Institutions, macroeconomics, and the global economy casebook

Overview Institutions, Macroeconomics, and the Global Economy vii

Module I Introduction and Conceptual Framework 1

Alan Greenspan 3

John Maynard Keynes: His Life, Times, and Writings 21

Technical Note-Fiscal Policy and the Case of Expansionary Fiscal Contraction in Ireland in the 1980s 35

Uganda and the Washington Consensus 51

Mexico: The Tequila Crisis 1994-1995 83

Technical Note-The Choice of Exchange Rate Regime 109

Module II Institutions: The Latin American Experience 123

The Argentine Paradox: Economic Growth and the Populist Tradition 125

Argentina's Convertibility Plan 151

Argentina's Financial System: The Case of Banco de Galicia 173

The 2001 Crisis in Argentina. An IMF-Sponsored Default? (Parts A and B) 201

Bolivia: Globalization, Sovereignty, or Democracy 235

Fresh Start? Peru's Legacy of Debt and Default 261

Module III Macroeconomics: The Dynamics of European Union 291

The Blair Wealth Project: Antecedents and Prospects 293

Technical Note-Europe: Data Supplement 1950-2003 321

Renewing Germany: Kohl's Legacy and Schroder's Dilemma 331

The Netherlands: Is the Polder Model Sinking? 357

The EU's 13th Directive on Takeover Bids: Unlucky for Some? 385

Module IV The Global Economy: Globalization Meets National Institutions 415

Spain: Straddling the Atlantic 417

Brazil 2003: Inflation Targeting and Debt Dynamics 443

Korea: On the Back of a Tiger 469

Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 507

The Welfare State and its Impact on Business Competitiveness: Sweden Inc. for Sale? 537

Inequality and the "American Model" 567.