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Konjunkturpolitik kann Strukturreformen nicht ersetzen / Cyclic policy cannot replace structural reforms

The authors agree with Flassbeck’s claim that growth generates employment. However, they do not agree with Flassbeck’s conviction that growth is to be increased by demand management. In their comment, they explain why deficit spending and expansionary monetary policy are inappropriate substitutes for a sound structural policy.

Identiferoai:union.ndltd.org:Potsdam/oai:kobv.de-opus-ubp:4788
Date January 2005
CreatorsKessing, Sebastian G., Konrad, Kai A.
PublisherUniversität Potsdam, Extern. WeltTrends e.V. Potsdam
Source SetsPotsdam University
LanguageGerman
Detected LanguageEnglish
TypePostprint
Formatapplication/pdf
SourceWeltTrends - Zeitschrift für Internationale Politik, 47 (2005), S. 111 - 114
Rightshttp://opus.kobv.de/ubp/doku/urheberrecht.php, Volltextzugriff: WeltTrends-Archiv - eingeschraenkter Zugriff

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