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Book Details | |
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Title/Author: | The Return Of Depression Economics / Krugman Paul |
ISBN: | 9781846142390 |
Edition/Binding: | 2008-12-04 / Paperback |
Category: | LEADERSHIP-MANAGEMENT-BUSINESS, |
Returns: | 24 hours return policy with refund * |
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Related Category: LEADERSHIP-MANAGEMENT-BUSINESS,
Currently Unavailable: OUT OF STOCK
Krugman uses the example of a Washington, D.C., babysitting coop to explain the dynamics of recession and inflation. He examines the remarkable emergence of Asia and the precursors to the Asian mess--the Tequila Effect of the mid-'90s that began in Mexico and Japan's fall in the early '90s into an economic malaise. He then analyses the underlying reasons for the collapse of the Thai baht and other Asian currencies as well as the subsequent actions of the IMF and the murky role of hedge funds. In the end, Krugman sees the return of depression economics, which "means that for the first time in two generations, failures on the demand side of the economy--ins…
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