Macroeconomic Theories and Policies for the 1990s A Scandinavian Perspective

The authors of this book argue that the "Scandinavian Model" could be a starting point for a more relevant theory of macroeconomics. The importance of macro dynamics is also stressed for the understanding of inflation, growth and distribution.

Part 1 Macroeconomic theory: theoretical perspectives for the 1990's, Bjorn Thalberg; the limits to demand management in small and open economics, Torben Andersen; inflation, unemployment and the distribution of income, Peter Skott; economic consequences of debt deflation, Henrik Lando. Part 2 Macroeconomic policy: the Scandinavian model - past and present, Jesper Jesoersen; competition, cooperation and the social dimention - reviewing the 1992 proposal, Stuart Holland; European integration - propspects and challenge to the Scandinavian model, John Storm Pedersen; is the "Scandinavian Model" an alternative to "Communism" in Eastern Europe?, Bruno Amoroso; macro economics for developing countries - what have we learnt?, Knud Erik Svendsen.