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“Economic commentary is everywhere but it is rare to find a source for the practitioner that brings it all together in a coherent, real-world guide. The authors’ command of the practical nature of macroeconomics and their extensive experience at the forefront of policy-making is on good display. Students, practitioners and seasoned economists would all benefit from this refresher on how economics works in the real world.”
– Agustin Carstens, General Manager, Bank for International Settlements
“Macroeconomics for Professionals provides a valuable introduction to the practical use of macroeconomic analysis in policy-making. It illustrates the judgments involved in applying these analytical tools to real-world situations, drawing on the authors’ wealth of international policy experience and their finely-honed critical faculties.”
– Tim Lane, Deputy Governor, Bank of Canada
“Decades of IMF work in the trenches have been brilliantly distilled here into key insights about policy making in the real world. Recognizing explicitly the challenges posed by inadequate understanding, tough trade-offs, constant evolution and non-linear processes, the book nevertheless provides a convincing framework for making policy decisions. Every macroeconomist who pretends to be professional should read it.”
– William R. White, Chairman, Economic and Development Review Committee, the Organisation for Economic Co-operation and Development (OECD)