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    Economics has the capacity to offer us deep insights into some of the most formidable problems of life, and offer solutions to them too. Combining a global approach with examples from everyday life, Partha Dasgupta describes the lives of two children who live very different lives in different parts of the world: in the Mid-West USA and in Ethiopia. He compares the obstacles facing them, and the ... Read more

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    The Theory of the Leisure Class: An Economic Study of Institutions (1899), by Thorstein Veblen, is an economic treatise and detailed social critique of conspicuous consumption, as a function of social-class consumerism. It suggests that the social strata and the division of labor of the feudal period continued into the modern era. The lords of the manor employed themselves in the economically ... Read more

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  • The Money Bomb

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  • Stress-testing the Banking System

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    Series Book 13 - IMF Staff Discussion Notes
    Fostering and sustaining robust economic growth is an imperative across advanced, emerging, and low-income countries alike. Countries will need to focus on supply-side reforms to raise their potential output and anchor medium-term growth prospects. This SDN will emphasize the role of structural reforms and supportive policy and institutional frameworks for boosting productivitya key engine of ... Read more

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  • Lifting Euro Area Growth: Priorities for Structural Reforms and Governance

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    To live up to its growth potential and secure its inclusive social model, the euro area must make better use of its available labor. In the aftermath of the crisis, boosting growth is essential to prevent unemployment from becoming a long-term problem and to facilitate the return to fiscal sustainability. Labor utilization in the euro area has been lagging considerably behind its best performing ... Read more

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  • Monetary Macroeconomics

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