Contributions to Economic Theory, Policy, Development and Finance

Jan Kregel is a prominent Post-Keynesian economist. This study combines lessons drawn from events and experiences of developing countries and examines them in relation to Jan Kregel's ideas on economics and development. This collection brings together distinguished scholars who have been influenced by Jan Kregel's prodigious contributions to the fields of economic theory and policy. The chapters cover and extend many topics analyzed in Kregel's published work, including monetary economic theory and policy, aspects of the Cambridge (UK and US) controversies, Sraffa's critique on neoclassical value and distribution theory, Post- Keynesianism, employment policy, obstacles in financing development, trade and development theories, causes and lessons from the financial crises in East Asia, Latin America and Europe, Minskyan-Kregel theories of financial instability and global governance. Combining rigorous scholarly assessment of the issues, the contributors seek to offer solutions to the debates on economic theory and the problem of continuing high unemployment, to identify the factors that determine economic expansion, and to analyze the impact of financial crises on systemic stability, markets, institutions, and international regulations on domestic and global economic performance. The scope and comprehensive analyses found in this volume will be of interest to economists and scholars of economics, finance and development.