Comparative Economics of Global Growth & Inequality takes a unique approach to comparing the major economies of the world. Rather than just focusing on the differences in economic systems, the publication draws together a country’s history, ethnic diversity, and political structure to explain how these have affected the policies related to the twin goals of improving economic growth and reducing income inequality. Is it possible to have an economy that is both prosperous and reasonably fair? What lessons can other countries provide us? Students learn why market economies work well, why they don’t, why government intervention can help or make things worse, and why politics can push governments to do the wrong thing at the wrong time.
Intended for undergraduate college students who have completed courses in the principles of micro and macroeconomics, Comparative Economics of Global Growth & Inequality is designed for those who want to know more about the economies of the major foreign countries. It takes a different approach to comparing economies by focusing on the wide variety of ways that more economically-developed societies attempted to deal with issues of economic growth and inequality, the policies which worked, and the many approaches that did not. It puts this into a global context by linking economic performance to international trade regimes, exchange rates, foreign investment, and important economic events.
CHAPTER 1 The Growth of the World Economy
CHAPTER 2 Economic Systems, Growth, and Change
CHAPTER 3 The Causes and Consequences of Economic Inequality
CHAPTER 4 Market Economics
CHAPTER 5 The Economic Role of Government
CHAPTER 6 The Economies of the West
CHAPTER 7 Growth and Inequality in the United Kingdom
CHAPTER 8 The Republic of France
CHAPTER 9 Growth and Inequality in Germany
CHAPTER 10 Growth and Inequality in the Nordic Countries
CHAPTER 11 Russia and Soviet Socialism
CHAPTER 12 The Economies of Eastern Europe
CHAPTER 13 The Economies of the East
CHAPTER 14 The People’s Republic of China
CHAPTER 15 Japan and the Four Asian Tigers
CHAPTER 16 The Eastern NICs
CHAPTER 17 A Big World