«¾¾¾¾ How did Sweden become rich?
«¾¾¾¾ How did Sweden become egalitarian?
«¾¾¾¾ Why has Sweden since the early 1990s grown faster tha
The theory of modern statecraft presented here involves a combination of knowing what and knowing how. It has the potential to be generally applicable in any advanced democracy with the ambition to improve its economy and society. This book is of interest for anyone who is concerned about budget deficits, slow growth, over regulation, lack of structural reforms and the rise of populism. It will appeal to scholars of political science, public policy and political economy.
Using data current through the first half of 2003, Frumkin focuses on the meaning and use of a wide array of indicators of economic growth, employment, wages, productivity, investment, saving, and finance in assesing the current state of the U.S. economy and forecasting future developments. Equally useful for economists, students, investors, journalists, and anyone concerned with the economy, this totally revised edition includes detailed coverage of many important new topics, such as terrorism's impact on the economy, federal debt and interest rates, job openings and unemployment, government spending and taxes, the 2001 recession, and much more.
Equally usefull for economists, students, investors, and anyone concerned with the economy, this totally revised edition includes detailed coverage of many important new topics, including:
--reclaiming American manufacturing;
--differential patterns of the expansions of the 1980s and the 1990s-2000;
--wealth effect of stock market and housing prices;
--significance of consumer confidentce surveys;
--age of nonresidential structures and equipment and future investment;
--government spending and tax components;
--frequency of tax changes;
--taxation and work effort;
--sustainability of balance of payments deficits and foreign indebtedness;
--jobless recoveries in 1991-92 and 2002-03;
--interstate variations in income and unionization;
--interstate variations in unemployment insurance;
--job openings and unemployment;
--terrorism impacts on economic growth and productivity;
--spread of oil price changes to the non-energy sectors