What Global Economic Crisis

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1、WhatGlobalEconomicCrisis?EditedbyPhilipArestis,MichelleBaddeleyandJohnMcCombiearestis/95755/crc17/5/013:54pmPage1WhatGlobalEconomicCrisis?arestis/95755/crc17/5/013:54pmPage2AlsobyPhilipArestisINTRODUCINGMACROECONOMICMODELLING:AnEconometricStudyoftheUnitedKingdomMONEY,PRICINGDISTRIBUTIONAN

2、DECONOMICINTEGRATIONAlsobyMichelleBaddeleyINVESTMENT:TheoriesandAnalysisAlsobyJohnMcCombieECONOMICGROWTHANDTHEBALANCE-OF-PAYMENTSCONSTRAINT(withA.P.Thirlwall)MEASURINGECONOMICGROWTH:AnEvaluationandCritiqueoftheAggregateProductionFunction(withJesusFelipe)arestis/95755/crc17/5/013:54pmPage3

3、WhatGlobalEconomicCrisis?EditedbyPhilipArestisProfessorofEconomicsSouthBankUniversityLondonMichelleBaddeleyGonvilleandCaiusCollegeCambridgeandJohnMcCombieDowningCollegeCambridgearestis/95755/crc17/5/013:54pmPage4Editorialmatter,selectionandChapter1©PhilipArestis,MichelleBaddeleyandJohnMcC

4、ombie2001Chapter5©PhilipArestisandMalcolmSawyer2001Chapter11©MichelleBaddeleyandJohnMcCombie2001Chapters2–4,6–10,12©PalgravePublishersLtd2001Allrightsreserved.Noreproduction,copyortransmissionofthispublicationmaybemadewithoutwrittenpermission.Noparagraphofthispublicationmaybereproduced,co

5、piedortransmittedsavewithwrittenpermissionorinaccordancewiththeprovisionsoftheCopyright,DesignsandPatentsAct1988,orunderthetermsofanylicencepermittinglimitedcopyingissuedbytheCopyrightLicensingAgency,90TottenhamCourtRoad,LondonW1P0LP.Anypersonwhodoesanyunauthorisedactinrelationtothispubli

6、cationmaybeliabletocriminalprosecutionandcivilclaimsfordamages.TheauthorshaveassertedtheirrightstobeidentifiedastheauthorsofthisworkinaccordancewiththeCopyright,DesignsandPatentsAct1988.Firstpublished2001byPALGRAVEHoundmills,Basingstoke,HampshireRG216XSand175FifthAvenue,NewYork,N.Y.10010C

7、ompaniesandrepresentativesthroughouttheworldPALGRAVEisthenewglobalacademicimprintofSt.Martin’sPressLLCScholarlyandReferenceDivisionandPalgravePublishersLtd(formerlyMacmillanPressLtd).ISBN0–333–80017–6Thisbookisprintedonpapersuitableforrecyclingandmadefromfullymanage