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Economics in a Changing World - Volume 5: Economic Growth and Capital Labour Markets (Hardcover) Loot Price: R4,243
Discovery Miles 42 430
Repayment Terms: R398 pm x 12*
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Economics in a Changing World - Volume 5: Economic Growth and Capital Labour Markets (Hardcover): Jean-Paul Fitoussi

Economics in a Changing World - Volume 5: Economic Growth and Capital Labour Markets (Hardcover)

Jean-Paul Fitoussi

Series: International Economic Association Series

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Loot Price R4,243 Discovery Miles 42 430 | Repayment Terms: R398 pm x 12*

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Growth patterns have changed radically over the last two decades, to which capital and the labour markets appear to have failed to adapt. Unemployment in Europe has been growing, almost without remission, to levels unseen since the Great Depression. These facts are somewhat at odds with the development of growth theory which has mainly been orientated towards an equilibrium full employment framework. The main message of equilibrium theory of fluctuations was precisely that the policy maker is impotent. Now, with the universal acceptance of endogenous growth theory, the common concensus proposition would be `we are all neo-classical for the short run and Keynesian for the long run' (investment being too important for growth to be left entirely in private hands).

General

Imprint: Palgrave Macmillan
Country of origin: United Kingdom
Series: International Economic Association Series
Release date: April 1995
First published: 1995
Editors: Jean-Paul Fitoussi
Dimensions: 216 x 140 x 27mm (L x W x T)
Format: Hardcover
Pages: 265
ISBN-13: 978-0-333-60127-3
Categories: Books > Business & Economics > Economics > Political economy
Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Economics > Labour economics > General
Books > Business & Economics > Economics > International economics > General
LSN: 0-333-60127-0
Barcode: 9780333601273

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