: Policy in open economies and managing economic instability.

The translation was undertaken by a team of respected Chinese economists: (Renmin University of China), Li Lili (also of Renmin University of China), and He Zengping (Beijing Institute of Technology). As the book's description notes, this edition is the first macroeconomics textbook to emerge from the post-Keynesian, institutionalist, and Marxist traditions, "providing readers with a practical and logically consistent heterodox economic model".

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