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The tale of two recessions: 1929 and the Gold Standard, 1992 and the ERM

Abstract:
Europe has been locked into mass unemployment for the past decade and more, with all the economic and social misery which goes with that. The blame is pu t alternatively on the ‘world recession’, the welfare state, inflexible labour markets — almost anywhere except on government economic policy. Yet the governments of the European Union deliberately pursued deflationary, low growth, high unemployment policies throughout the 1990s.
Publication status:
Published
Peer review status:
Peer reviewed

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Publisher copy:
10.4324/9781315008868

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Institution:
University of Oxford
Division:
ContEd
Role:
Author
Publisher:
Routledge
Host title:
The Political Economy of Competitiveness
Chapter number:
6
Publication date:
2000-01-01
DOI:
EISBN:
9781315008868
Language:
English
UUID:
uuid:e2072b93-4ffd-457d-a83c-65dad004fc69
Deposit date:
2016-08-03

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