The Way to Economic Growth

John Mills

Chapter 4 in Tackling Britain’s False Economy, 1997, pp 71-99 from Palgrave Macmillan

Abstract: Abstract The history of British economic policy for most of the last hundred years and more is one of continuous inability to produce as fast a growing economy as practically everywhere else. There has been a chronic failure to find the keys to better economic performance. In particular, no accepted body of economic theory exists which identifies the critical conditions required to accomplish the three main objectives. The first is to achieve whatever economic growth rate is deemed desirable. The second is to secure and then maintain full employment. The third is to combine growth and full employment with acceptable levels of inflation. The next three chapters deal in turn with these three critical issues.

Keywords: Exchange Rate; Interest Rate; World Trade; Real Exchange Rate; Money Supply (search for similar items in EconPapers)
Date: 1997
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37215-3_4

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230372153

DOI: 10.1057/9780230372153_4

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().