TY  - SER
AU  - Liu, Ang
TI  - Richard C Koo, Pursued Economy: Understanding and Overcoming the Challenging New Realities for Advanced Economies
SN  - 0268-5809
PB  - International Sociology
KW  -  Advanced Economies
KW  -  Economic Development
KW  -  Monetary Policy
KW  -  Pursued Economy
KW  - Macroeconomics
N2  - The Pursued Economy' is a thought-provoking and timely exploration of the complex challenges faced by advanced economies in the ever-evolving global landscape. Authored by prominent economists and experts in the field, this book offers an insightful analysis of the forces reshaping the economic landscape and provides pragmatic strategies to navigate the path ahead. Navigating the transition from the golden era' to the pursued era' of economic development, the author elucidates the shortcomings of traditional economic solutions that once thrived but now falter. The author emphasizes the outdated policy assumptions that have led to an over-reliance on monetary policy, inadvertently exacerbating inequality and distorting economies. The author embarks on a meticulous journey through the intricacies of macroeconomics, weaving historical context with the challenges and shifts of the contemporary global economic landscape. Through real-world examples and a thorough examination of fiscal versus monetary policy dynamics, the author presents a compelling case for reimagining economic frameworks in a rapidly transforming world. This book serves as both a guide and a critique, offering readers a panoramic view of the evolution and implications of macroeconomic theories and practices
UR  - https://doi.org/10.1177/02685809241236844b
ER  -