TY  - BOOK
AU  - Blanchard, Olivier
AU  - Rajan, Raghuram G.
AU  - Rogoff, Kenneth
AU  - Summers, Lawrence H.
TI  - Progress and Confusion: The State of Macroeconomic Policy
SN  - 9780262034623
U1  - 339 
PY  - 2016///
CY  - Cambridge
PB  - The MIT Press
KW  - Macroeconomics
KW  - Economic Policy
KW  - Fiscal Policy
KW  - Monetary Policy
N1  - 1. A Road Map to "Progress and Confusion"

The “New Normal”
2. Debt Super Cycle Not Secular Stagnation
3. Rethinking Secular Stagnation after Seventeen Months

Systemic Risk and Financial Regulation
4. A Note from the Session on Systemic Risk and Financial Regulation
5. A Comparative Analysis of Financial Sector Health in the United States, Europe, and Asia
6. Rethinking Financial Regulation: How Confusions have Prevented Progress
7. Systemic Risk and Financial Regulation: Where Do We Stand?
8. Shadow Banking as a Source of Systemic Risk

Macroprudential Policies: Gathering Evidence
9. Macroprudential Policy Regimes: Definition and Institutional Implications
10. Macroprudential Tools, their Limits and their Connection with Monetary Policy
11. A Simple Cost-Benefit Analysis of Using Monetary Policy for Financial-Stability Purposes

Monetary Policy in the Future
12. Introduction to the Monetary Policy Section
13. Monetary Policy in the Future
14. A Monetary Policy for the Future
15. The Credit Surface and Monetary Policy
16. Remarks on the Future of Monetary Policy

Fiscal Policy in the Future
17. Fiscal Policy for the 21st Century: testing the limits of the tax state?
18. The Future of Fiscal Policy
19. What Future for Rules-Based Fiscal Policy?
20. On the Proper Size of the Public Sector and the Level of Public Debt in the 21st Century

Capital Flows, Exchange Rate Management and Capital Controls
21. Floating Exchange Rates, Self-Oriented Policies and Limits to Economic Integration
22. Some Lessons of the Global Financial Crisis from an Eme and a Brazilian Perspective
23. Capital Inflows, Exchange Rate Management and Capital Controls

The International Monetary and Financial System
24. The International Monetary and Financial System: Eliminating the Blind Spot
25. Prospects and Challenges for Financial and Macroeconomic Policy Coordination
26. Global Safe Asset Shortage: The Role of Central Banks
27. Going Bust for Growth

Conclusion
28. Rethinking Macro Policy: Progress or Confusion?
ER  -