The Relevance of Keynesian Economic Policies Today

What can Keynesian economics mean in the 21st century? Do globalisation, inflationary pressures and supply-side constraints make managing demand in a domestic economy impossible? Or could its use to tackle unemployment be put back on the political agenda? These essays examine the potential relevance of Keynesian policies for Europe, America, the developing world and the global economy. There is no common definition, but Keynesianism is throughout seen as more than demand management, with policy proposals to promote investment, strengthen the supply-side and reduce uncertainty. Front Matter....Pages i-xxi The Macroeconomic Effects of Taxation in a Federal Europe....Pages 1-26 New Scale and Scope for Industrial Policies in the 1990s....Pages 27-51 Industrial Policies and the Macroeconomic Effects of Taxation: Some Comments....Pages 52-56 ‘Socialization of Investment’ and ‘Euthanasia of the Rentier’: The Relevance of Keynesian Policy Ideas for the Contemporary US Economy....Pages 57-77 Globalisation, Polarisation and US Policy Activism....Pages 78-106 Differences in Economic Performance: Some Comments on Pollin and Dymski....Pages 107-113 The Viability of Keynesian Demand Management in an Open Economy Context....Pages 114-135 Uneven Development and the Destabilisation of the North: A Keynesian view....Pages 136-153 Creative Destruction or Regressive Stagnation? Comments on Davidson and Galbraith....Pages 154-162 The Relevance of Keynesian Policies in Semi-Industrialised Countries: Theoretical Issues and an Empirical Illustration....Pages 163-185 International Markets and Open Economy Macroeconomics: A Keynesian view....Pages 186-206 Keynesian Policy in Disarticulated Economies....Pages 207-212 Back Matter....Pages 213-220 What can Keynesian economics mean in the twenty-first century? Do globalisation, inflationary pressures and supply-side constraints make managing demand in a domestic economy impossible? Or could its use to tackle unemployment be put back on the political agenda? These essays examine the potential relevance of Keynesian policies for Europe, America, the developing world and the global economy. There is no common definition, but Keynesianism is throughout seen as more than demand management, with policy proposals to promote investment, strengthen the supply side and reduce uncertainty. What can Keynesian economics mean in the 21st century? Do globalization, inflationary pressures and supply-side constraints make managing demand in a domestic economy impossible? Or could its use to tackle unemployment be put back on the political agenda? These essays examine the potential relevance of Keynesian policies for Europe, America, the developing world and the global economy. There is no common definition, but Keynesianism is throughout seen as more than demand management, with policy proposals to promote investment, strengthen the supply-side and reduce uncertainty. Edited By Philip Arestis And Malcolm Sawyer. Includes Bibliographical References And Index.