Suchergebnisse

Cover -- Half Title -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of Tables -- List of Figures -- Acknowledgements -- List of Abbreviations -- Introduction -- Part I: Theoretical Background -- 1. The 'Third Way' - Explored -- Part II: The Traditional 'Swedish Model' -- 2. Laying the Foundations of the Swedish Model -- 3. The Rehn-Meidner Model -- 4. Limitations to Stage Two Keynesianism -- 5. Wage-Earner Funds: Stage Three Keynesianism -- 6. Back to the Future -- Part III: Paradigm Shift? -- 7. Globalisation and National Economic Self-Determination -- 8. European Integration and the 'Swedish Model' -- 9. Technological Change and the SAF Offensive -- Part IV: Evaluating Alternative Macroeconomic Strategies -- 10. A 'New Start for Sweden'? -- 11. 'New' Swedish Social Democracy -- 12. Traditional Social Democracy to 'Third Way'? -- Bibliography -- Index

"In the wake of the Greek crisis, the future of the EU is the subject of a great deal of debate. This book critically evaluates the current new monetarist model of Economic and Monetary Union in Europe, presenting an alternative post Keynesian (progressive) model, aimed at addressing the current problems of trade imbalance and asymmetric macroeconomic policy infrastructure that are augmenting tensions within the Eurozone. The book's approach is based upon the development of a common, rather than a single currency approach, and utilises post Keynesian policy solutions in order to create a form of EMU which will promote full employment rather than austerity."--Provided by publisher.

Synthesizes a core economic strategy from the most significant Third Way administrations. This book explores the theoretical foundations to Third Way Economics, before evaluating its economic strategy against conclusions drawn from contemporary economics literature, and the relative performance of contemporary left-of-centre governments

This article analyses the performance of one of the most innovative 'experiments' in the extension of infiuence over the economic sphere, namely the Swedish wage-earner funds (WEFs). It examines the ability of the WEFs to pursue economic democratization in terms of macroeconomic, .nancial and democratic objectives. Results are mixed, with favourable .nancial and macroeconomic performance constrained by the limited size of the scheme, whereas employee infiuence through shareholding was inconsistent and of little significance. Nevertheless, WEF performance has legitimized collective investment funds as a potential instrument of economic democratization, while demonstrating that pursuit of social goals need not undermine allocative efficiency.

This article evaluates the proposition that European Economic & Monetary Union (EMU) can provide a solid foundation for the establishment of a "Social Market" version of capitalism throughout the new Euro-land, or whether their fundamental precepts are fundamentally inconsistent. An initial discussion of the elements essential to a social market is followed by an analysis of the extent to which these factors are currently identifiable, or their future development is plausible within an economic environment dominated by globalization & ENFU across the EU. The article concludes by commenting upon the likely development of a social market within Euro-land within the constraints imposed by EMU, & therefore upon the strategies pursued by groups of the social democratic persuasion whose future strategy is to a large extent based upon this belief. 1 Table. Adapted from the source document.

AbstractIn common with other northern cities, Sheffield has experienced a dramatic reduction in funding from central government. Its response has been twofold. Firstly, to reduce the cost of service delivery, in part through augmenting or replacing public sector service provision through transfer to voluntary bodies and/or the private sector; the latter through private finance initiative (PFI) contracts. Secondly, the local authority has sought to promote economic regeneration through increased citizen involvement and participation. The problem for this combined strategy is that the two approaches have clashed over a previously underrated and overlooked area of public provision, namely the maintenance of street trees. Issues relating to the design of the contract, the economic imperative inherent within PFI contracts, initial reaction to popular protests, and reluctance to acknowledge the authority of alternative perspectives, have combined to undermine the salience of the participatory regeneration model for key sections of the local community.

AbstractIt is becoming increasingly accepted, not least by the Prime Minister and opposition leadership, that the negotiation of a comprehensive trade relationship with the EU is necessary to prevent the UK economy falling off a 'cliff edge'. This concern is shaping the UK's strategy towards negotiations with the EU and has provided at least part of the motivation for the UK to consider requesting a transition period to facilitate the Brexit process. But how accurate are these fears? What evidence is there for the existence of a 'cliff edge'? How disastrous would it be for the UK to revert to trading with the EU on the same basis as most other countries in the world, namely according to World Trade Organisation rules? This article seeks to address these issues and it highlights a number of implications for policy makers which flow from understanding the available evidence a little more clearly.

Economic and monetary union in Europe, as currently constituted, has a number of structural weaknesses. Large, persistent international payments imbalances necessitate deficit nations to deflate their economies or squeeze social wages in order to restore competitiveness. Surplus nations accrue reserves, with little pressure to maintain related contribution to spending power in the real economy. The asymmetric treatment of credit and debit nations reduces aggregate demand in the eurozone. This article examines a solution, first proposed by John Maynard Keynes, whereby symmetrical treatment of balance of payments transactions may promote economic growth and higher levels of employment. It outlines the key features of the system and highlights the relevance of the solution to the issues faced by the eurozone. Adapted from the source document.