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The Economics of the Third Way / Arestis, Philip; Sawyer, Malcolm C.

By: Contributor(s): Publication details: Edward Elgar Publishing, 2001Description: 248 pagesISBN:
  • 9781840644593
Subject(s): DDC classification:
  • 338.9 ARE
Summary: The editors suggest seven elements which can help define the theoretical economic foundations of "third way" policies. They consider whether there is a consistent economic approach underlying the "third way", and show that it is much influenced by New Keynesian economics. The contributors to the book explore the policy experiences from ten different countries, plus the European Union as a whole. Each contribution provides an examination of the application and implementation of "third way" policies in a different country. These contributions indicate the similarities of the policies of the "third way", though important differences in experience also emerge.
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The editors suggest seven elements which can help define the theoretical economic foundations of "third way" policies. They consider whether there is a consistent economic approach underlying the "third way", and show that it is much influenced by New Keynesian economics. The contributors to the book explore the policy experiences from ten different countries, plus the European Union as a whole. Each contribution provides an examination of the application and implementation of "third way" policies in a different country. These contributions indicate the similarities of the policies of the "third way", though important differences in experience also emerge.

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