000 01563nam a22001937a 4500
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020 _a9780130157713
082 _a339 PAR
_222
100 _aMichael, Parkin
245 _aModern Macroeconomics / (Acc: 5616)
_cParkin Michael, Robin Bade.
250 _a5th ed.
260 _aCanada :
_bPrentice Hall,
_cc2001.
300 _axix, 587 p. :
_c24 cm.
_bill. ;
520 _aThe future is always uncertain. But at some times, and now is one such time, the range of possible futures is enormous. The major sources of this uncertainty are economic policy and global macroeconomic forces. There is uncertainty about the way in which international trade policy will evolve as bilateral deals reshape the competitive landscape. There is uncertainty about exchange rate policy as currency fluctuations bring changes in international relative prices. There is extraordinary uncertainty about monetary policy with the Bank of Canada holding interest rates at historical lows in an attempt to stimulate a flagging economy. And there is uncertainty about fiscal policy as provincial budget deficits interacting with an aging population are ever harder to control. In the global economy, there is uncertainty about when, or even whether, a stagnating European economy will start to show life. And there is uncertainty about how fast China, India, and other developing economies will grow.
650 _a1. Economic Condition --General 2. Macroeconomic
700 _aBade, Robin.
942 _2ddc
_cSD
999 _c6323
_d6323