New Keynesian economics

Author: Wang Jian
Publisher:
Publish Date: 2004-10-01
Features: The new Keynesian economic theory is novel, and its policy proposals are unique, making it a practical and applicable discipline. It has not only laid the theoretical foundation for the economics of the Clinton administration but also become the official economics of EU countries. This book outlines the origin, development, and theoretical evolution of new Keynesian economics, particularly its new advancements at the turn of the century, including new open macroeconomics, the third-way economics, and the new consensus on macroeconomic policy. It also focuses on discussing the experience of the U.S. government in formulating economic policies using new Keynesian theory, leveraging the opportunities of economic globalization to promote U.S. economic development, and the implications for China.
Target Audience: Domestic experts and professors for research and discussion, college and university teachers and students as essential reading, government officials for understanding economic trends, and business professionals for decision-making.