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Swings and the Rules-Discretion Balance

John B. Taylor

in Rethinking Expectations: The Way Forward for Macroeconomics

Published in print:
2013
Published Online:
October 2017
ISBN:
9780691155234
eISBN:
9781400846450
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691155234.003.0013
Subject:
Economics and Finance, Macro- and Monetary Economics

This chapter examines two major swings in the balance between rules and the discretion of policymakers in U.S. economic policymaking in the past four decades: one in favor of rules and the other in ... More


An Economist in the Real World: The Art of Policymaking in India

Kaushik Basu

Published in print:
2015
Published Online:
September 2016
ISBN:
9780262029629
eISBN:
9780262331678
Item type:
book
Publisher:
The MIT Press
DOI:
10.7551/mitpress/9780262029629.001.0001
Subject:
Economics and Finance, South and East Asia

In 2009, the economist Kaushik Basu left the world of academic research for the nuts and bolts of policymaking. Appointed by the then Prime Minister of India, Manmohan Singh, to be chief economic ... More


The National Origins of Policy Ideas: Knowledge Regimes in the United States, France, Germany, and Denmark

John L. Campbell and Ove K. Pedersen

Published in print:
2014
Published Online:
October 2017
ISBN:
9780691150314
eISBN:
9781400850365
Item type:
book
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691150314.001.0001
Subject:
Political Science, Comparative Politics

In politics, ideas matter. They provide the foundation for economic policymaking, which in turn shapes what is possible in domestic and international politics. Yet until now, little attention has ... More


Argentina and the IMF in Turbulent Times, 1976–1984

Stephen C. Nelson

in The Currency of Confidence: How Economic Beliefs Shape the IMF’s Relationship with Its Borrowers

Published in print:
2017
Published Online:
September 2017
ISBN:
9781501705120
eISBN:
9781501708305
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9781501705120.003.0004
Subject:
Political Science, Political Economy

This chapter examines Argentina's relationship with the International Monetary Fund (IMF) during the period 1976–1984. It tracks Argentina's engagement with the IMF from the arrival of a Fund mission ... More


Introduction: Integrating China into the Liberal International Order

Yeling Tan

in Disaggregating China, Inc.: State Strategies in the Liberal Economic Order

Published in print:
2021
Published Online:
May 2022
ISBN:
9781501759635
eISBN:
9781501759659
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9781501759635.003.0001
Subject:
Political Science, Asian Politics

This chapter seeks to capture and establish the major economic policy trajectories that emerged from China's entry into the World Trade Organization (WTO). It explains the pattern of these ... More


A Theory of State Strategies under Global Rules

Yeling Tan

in Disaggregating China, Inc.: State Strategies in the Liberal Economic Order

Published in print:
2021
Published Online:
May 2022
ISBN:
9781501759635
eISBN:
9781501759659
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9781501759635.003.0003
Subject:
Political Science, Asian Politics

This chapter shows the theoretical framework of the book, beginning by outlining the three competing state strategies through which different government actors can respond to World Trade Organization ... More


Conclusion: Reassessing China in the WTO Era

Yeling Tan

in Disaggregating China, Inc.: State Strategies in the Liberal Economic Order

Published in print:
2021
Published Online:
May 2022
ISBN:
9781501759635
eISBN:
9781501759659
Item type:
chapter
Publisher:
Cornell University Press
DOI:
10.7591/cornell/9781501759635.003.0007
Subject:
Political Science, Asian Politics

This chapter discusses the various contributions of this study to international relations and the political economy of China by highlighting the value of disaggregating state responses to global ... More


The Fall and Rise of Keynesian Economics

John Eatwell and Murray Milgate

Published in print:
2011
Published Online:
April 2015
ISBN:
9780199777693
eISBN:
9780190261344
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/acprof:osobl/9780199777693.001.0001
Subject:
Economics and Finance, Macro- and Monetary Economics

During the 1970s, monetarism and the new classical macroeconomics ushered in an era of neoliberal economic policymaking. Keynesian economics was pushed aside. It was almost forgotten that when ... More


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