The World Recession and European Political and Economic Responses

Andrew Cox

Chapter 1 in Politics, Policy and the European Recession, 1982, pp 1-31 from Palgrave Macmillan

Abstract: Abstract This book seeks to outline the policy responses by the major European states to the recession which affected the advanced industrial economies after the 1973 oil crisis. Individual chapters deal with the peculiarly national, social and political responses to the problems of rising inflation, rising unemployment and declining growth, while this introductory chapter indicates the context within which European nation-states had to operate by outlining the major factors generating the recession. Having indicated how the developed world overcame these problems prior to the second oil crisis of 1978–9, it will then be possible to outline which of the European economies have responded most successfully to the recession and why.

Keywords: OECD Country; Public Expenditure; Economic Outlook; OECD Economy; OECD Average (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05764-1_1

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DOI: 10.1007/978-1-349-05764-1_1

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