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Descripción Taschenbuch. Condición: Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Stimulus policies or poor relief That is the main government role dilemma. The goal of this book is to look into economic institutions less visited by economics: labor bonding. They are specific to Europe, both in the East and in the West. Unlike Keynesian government expenditures that stimulate current consumption (acting as a form of poor relief), bonding expenditures increase consumption indirectly through improved agents productivity (acting as an instrument of economic growth in the long run). Agents become healthier, better educated, have better working conditions. I extend the boundaries of economic growth theory and argue that a government can positively influence the wealth of an economy if it moves away from poor relief spending and concentrates instead on spending to increase agents' productivity, on stimulus policies. However, in this new century European bonding has to move towards a new equilibrium. While countries in West Europe should reduce some of their bonding and make it more efficient, it is necessary that East Europeans increase their expenditure to reinstate their bonding levels lost during their 1990s transition. 124 pp. Englisch. Nº de ref. del artículo: 9783844302462
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Descripción Taschenbuch. Condición: Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Stimulus policies or poor relief That is the main government role dilemma. The goal of this book is to look into economic institutions less visited by economics: labor bonding. They are specific to Europe, both in the East and in the West. Unlike Keynesian government expenditures that stimulate current consumption (acting as a form of poor relief), bonding expenditures increase consumption indirectly through improved agents productivity (acting as an instrument of economic growth in the long run). Agents become healthier, better educated, have better working conditions. I extend the boundaries of economic growth theory and argue that a government can positively influence the wealth of an economy if it moves away from poor relief spending and concentrates instead on spending to increase agents' productivity, on stimulus policies. However, in this new century European bonding has to move towards a new equilibrium. While countries in West Europe should reduce some of their bonding and make it more efficient, it is necessary that East Europeans increase their expenditure to reinstate their bonding levels lost during their 1990s transition. Nº de ref. del artículo: 9783844302462
Descripción PAP. Condición: New. New Book. Delivered from our UK warehouse in 4 to 14 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. del artículo: L0-9783844302462
Descripción Condición: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Igescu IuliaIulia Igescu studied Economics at University of Pittsburgh. Her research focuses on the role of government in promoting or hindering the economic growth in East and West Europe. As senior economist with IHS in Frankfur. Nº de ref. del artículo: 5470750