Jump to ContentJump to Main Navigation
Capitalism UnleashedFinance, Globalization, and Welfare$
Users without a subscription are not able to see the full content.

Andrew Glyn

Print publication date: 2007

Print ISBN-13: 9780199226795

Published to Oxford Scholarship Online: September 2007

DOI: 10.1093/acprof:oso/9780199226795.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (oxford.universitypressscholarship.com). (c) Copyright Oxford University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 29 November 2021

Growth and Stability

Growth and Stability

Chapter:
(p.129) 6 Growth and Stability
Source:
Capitalism Unleashed
Author(s):

ANDREW GLYN

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199226795.003.0006

This chapter examines whether the great reversal in economic policy over the past twenty-five years has rekindled economic dynamism in rich countries and how the stability of output has been affected. It is shown that excitement over the new economy boom in the USA has dissipated with the collapse of the bubble. Japan has been stuck in a low growth quagmire for fifteen years, reflecting in part the after-effects of precipitate financial liberalization. Europe's economy, battered by the effects of German unification, has been growing only feebly, with mass unemployment in the large Continental economies and with little response to repeated doses of deregulation.

Keywords:   economic growth, USA, new economy, Japan, OECD, Europe, deregulation, unemployment

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .