1st Edition
Maximum Government, Maximum Governance Reframing India’s Macroeconomic Discourse
By Sashi Sivramkrishna
Copyright 2019
238 Pages
by
Routledge
238 Pages
by
Routledge
238 Pages
by
Routledge
Also available as eBook on:
Austerity, fiscal consolidation, fiscal discipline and fiscal deficit targets have become the buzzwords of contemporary macroeconomic policy. By tracing the history of macroeconomic schools of thought, Maximum Government, Maximum Governance explores the origins, essence, shortcomings and deception of mainstream neoliberal macroeconomics. Arguing that economies are financially constrained,... Read more
Introduction Part I: Mainstream Macroeconomic Discourse 1. Economics and Macroeconomics 2. The Classical and Keynesian Macroeconomic Paradigms 3. The Neo-Keynesian Paradigm 4. Monetarism and the Decline of Neo Keynesianism 5. The ‘New’ Macroeconomics 6. From Stabilization to Growth and Development 7. A Summary of Neoliberal Macroeconomics Part II: Popular Macroeconomics Discourse in India 8. Putting India’s Current Macroeconomic Policies in Perspective 9. India’s Neoliberal Policy Framework Part III: Modern Money Theory (MMT) 10. Modern Money and Economic Sovereignty 11. Fiscal Deficits in a Modern Money Economy 12. The Hierarchy of Money 13. Banking and Endogenous Money Theory 14. Monetary Policy in the MMT Framework 15. The Sectoral Financial Balances (SFB) Model 16. A Summary of Insights from MMT Part IV: Reframing India’s Macroeconomic Discourse 17. Maximum Government, Maximum Governance
Biography
Sashi Sivramkrishna (Ph.D., Cornell) is presently with Kautilya Entrepreneurship & Management Institute (KEMI) and Foundation to Aid Industrial Recovery (FAIR), Bengaluru.
