Growth and unemployment occupy the center stage in economic policy debate. This book represents a major new contribution to the analysis of these issues and to the development of policy, bringing together economists from Britain, the USA, and Japan. The book is divided into four main sections: Demand, Capacity and Employment; Industrial Problems and Policies; International Lessons and Policy; and Directions for Policy.
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Jonathan Michie is at Robinson College, Cambridge. John Grieve Smith is at Robinson College, Cambridge.
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