Business & Economics Economic Development
Economic Recovery for Canada
A Policy Framework
- Publisher
- James Lorimer & Company Ltd., Publishers
- Initial publish date
- Jan 1984
- Category
- Economic Development
-
Paperback / softback
- ISBN
- 9780888627070
- Publish Date
- Jan 1984
- List Price
- $14.95
-
Hardback
- ISBN
- 9780888627087
- Publish Date
- Jan 1984
- List Price
- $45.00
-
eBook
- ISBN
- 9781552773499
- Publish Date
- Feb 2008
- List Price
- $45.00
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Description
In Economic Recovery for Canada, economists John Cornwall and Wendy Maclean argue that monetarists arrived at an incorrect explanation of inflation--and its cure--by adopting outdated assumptions from neoclassical economics.
Against the background of the economic recession of the early 1980s, the authors propose a four-part framework for recovery to rival the monetarist policy of deregulation and spending cuts: a tax-based incomes policy to control inflation; stimulation of the economy to achieve full employment; innovative investment in industry; and Japanese-style management reforms to enhance productivity.
Economic Recovery in Canada is an incisive contribution to the vital economic debates of a crucial period in Canadian history.
About the authors
JOHN CORNWALL is McCulloch Emeritus Professor in the Economics Department of Dalhousie University.
WENDY MCLEAN is a professor of economics at Mount Saint Vincent Univesity in Halifax, Nova Scotia.