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Is the Economic Cycle Still Alive?: Theory, Evidence and Policies

Is the Economic Cycle Still Alive?: Theory, Evidence and Policies

Hardcover

Series: Central Issues in Contemporary Economic Theory and Policy

EconomicsInvesting & Finance

ISBN10: 0333610652
ISBN13: 9780333610657
Publisher: Palgrave MacMillan
Published: Dec 14 1993
Pages: 301
Weight: 1.34
Height: 0.75 Width: 6.14 Depth: 9.21
Language: English
We are now living in a period of disillusion in the ability of economic policy to stabilise the economy. This is proven by the onset of severe world recession in the early 1980s and the inability to invert the negative phase of the business cycle under way in the industrialized countries in the early 1990s. The failure of old policies motivates the research into the causes of economic fluctuations and their measurement whose results are published in this volume

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