Monetarism, Economic Crisis, and the Third WorldKarel Jansen Monetarism, economic crisis, and the Third World / Karel Jansen -- The origins and evolution of monetarism / Robert Mundell -- What is wrong with monetarism? / Francis Cripps -- Monetarism : is the debate closed? / Arnold Heertje -- World crisis and the monetarist answer / Ernest Mandel -- Monetarism and the state socialist world / Michael Ellman -- Structuralism vs monetarism in Latin America / Dudley Seers -- The IMF prescription for structural adjustment in Tanzania / Brian van Arkadie -- International Keynesianism--a solution to the world crisis? / Lal Jayawardena -- Monetarist policies on a world scale / Jacques Polak |
Contents
Monetarism Economic Crisis and the Third | 1 |
The Origins and Evolution of Monetarism | 43 |
What is Wrong with Monetarism? | 55 |
Is the Debate Closed? | 69 |
World Crisis and the Monetarist Answer | 79 |
Monetarism and the State Socialist World | 96 |
The IMF Prescription for Structural | 127 |
International Keynesianism A Solution to | 149 |
Monetarist Policies on a World Scale | 175 |
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Common terms and phrases
achieved allocation argued balance of payments billion Bretton Woods system budget deficit capital markets capitalist cent central banks changes competition Cripps decline demand management dollar domestic economic crisis economic growth economic policy economists effects European expansion expenditure external debt factors finance fiscal policy fixed exchange rates floating exchange rates foreign exchange Friedman full employment gold growth rates income incomes policy industrial countries industrialised countries inflationary institutional interest rates investment Keynesian labour Latin American long-term ment Milton Friedman monetarism monetarist monetary policy money supply Mundell non-oil developing countries OECD oil exporters oil price increase OPEC period Polak political price level problems production programme proposals public sector purchasing power rate of inflation rate of interest real economy real wages recession reduce relative prices result role shift social socialist supply-side supply-side economics surplus Tanzania Third World tion trade unemployment wage share world economy