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From unemployment to rapid growth?

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  • Jordan, Bill

Abstract

With unemployment in the OECD countries approaching 30 millions, and with the Mitterrand regime providing yet another example of the failure of demand-led attempts at growth, this article considers the possibility of the advanced industrialised countries returning to a pattern of rapid growth based on plentiful labour supplies. If Keynesian measures to combat high unemployment are rejected, will redundant labour eventually find its own demand, and will this allow a new wave of fast industrial expansion?

Suggested Citation

  • Jordan, Bill, 1982. "From unemployment to rapid growth?," Intereconomics – Review of European Economic Policy (1966 - 1988), ZBW - Leibniz Information Centre for Economics, vol. 17(6), pages 263-267.
    • Handle: RePEc:zbw:inteco:139829
    DOI: 10.1007/BF02930169
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    Keywords

    Industrial Employment;

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