LEADER 04159nam 22005055 450 001 9910350329203321 005 20200702034644.0 010 $a981-13-7888-6 024 7 $a10.1007/978-981-13-7888-1 035 $a(CKB)4100000008876840 035 $a(DE-He213)978-981-13-7888-1 035 $a(MiAaPQ)EBC5780058 035 $a(EXLCZ)994100000008876840 100 $a20190522d2019 u| 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aKeynesian Macroeconomics Beyond the IS-LM Model$b[electronic resource] /$fby Chandana Ghosh, Ambar Nath Ghosh 205 $a1st ed. 2019. 210 1$aSingapore :$cSpringer Singapore :$cImprint: Springer,$d2019. 215 $a1 online resource (XIII, 258 p. 23 illus.) 311 $a981-13-7887-8 327 $aChapter 1: The IS-LM Model: The Reason to Go Beyond It -- Chapter 2: Interaction between the Real Sector and the Financial Sector: An Alternative to the IS-LM Model -- Chapter 3: An Alternative to the IS?LM Model: Perfect Capital Mobility -- Chapter 4: Alternative to the IS-LM: Imperfect Capital Mobility -- Chapter 5: India?s Economic Performance and Banks -- Chapter 6: Non-Performing Assets of Banks in India -- Chapter 7: Corruption and Banks in India -- Chapter 8: Economic Crisis in Greece -- Chapter 9: Economic Crisis in the US Economy -- Chapter 10: Global Macroeconomic Scenario and Macroeconomics: An Assessment. 330 $aThis book makes an original and significant contribution to Keynesian macroeconomics. The IS-LM model is a basic workhorse of Keynesian macroeconomics. However, its financial aspects are extremely rudimentary and the link between the real and the financial sector is extremely tenuous. Hence, neither the IS-LM model nor IS-LM-based models can be applied to the major economic issues facing today?s world. This book develops alternative models in the Keynesian tradition that incorporate financial institutions and make explicit the intimate link between the processes of generation of income, saving, credit and expenditure. It subsequently uses these models to address the major current macroeconomic issues that India and the rest of the world are confronted with. In the Indian context, it focuses on the issues of unemployment, growth, recession, bank performance, banking sector reforms and corruption. It also seeks to identify the causes of economic crises in Greece and the US. The analysis reveals a common trend in the economies considered here: the policy framework within which they function is recessionary, exploitative and fosters unemployment, inequality and poverty. Further, this framework is leading these economies farther away from the goal that every civilized society should strive to achieve, namely, providing all citizens with suitably gainful jobs and adequate access to quality food, clothing, shelter, education and health care. The book seeks to identify the cause of this malady, and puts forward policies to remedy it. It thus contains takeaways for academia, think tanks as well as policy makers. 606 $aMacroeconomics 606 $aPublic finance 606 $aFinance, Public 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aPublic Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W34000 606 $aPublic Finance$3https://scigraph.springernature.com/ontologies/product-market-codes/611000 615 0$aMacroeconomics. 615 0$aPublic finance. 615 0$aFinance, Public. 615 14$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aPublic Economics. 615 24$aPublic Finance. 676 $a339 700 $aGhosh$b Chandana$4aut$4http://id.loc.gov/vocabulary/relators/aut$0963850 702 $aGhosh$b Ambar Nath$4aut$4http://id.loc.gov/vocabulary/relators/aut 906 $aBOOK 912 $a9910350329203321 996 $aKeynesian Macroeconomics Beyond the IS-LM Model$92228265 997 $aUNINA