The Enigma of the Ineffectiveness of Structural Policy

Richard Werner ()

Chapter 5 in New Paradigm in Macroeconomics, 2005, pp 91-102 from Palgrave Macmillan

Abstract: Abstract The lack of apparent success of fiscal and monetary policies was taken by many economists as evidence that demand-side policies did not work. So they advanced supply-side policies that focus on structural change. Japan, we were told had to implement ‘badly needed’ structural reforms.

Keywords: Economic Performance; Gini Coefficient; Structural Reform; Neoclassical Economic; Structural Policy (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-50607-7_6

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DOI: 10.1057/9780230506077_6

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