Description |
xiv, 241 pages ; 23 cm |
Contents |
1. On the Macroeconomic Consequences of Microeconomic Reform -- 2. Structural Change: The Policy Stance --3. Economic Dynamism, Competition and the Structure -Conduct - Performance Paradigm -- 4. Measuring the Speed of the Invisible Hand -- 5. Structural Rigidity, Macroeconomic Inefficiency and the Efficacy of Economic Policy -- 6. Modelling Strategies for Structural Reform -- 7. The Art of Reform -- 8. Combating Product Market Inertia: Some Conclusions |
Summary |
Privatization, Deregulation and the Macroeconomy focuses on the macroeconomic consequences of microeconomic rigidity in the markets for goods or services and the reforms necessary to create economic dynamism. Peter van Bergeijk and Robert Haffner address questions of how market structure, competition policy, over-regulation and collusive behaviour may influence macroeconomic performance. Drawing on many examples from OECD countries (most notably Germany, New Zealand, Australia and the Netherlands), Eastern Europe and the Third World, the authors show how economic policies intended to provide greater flexibility can be analysed. The authors examine the diagnosis or measurement of product market inertia at the mesoeconomic level and its consequences at the macroeconomic level such as employment, per capita income growth and price stability |
Analysis |
Deregulation |
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Macroeconomics |
Bibliography |
Includes bibliographical references (pages 207-232) and index |
Subject |
Deregulation.
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Economic policy -- Mathematical models.
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Economic policy.
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Macroeconomics.
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Microeconomics.
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Privatization.
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Author |
Haffner, Robert C. G., 1970-
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LC no. |
96006433 |
ISBN |
1858983479 |
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