Economic Policy: Theory and Practice
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Description
Economic Policy: Theory and Practice by Agnès Bénassy-Quéré, Benoît Cœuré, Pierre Jacquet, and Jean Pisani-Ferry offers a comprehensive and accessible guide to understanding how economic policy is formulated and implemented in the real world. The book bridges the gap between economic theory and practical policymaking, covering key areas such as fiscal policy, monetary policy, taxation, labor markets, and international trade. It explains the tools governments use to manage economies, the constraints they face, and how policies are adapted to changing economic conditions and political environments. With a strong foundation in macroeconomic principles, the authors also address modern challenges like globalization, financial crises, and inequality. Clear, well-structured, and rich with real-world examples, the book is ideal for students, economists, and policymakers who seek to understand both the theoretical underpinnings and practical execution of economic policy.
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