Japanese Institutionalist Post-Keynesians Revisited

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Author :
Publisher : Springer Nature
ISBN 13 : 9811986886
Total Pages : 144 pages
Book Rating : 4.8/5 (119 download)

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Book Synopsis Japanese Institutionalist Post-Keynesians Revisited by : Hiroyasu Uemura

Download or read book Japanese Institutionalist Post-Keynesians Revisited written by Hiroyasu Uemura and published by Springer Nature. This book was released on 2023-03-09 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book that systematically considers the academic achievements of Japanese institutionalist post-Keynesian economists in the postwar period and argues that we can learn much from their intellectual heritage. Those Japanese economists include the world-renowned figures, Shigeto Tsuru and Hirofumi Uzawa, whose inheritance came from Keynes, Marx, and institutionalism. In the era of globalization after the 1990s, economic inequality and social divide have intensified all over the world. In this situation, the academic achievements of those economists in postwar Japan should be reconsidered for the aim of establishing a new political economy. With this perspective, the book looks at what we can learn from Japanese institutionalist post-Keynesian economists In particular, the essence of research work that each of them developed is identified, focusing on the total image of the economy for contemporary capitalism. Those economists benefited from the diverse legacies of Keynes, Marx, Kalecki and institutionalist economists such as Veblen and Galbraith. When their research is examined systematically, Japanese institutionalist post-Keynesians are commonly characterized as those who developed their institutional analysis of contemporary capitalism with in-depth theoretical and empirical studies, with the aim of establishing their own political economy as the moral science of civil society. These important features provide us with insightful implications for institutional economics in the 21st century.

Japanese Political Economy Revisited

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Author :
Publisher : Routledge
ISBN 13 : 0429884559
Total Pages : 162 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Japanese Political Economy Revisited by : David Chiavacci

Download or read book Japanese Political Economy Revisited written by David Chiavacci and published by Routledge. This book was released on 2020-11-25 with total page 162 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last 30 years, the Japanese political economy system has experienced significant changes that are usually not well understood or analysed because of their complexity and contradictions. This book provides new analyses and insights on the process of evolving Japanese political economy including Japan’s current economic policy known as Abenomics. The first three chapters looks at evolutions at the corporate level, characterised in recent years by increasing firm heterogeneity. The authors apply theoretically driven analyses to the complex subject of corporate governance, human resource management and corporate reporting by discussing new developments in context of their economic opportunities as well as of their institutional contradictions with continuities in Japanese business practices. The second group of chapters deals with institutional changes and evolving economic reforms on the macro level of political economy. The two chapters focus on the financial system regulation and economic growth policies as two central elements of Japan’s political economy and key drivers in the evolution of its economy. Their analysis allows us to better understand the interplay between reforms and change in consumption credit and to reinterpret Abenomics as a manifestation of ongoing contradictions within the Japanese political economy. The chapters were originally published in a special issue in Japan Forum.

Institutional Economics Revisited

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Author :
Publisher : Cambridge University Press
ISBN 13 : 9780521599726
Total Pages : 226 pages
Book Rating : 4.5/5 (997 download)

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Book Synopsis Institutional Economics Revisited by : Shigeto Tsuru

Download or read book Institutional Economics Revisited written by Shigeto Tsuru and published by Cambridge University Press. This book was released on 1997-07-24 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Shigeto Tsuru is one of Japan's most respected senior economists. In these lectures, he provides a reappraisal of institutionalism as a school of thought and discusses its relevance for the issues which the economic profession today must tackle. Tsuru reconsiders Marxian political economy as an 'institutionalist school', which provides a context for the following discussion of J. M. Keynes, Joseph Schumpeter and Thorstein Veblen. He goes on to present the four key elements of modern institutionalism - i.e., the open-system character of the economy; the problem of planning; the evolutionary process of modern economics; and the normative character of economics - by way of an examination of three present-day institutionalists, Gunnar Myrdal, John K. Galbraith, and K. William Kapp. Tsuru concludes with an evaluation of modern institutionalism and the future of institutional economics.

A Modern Guide to Post-Keynesian Institutional Economics

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 : 180088575X
Total Pages : 424 pages
Book Rating : 4.8/5 (8 download)

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Book Synopsis A Modern Guide to Post-Keynesian Institutional Economics by : Whalen, Charles J.

Download or read book A Modern Guide to Post-Keynesian Institutional Economics written by Whalen, Charles J. and published by Edward Elgar Publishing. This book was released on 2022-04-19 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Modern Guide advances Post-Keynesian Institutional economics, an integrative tradition—inspired by keen economic observers such as John Kenneth Galbraith, Joan Robinson, and Hyman Minsky—that bridges Institutional and Post Keynesian economics. The tradition proved its worth by addressing the global financial crisis of 2007–2009, as well as by analyzing long-term trends accompanying the evolution of investor-driven (“money manager”) capitalism, including financialization, spreading worker insecurity, and rising inequality. The book begins with the history and contours of Post-Keynesian Institutionalism, and then breaks new ground, extending recent analyses of contemporary economic problems, sharpening concepts and methods, sketching new theories, and synthesizing ideas across research traditions.

Diversity and Transformations of Asian Capitalisms

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Author :
Publisher : Routledge
ISBN 13 : 1136651144
Total Pages : 417 pages
Book Rating : 4.1/5 (366 download)

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Book Synopsis Diversity and Transformations of Asian Capitalisms by : Robert Boyer

Download or read book Diversity and Transformations of Asian Capitalisms written by Robert Boyer and published by Routledge. This book was released on 2013-05-13 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: Among a vast literature on the Asian economies, the book proposes a distinctive approach, inspired by Régulation Theory, in order to understand the current transformations of the Asian economies. The book follows their transformations after the 1997 Asian crisis until the subprime crisis. During this period, the viability of their growth regime was to coherence of five basic institutional forms: the degree of competition and insertion into the world economy, the nature of labour market organization, the monetary and exchange rate regimes and finally the style for State intervention via legislation, public spending and tax. The book provides new findings. The degree of financial liberalization and opening to the world economy largely determines the severity of the 2008-2009 recession and the political-economic reactions of each Asian countries to the subprime crisis. Asian capitalisms are distinct from American and European ones, but they are quite diverse among themselves, and this differentiation has been widening during the last decade. This book will help to shed light on a de facto regional economic integration is taking place in Asia, but unsolved past political conflicts do hinder the institutionalisation of these interdependencies.

Mediterranean Capitalism Revisited

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Author :
Publisher : Cornell University Press
ISBN 13 : 1501761080
Total Pages : 182 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis Mediterranean Capitalism Revisited by : Luigi Burroni

Download or read book Mediterranean Capitalism Revisited written by Luigi Burroni and published by Cornell University Press. This book was released on 2022-01-15 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mediterranean Capitalism Revisited brings together leading experts on the political economies of southern Europe—specifically Greece, Italy, Spain, and Portugal—to closely analyze and explain the primary socioeconomic and institutional features that define "Mediterranean capitalism" within the wider European context. These economies share a number of features, most notably their difficulties to provide viable answers to the challenge of globalization. By examining and comparing such components as welfare, education and innovation policies, cultural dimensions, and labor market regulation, Mediterranean Capitalism Revisited attends to both commonalities and divergences between the four countries, identifying the main reasons behind the poor performance of their economies and slow recovery from the Great Recession of 2007–2008. This volume also sheds light on the process of diversification among the four countries and addresses whether it did and still does make sense to speak of a uniquely Mediterranean model of capitalism. Contributors: Alexandre Afonso, Leiden University; Lucio Baccaro, Max Planck Institute for the Study of Societies; Rui Branco, NOVA University of Lisbon; Fabio Bulfone, Max Planck Institute for the Study of Societies; Giliberto Capano, University of Bologna; Sabrina Colombo, University of Milan; Lisa Dorigatti, University of Milan; Ana M. Guillén, University of Oviedo; Matteo Jessoula, University of Milan; Andrea Lippi, University of Florence; Manos Matsaganis, Polytechnic University of Milan; Oscar Molina, Autonomous University of Barcelona; Manuela Moschella, Scuola Normale Superiore; Sofia A. Pérez, Boston University; Gemma Scalise, University of Bergamo; Arianna Tassinari, Max Planck Institute for the Study of Societies.

The Chicago Plan Revisited

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1475505523
Total Pages : 71 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis The Chicago Plan Revisited by : Mr.Jaromir Benes

Download or read book The Chicago Plan Revisited written by Mr.Jaromir Benes and published by International Monetary Fund. This book was released on 2012-08-01 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: At the height of the Great Depression a number of leading U.S. economists advanced a proposal for monetary reform that became known as the Chicago Plan. It envisaged the separation of the monetary and credit functions of the banking system, by requiring 100% reserve backing for deposits. Irving Fisher (1936) claimed the following advantages for this plan: (1) Much better control of a major source of business cycle fluctuations, sudden increases and contractions of bank credit and of the supply of bank-created money. (2) Complete elimination of bank runs. (3) Dramatic reduction of the (net) public debt. (4) Dramatic reduction of private debt, as money creation no longer requires simultaneous debt creation. We study these claims by embedding a comprehensive and carefully calibrated model of the banking system in a DSGE model of the U.S. economy. We find support for all four of Fisher's claims. Furthermore, output gains approach 10 percent, and steady state inflation can drop to zero without posing problems for the conduct of monetary policy.

Monetary Policy and Central Banking

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Publisher : Edward Elgar Publishing
ISBN 13 : 1849807361
Total Pages : 273 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Monetary Policy and Central Banking by : Louis-Philippe Rochon

Download or read book Monetary Policy and Central Banking written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2012 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: Has the economic and financial crisis changed the way we conduct monetary policy? Is quantitative easing consistent with the endogeneity of money? These are but two of the questions this new book explores. The various contributors offer interesting and new perspectives on the conduct of monetary policy during the crisis, and provide sharp criticism of central bank policies in the US and Europe. A must read for all those interested in a critical analysis of monetary policy.

Post Keynesian Econometrics, Microeconomics and the Theory of the Firm

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Author :
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Post Keynesian Econometrics, Microeconomics and the Theory of the Firm by : Sheila C. Dow

Download or read book Post Keynesian Econometrics, Microeconomics and the Theory of the Firm written by Sheila C. Dow and published by Edward Elgar Publishing. This book was released on 2002 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: While the first conference (1993) focused on methodological issues, the 13 papers of the second are more concerned with developments in theory, empirical work, and policy questions as they seek to carry on the insights of economist John Maynard Keynes into and through the 1990s. Among the themes are the relationship between microeconomic and macroeconomic levels, uncertainty and its implications for individual behavior as it underpins macroeconomic behavior, and applying post- Keynesian theory to policy questions particularly in the international arena. The proceedings of the first conference were published under a separate title, and this series begins Volume One with the second conference. Annotation copyrighted by Book News, Inc., Portland, OR

The End of Diversity?

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Publisher : Cornell University Press
ISBN 13 : 150171144X
Total Pages : 425 pages
Book Rating : 4.5/5 (17 download)

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Book Synopsis The End of Diversity? by : Kozo Yamamura

Download or read book The End of Diversity? written by Kozo Yamamura and published by Cornell University Press. This book was released on 2018-05-31 with total page 425 pages. Available in PDF, EPUB and Kindle. Book excerpt: After the devastation of World War II, Germany and Japan built national capitalist institutions that were remarkably successful in terms of national reconstruction and international competitiveness. Yet both "miracles" have since faltered, allowing U.S. capital and its institutional forms to establish global dominance. National varieties of capitalism are now under intense pressure to converge to the U.S. model. Kozo Yamamura and Wolfgang Streeck have gathered an international group of authors to examine the likelihood of convergence—to determine whether the global forces of Anglo-American capitalism will give rise to a single, homogeneous capitalist system. The chapters in this volume approach this question from five directions: international integration, technological innovation, labor relations and production systems, financial regimes and corporate governance, and domestic politics. In their introduction, Yamamura and Streeck summarize the crises of performance and confidence that have beset German and Japanese capitalism and revived the question of competitive convergence. The editors ask whether the two countries, confronted with the political and economic exigencies of technological revolution and economic internationalization, must abandon their distinctive institutions and the competitive advantages these have yielded in the past, or whether they can adapt and retain such institutions, thereby preserving the social cohesion and economic competitiveness of their societies.

The Pathology of the U.S. Economy Revisited

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Author :
Publisher : Springer
ISBN 13 : 0230108237
Total Pages : 247 pages
Book Rating : 4.2/5 (31 download)

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Book Synopsis The Pathology of the U.S. Economy Revisited by : M. Perlman

Download or read book The Pathology of the U.S. Economy Revisited written by M. Perlman and published by Springer. This book was released on 2002-01-12 with total page 247 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book describes the deep contradictions plague market economies. It shows how the influence of these contradictions sometimes subsides, allowing the economy to perform relatively well. But in time, these contradictions accumulate and economy declines as if it suffers from some degenerative disease. The policies designed to rise above these contradictions often spawn even more severe contradictions. This book describes how these contradictions have affected the economy of the United States in the past and the dangers that the future poses. For example, policies to stimulate the economy eventually lead to stagnation. Policies to make hold down wages make business even more uncompetitive. It also analyzes the destructive consequences of the military, finance, and the Federal Reserve. Finally, it debunks the mythological promise of a New Economy.

Post Keynesian Price Theory

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1139426974
Total Pages : 293 pages
Book Rating : 4.1/5 (394 download)

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Book Synopsis Post Keynesian Price Theory by : Frederic S. Lee

Download or read book Post Keynesian Price Theory written by Frederic S. Lee and published by Cambridge University Press. This book was released on 1999-02-04 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book sets out the foundations of post-Keynesian price theory. Blending theory and analysis it is the first comprehensive assessment of post-Keynesian price theory and its foundations. Scholars and students will particularly welcome the emphasis on the non-neoclassical and non-equilibrium nature of post-Keynesian price theory.

The General Theory of Employment, Interest, and Money

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Author :
Publisher : Springer
ISBN 13 : 3319703447
Total Pages : 404 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis The General Theory of Employment, Interest, and Money by : John Maynard Keynes

Download or read book The General Theory of Employment, Interest, and Money written by John Maynard Keynes and published by Springer. This book was released on 2018-07-20 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

Institutional and Technological Change in Japan's Economy

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Author :
Publisher : Routledge
ISBN 13 : 113420681X
Total Pages : 230 pages
Book Rating : 4.1/5 (342 download)

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Book Synopsis Institutional and Technological Change in Japan's Economy by : Janet Hunter

Download or read book Institutional and Technological Change in Japan's Economy written by Janet Hunter and published by Routledge. This book was released on 2006-06-28 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Institutional and technological change is a highly topical subject. At the theoretical level, there is much debate in the field of institutional economics about the role of technological change in endogenous growth theory. At a practical policy level, arguments rage about how Japan and the Japanese economy should plan for the future. In this book, leading economists and economic historians of Japan examine a range of key issues concerning institutional and technological change in Japan, rigorously using discipline-based tools of analysis, and drawing important conclusions as to how the process of change in these areas actually works. In applying these ideas to Japan, the writers in this volume are focusing on an issue which is currently being much debated in the country itself, and are helping our understanding of the world’s second-largest economy.

Japanese Capitalism in Crisis

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Author :
Publisher : Routledge
ISBN 13 : 1134626754
Total Pages : 257 pages
Book Rating : 4.1/5 (346 download)

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Book Synopsis Japanese Capitalism in Crisis by : Robert Boyer

Download or read book Japanese Capitalism in Crisis written by Robert Boyer and published by Routledge. This book was released on 2000-04-13 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is invaluable for students and researchers studying the economies of Japan and other East Asian countries as well as all those interested in patterns of boom and recession worldwide.

Social Structures of Accumulation

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Publisher : Cambridge University Press
ISBN 13 : 9780521459044
Total Pages : 340 pages
Book Rating : 4.4/5 (59 download)

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Book Synopsis Social Structures of Accumulation by : David Michael Kotz

Download or read book Social Structures of Accumulation written by David Michael Kotz and published by Cambridge University Press. This book was released on 1994-08-26 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: The social structure of accumulation (SSA) approach seeks to explain the long-term fortunes of capitalist economies in terms of the effect of political and economic institutions on growth rates. This book offers an ideal introduction to this powerful tool for understanding capitalist growth, analysing the social and economic differences between countries and the reasons for the successes and failures of institutional reform. The contributors cover a wide range of topics, including the theoretical basis of the SSA approach, the postwar financial system, Marxian and Keynesian theories of economic crisis, labour-management relations, race and gender issues, and the history of institutional innovation. Combining newly written essays with classic articles of the SSA school, the book examines the international economy and the economies of Japan, South Africa, and Puerto Rico, as well as the United States.

New Perspectives on Industrial Policy for a Modern Britain

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Publisher : Oxford University Press, USA
ISBN 13 : 0198706200
Total Pages : 477 pages
Book Rating : 4.1/5 (987 download)

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Book Synopsis New Perspectives on Industrial Policy for a Modern Britain by : David Bailey

Download or read book New Perspectives on Industrial Policy for a Modern Britain written by David Bailey and published by Oxford University Press, USA. This book was released on 2015 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the aftermath of the global financial crisis and the ensuing recession, economic debate has begun to shift towards 'rebalancing' the UK economy, away from an over-reliance upon consumerism and the financial sector to generate growth, towards more sustainable productive activities. The fallout from the crisis exposed systemic failings to deliver balanced growth, and there is now increasing recognition that this 'rebalancing' might best be achieved through the state pursuing an active 'industrial policy'. This book offers a broad set of perspectives on the many facets of industrial policy.