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This paper presents a critique of the traditional textbook representation of fiscal policy, and highlights the misleading policy implications perpetuated by this analysis. In particular, the conclusion that fiscal deficits are likely to be associated with higher interest rates is disputed, as is...
Persistent link: https://www.econbiz.de/10009481936
The paper examines industrial relations in the shipping industries of two Liberal Market Economies (LMEs), Australia and the United States and in two Coordinated Market Economies (CMEs), Germany and Denmark. Hall and Soskice?s (2001) theory of Liberal versus Coordinated market economies has been...
Persistent link: https://www.econbiz.de/10009481963
Ecological concerns have never been top of the list for Australian policy makers in recent years. Instead, they have struggled with issues of reliance on the export of primary commodities with declining terms of trade, dependence on the import of capital and shortages of managerial expertise....
Persistent link: https://www.econbiz.de/10009481970