The economic performance of Austria and Italy during the last two
decades is analysed by economists from both countries. Their
contributions interpret observed historical facts starting from a
macroeconomic level down to disaggregated structural issues. The
performance as well as prospects of economic policy concerning the
monetary sector, the balance of payments, the industrial sectors,
and the labour markets are reviewed. Specific problem areas are
investigated and relationships to current economic theory are
established. Readers find sufficient material to form opinions
about the difference in national approaches to assess economic
problems and about the different ways of attacking them.
General
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