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Explaining Economic Policy Reversals

Explaining Economic Policy Reversals

Hardback (01 Apr 1994)

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Publisher's Synopsis

This work considers the economic policy dinosaurs which apparently went into extinction in the 1980s. They are: the move from "classical" regulation to deregulation; the move from public enterprise to privatization; the move from Keynesian to "monetarist" macroeconomic policy; the shift from rapid growth in government spending and staffing to stabilization and cutbacks; the move from progressive income tax structures towards "flatter taxes"; and the shift from progressive-era public administration to "new public management".;None of these major policy shifts were predicted by economists or other mainstream social scientists. The author compares the actual changes with previously established theoretical accounts of what makes policy shift and explores how far the changes can be understood in terms of the power of ideas, the power of interests, the effect of changing social contexts and "self-destructive" dynamics of public policy.

Book information

ISBN: 9780335156504
Publisher: Open University Press
Imprint: Open University Press
Pub date:
DEWEY: 338.973
DEWEY edition: 20
Language: English
Number of pages: 167
Weight: 280g
Height: 235mm
Width: 159mm
Spine width: 19mm