Article in Journal
Chapter 2: The Rise of Market Liberalism
Torben M. Andersen, Giuseppe Bertola, Clemens Fuest, Cecilia Garcia-Peñalosa, Harold James, Jan-Egbert Sturm
CESifo Group Munich, Munich, 2022
EEAG Report on the European Economy 2022, 30-43
CESifo Group Munich, Munich, 2022
EEAG Report on the European Economy 2022, 30-43
Chapter 2 reviews the stagflation episode of the 1970s and in the disinflation, international integration, and market liberalization developments of the 1980s and 1990s. The chapter examines three principal areas of policy change or reorientation: the search for an answer to inflation, the deregulation of labor markets, and attempts to limit the growth of government expenditure and of government debt.
Included in
EEAG Report on the European Economy 2022 - Economic Policy for the Next Decade: A Changed Role of Governments?
Torben M. Andersen, Giuseppe Bertola, Clemens Fuest, Cecilia Garcia-Peñalosa, Harold James, Jan-Egbert Sturm
CESifo, Munich, 2022
CESifo, Munich, 2022