Publisher's Synopsis
In this book for nonspecialists, author Michael Lindemann applies a practical macroeconomics approach to several largely ignored issues in need of reevaluation in light of the enormous changes that have taken place during the past thirty years.
After authoring the eye-opening book Why Obsolete Macro Governance Is Killing the World Economy, Lindemann saw the need to focus on the specific strategies analysts and policymakers should employ to address the following three concerns:
- Underemployment data needs to play a major part in all measures to reduce unemployment
- Fundamental socioeconomic structural reforms need to be implemented in practically all developed nations
- Monetary policies-devised and executed mainly by central banks-cannot act alone, having failed in doing so. They should follow macroeconomic policies that will allow governments to better pursue their recovery priorities for growth
Lindemann proposes pragmatic solutions based on his thirty years of experience working in management and other positions in large international companies and as an entrepreneur in seven countries on three continents. His experiences have enhanced his ability to understand the changing macroeconomic environment, leading him to consider whether private business procedures could be increasingly applied to macroeconomic planning and analysis for improved growth outcomes.
