This book addresses major economic problems affecting the United States and proposes policy reforms to target them. The authors use a broad survey of economic research to conduct an evidence-based assessment of four economic issues affecting the US and other developed nations: slowing economic growth, unsustainable public debt increases, widening wage inequality, and climate change. Finding that the problems are interconnected and should be dealt with in a comprehensive manner, the authors explain how current policies have contributed to the issues and make recommendations on policy reforms. All four issues are examined in one place and the resulting policy recommendations form a consistent plan to mediate the problems simultaneously. Providing a comprehensive approach to some of economic policy's most difficult problems, this book will be an excellent resource for students and researchers interested in macroeconomic theory, public sector economics, international economics, labor economics, and environmental economics.

Addresses four major economic problems facing the US in the 21st century Surveys and critiques the economic policies behind these problems Makes policy recommendations to mediate the problems simultaneously

Autorentext
Sibabrata Das has received his Ph. D. in Economics from University of Sussex, U.K.; and M.A. from Johns Hopkins University, U.S.A. Dr. Das has taught graduate courses in statistics, econometrics, microeconomics and development economics, at North Bengal University, Vidyasagar University, and Burdwan University, in India. As a research economist for the Ghana macroeconomic team at the World Bank, he has worked on macroeconomic modeling, and projections for various policy papers and country operations projects. As a member of the country teams, Dr. Das has also actively participated in World Bank-IMF country missions in Ghana, Angola, and Grenada. As a staff member he has contributed to several of the World Bank-IMF publications over the years. Currently, at the International Monetary Fund, he works on various cross-country projects on growth, economic development, and important policy issues across the countries and regions of the world. Alex Mourmouras is division chief in the Asia and Pacific department of the IMF where he has served as mission chief for Vietnam, Singapore and Malaysia. He was previously division chief in the IMF Institute for Capacity Development and economist in the Fund's Policy Development and Review and Fiscal Affairs Departments. Before joining the IMF, Dr. Mourmouras served as assistant and associate professor of Economics and director of graduate studies, all at the University of Cincinnati. He holds a Ph.D in economics from the University of Minnesota and a BA degree from Harvard College. Peter Rangazas is Professor of economics at IUPUI. He regularly publishes in academic economics journals including the American Economic Review, Review of Economics and Statistics, Journal of Monetary Economics, and Journal of Economic Growth. He has coauthored a second book in the Springer Texts in Business and Economics series, The Macroeconomics of Corruption.

Inhalt
21st Century Economics.- Fiscal Policy.- Human Capital Policy.- International Economic Policy.- Climate Policy.- Policy Reforms Summary.