The other half of macroeconomics and the fate of globalization / 6
6
Richard C. Koo.
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Includes bibliographical references and index.
Introduction to the other half of macroeconomics -- Balance sheet problems create shortage of borrowers -- Dearth of investment opportunities can deter borrowers -- Macroeconomic policy during the three stages of economic development -- Challenges of remaining an advanced country -- Helicopter money and the QE trap -- Europe repeating mistakes of 1930s -- Banking problems in the other half of macroeconomics -- The Trump phenomenon and the conflict between free capital flows and free trade -- Rethinking economics.