Robert A. Blecker's Books

Beyond the Twin Deficits: A Trade Strategy for the 1990's

A Trade Strategy for the 1990's

By: Robert A. Blecker

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Beyond the Twin Deficits: A Trade Strategy for the 1990's

A Trade Strategy for the 1990's

By: Robert A. Blecker

This study documents evidence of a decline trend in the international competitiveness of US industry. The analysis identifies three groups of countries that account for most of the US trade deficit in the 1980s: the surplus countries, Germany and Japan; the East Asian NICs; and the Latin American debtors. In each case the author points to underlying structural problems contributing to the deficit. They call for quite different US policy responses, including microeconomic and industrial policies, incentives to revive productivity, growth and technological innovation, import surcharges, wage increases in the NICs, currency realignments, US capital exports, and debt relief. A pragmatic policy approach, with efforts to open foreign markets, aims to achieve the greatest possible reduction in the trade deficit with the lowest possible cost from macroeconomic adjustments. The author urges the reversal of two adverse trends in his policy strategy: the decline in public sector investment and the decreasing progressivity of the tax code.

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Page Count

163

Publisher

Routledge

Published Date

ISBN 10

1315288311

ISBN 13

9781315288314

Heterodox Macroeconomics

Models of Demand, Distribution and Growth

By: Robert A. Blecker,Mark Setterfield

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Heterodox Macroeconomics

Models of Demand, Distribution and Growth

By: Robert A. Blecker,Mark Setterfield

p.p1 {margin: 0.0px 0.0px 0.0px 0.0px; font: 10.0px Arial} The last few decades have witnessed an outpouring of literature on macroeconomic models in the broad ‘heterodox’ tradition of Marx, Keynes, Robinson, Kaldor and Kalecki. These models yield an alternative analytical framework in which the big questions of our day – such as how inequality is related to growth or stagnation, and whether long-run growth is stable or unstable – can be fruitfully addressed. Heterodox Macroeconomics provides an accessible, pedagogically oriented treatment of the leading models and approaches in heterodox macroeconomics with clear, step-by-step presentations of core models and their solutions, properties and implications.

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Page Count

598

Publisher

Edward Elgar Publishing

Published Date

ISBN 10

1784718904

ISBN 13

9781784718909

The North American Idea

A Vision of a Continental Future

By: Robert A. Pastor

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The North American Idea

A Vision of a Continental Future

By: Robert A. Pastor

In its first seven years, the North American Free Trade Agreement (NAFTA) tripled trade and quintupled foreign investment among the U.S., Mexico, and Canada, increasing its share of the world economy. In 2001, however, North America peaked. Since then, trade has slowed among the three, manufacturing has shrunk, and illegal migration and drug-related violence have soared. At the same time, Europe caught up, and China leaped ahead. In The North American Idea, eminent scholar and policymaker Robert A. Pastor explains that NAFTA's mandate was too limited to address the new North American agenda. Instead of offering bold initiatives like a customs union to expand trade, leaders of the three nations thought small. Interest groups stalemated the small ideas while inhibiting the bolder proposals, and the governments accomplished almost nothing. To overcome this resistance and reinvigorate the continent, the leaders need to start with an idea based on a principle of interdependence. Pastor shows how this idea--once woven into the national consciousness of the three countries--could mobilize public support for continental solutions to problems like infrastructure and immigration that have confounded each nation working on its own. Providing essential historical context and challenging readers to view the continent in a new way, The North American Idea combines an expansive vision with a detailed blueprint for a more integrated, dynamic, and equitable North America.

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Page Count

287

Publisher

Oxford University Press

Published Date

ISBN 10

0199831823

ISBN 13

9780199831821

Trade Policy and Global Growth

New Directions in the International Economy

By: Robert A. Blecker

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Trade Policy and Global Growth

New Directions in the International Economy

By: Robert A. Blecker

This collection of essays offers critical perspectives on current issues in the international economy. Divided into four parts, U.S. Trade Policy and Global Growth discusses managed trade and international interdependence, the effect of trade on domestic wages and employment, the costs and benefits of trade protection, and likely effects of NAFTA. The collection also addresses the U.S. trade deficit and presents a Keynesian proposal for international monetary reform. Part IV focuses on issues facing developing countries in the areas of trade, industrial, and financial policy. Rejecting the dogma that pure free-market policies should be accepted as articles of religious faith, in either international trade or domestic policy, the contributors search for trade and macro policies that can achieve balanced growth with high employment and an equitable distribution of income in both the United States and the rest of the world.

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Page Count

390

Publisher

Routledge

Published Date

ISBN 10

1315482274

ISBN 13

9781315482279

Book's by Robert A. Blecker

Beyond the Twin Deficits: A Trade Strategy for the 1990's

Beyond the Twin Deficits: A Trade Strategy for the 1990's

Heterodox Macroeconomics

Heterodox Macroeconomics

The North American Idea

The North American Idea

Trade Policy and Global Growth

Trade Policy and Global Growth

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