 12. Environmental Economics: Sustaining spaceship Earth 13. Conclusion: What future awaits us in the twenty-first century and beyond?

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