Neo-liberal economic policy critical essays
Over the past two decades there has been a prevailing shift in economic policy in many countries. This reflects the continuing rise of neo-liberalism--the doctrine that economic policy should "leave it to the market" and that governments should retreat from market intervention. This book p...
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| Format: | eBook |
| Language: | English |
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Cheltenham, U.K
E. Elgar
c2004
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| Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
| Summary: | Over the past two decades there has been a prevailing shift in economic policy in many countries. This reflects the continuing rise of neo-liberalism--the doctrine that economic policy should "leave it to the market" and that governments should retreat from market intervention. This book provides a balanced and comprehensive appraisal of these important policy developments. The authors examine the most notable trends in neo-liberal economic policy such as the withdrawal from the use of fiscal measures and the reliance on monetary policy. They discuss the neo-liberal view that the causes of unemployment lie in the operation of the labour market, in particular its inflexibility. They also assess the increasing inclination towards the liberalisation and deregulation of markets, most notably financial markets 1. Introduction -- 2. The theory of credibility : confusions, limitations and dangers -- 3. Financial fragility : is it rooted in the development process? : an examination with special reference to the South Korean experience -- 4. A "third way" in economic policy : a reappraisal of the Rehn-Meidner Model in the light of modern economics -- 5. The economic policy in Spain during the decades of the 1980s and the 1990s -- 6. The costs of Neomonetarism : the Brazilian economy in the 1990s -- 7. Macroeconomic policies of the economic and monetary union : theoretical underpinnings and challenges |
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| Physical Description: | ix, 241 p ill |
| ISBN: | 1843767945 9781845423322 9781843767947 |