American Economic Policy in the 1990s
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American Economic Policy in the 1990s by Jeffrey A. Frankel
Book DescriptionThe 1990s saw the best economic performance in the United States in three decades. Strong economic growth and falling unemployment were accompanied by low inflation and rising budget surpluses. Although personal bankruptcies climbed, the personal saving rate fell, and the trade deficit expanded, overall, U.S. economic performance during the 1990s was outstanding. This book is a unique attempt to write the first history of the making of American economic policy during the 1990s. One way to view it is as a "debriefing" of those who made the decisions. Each chapter is devoted to a particular area of economic policy and consists of a background paper written by leading academic economists together with short essays by prominent policymakers, many of whom served in the Clinton administration or previous administrations, and by independent observers. The questions asked about each policy area include: What were the pros and cons of alternative options under consideration? What decision was made? What were the relevant economic arguments for that decision, and what political interests were served? Were other options missing from consideration? Is it possible to judge whether the decision was the right one? Are there lessons for the future?
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Book DetailsISBN: 9780262561518
(229mm x 178mm x 50mm)
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 20-May-2002
Country of Publication: United States
Books By Author Jeffrey A. Frankel
NBER International Seminar on Macroeconomics, Paperback (June 2012)
Includes papers that fall into three categories: productivity in the international economy, a view of demand stimulus through the lens of the high level of unemployment that most advanced countries have experienced in the recent global recession, and nominal and real exchange rates.
NBER International Seminar on Macroeconomics 2005, Paperback (July 2007)
Leading American and European economists discuss monetary and fiscal policy from an international macroeconomic perspective in a companion volume to the NBER Macroeconomics Annual: cutting-edge research on macroeconomic issues and topical questions concerning the eastward expansion of the European Monetary Union.
NBER International Seminar on Macroeconomics 2004, Paperback (December 2006)
Leading American and European economists discuss monetary and fiscal policy from a global macroeconomic perspective and analyze the implications of European integration; cutting-edge research presented in a companion volume to the NBER Macroeconomics Annual.
Managing Currency Crisis in Emerging Markets, Hardback (March 2003)» View all books by Jeffrey A. Frankel
How to manage financial crises in emerging markets is a high stakes and contentious challenge for public policy. In this work, leading economists consider how best to reduce the frequency and cost of such crises.
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Author Biography - Jeffrey A. Frankel
Peter R. Orszag is a Senior Fellow in Economic Studies at the Brookings Institution.
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