Contributions to Economic Theory, Policy, Development and Finance ― Essays in Honor of Jan A. Kregel

Jan A. 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 his ideas on economics and development.

This collection brings together distinguished scholars who have been influenced by 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.

Dimitri B. Papadimitriou is President of the Levy Economics Institute, Executive Vice President and Jerome Levy Professor of Economics at Bard College and Managing Director of Bard College Berlin. He was vice-chairman of the congressional US Trade Deficit Review Commission of the US Congress and has testified in the US Senate and Congressional Committee Hearings on Banking and Finance and Small Business. He is a member of the editorial boards of Challenge and the Bulletin of Political Economy. He is author and editor of the Levy Institute Advanced Research in Economic Policy book series and has authored many articles to professional journals.