The Global Macro Economy and Finance

This volume explores fundamental macroeconomic and financial issues of today from fresh perspectives. Bringing together leading scholars and practitioners in the fields, it analyzes the light that the recent crisis has shed on the global macro economy, sectoral structure and financial architecture, and proposes policies needed to address systemic financial risks and foster a sustainable growth. It also explores the measurement of economic and social progress in our societies, and proposes new frameworks to integrate economic dimensions with other aspects of human wellbeing. This volume provides valuable suggestions for how to foster robust recovery from the crisis, and how to prevent its recurrence.

FRANKLIN ALLEN, University of Pennsylvania

MASAHIKO AOKI, Stanford University

NOBUHIRO KIYOTAKI, Princeton University

ROGER GORDON, University of California, San Diego

JOSEPH STIGLITZ, Columbia University