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In this textbook, Professor Nicola Acocella analyses both the principles and techniques of public intervention in the global economy. A wide range of topics are covered, from market and government failures to the consequences of globalisation for economic policymaking: the normative and positive theory of economic policy; microeconomic and macroeconomic policies in an international context; multilateral and regional organisations; and the issues involved in globalisation and the efforts of public institutions to co-operate. This book is aimed at students who have completed an introductory course in micro and macroeconomics.

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