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US Economic Policy in the 21st Century

  • Book
  • © 2023

Overview

  • 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
  • 1081 Accesses

  • 2 Citations

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About this book

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.

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Table of contents (6 chapters)

Authors and Affiliations

  • International Monetary Fund, Washington, USA

    Alexandros Mourmouras

  • Indiana University Indianapolis: IUI, Indiana University, Indianapolis, USA

    Peter Rangazas

About the authors

Alexandros 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. He holds a Ph.D in economics from the University of Minnesota and a BA degree from Harvard College (US).
Peter Rangazas is Professor of Economics at Indiana University–Purdue University Indianapolis (US). 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 is coauthor of Economic Growth and Development: A Dynamic Dual Economy Approach (2018, 2nd Edition) and The Macroeconomics of Corruption: Governance and Growth (2021, 2nd Edition) published by Springer.

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This PDF does not fully comply with PDF/UA standards, but does feature limited screen reader support, described non-text content (images, graphs), bookmarks for easy navigation and searchable, selectable text. Users of assistive technologies may experience difficulty navigating or interpreting content in this document. We recognize the importance of accessibility, and we welcome queries about accessibility for any of our products. If you have a question or an access need, please get in touch with us at accessibilitysupport@springernature.com.

EPUB accessibility summary

This ebook is designed with accessibility in mind, aiming to meet the ePub Accessibility 1.0 AA and WCAG 2.0 Level AA standards. Its features include described images and other non-text content, screenreader-friendly navigation and accessible math. Math is represented either as MathML, LaTeX or in images. If math is represented as image, Alt Text might not be present. We recognize the importance of accessibility, and we welcome queries about accessibility for any of our products. If you have a question or an access need, please get in touch with us at accessibilitysupport@springernature.com.

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