Beyond Keynesianism : the socio-economics of production and full employment

Bibliographic Information

Beyond Keynesianism : the socio-economics of production and full employment

edited by Egon Matzner and Wolfgang Streeck

Elgar, c1991

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Note

Selection of papers and discussions presented at the Conference 'No Way to Full Employment' held in Berlin from 5 to 7 July 1989, and later revised for this volume

Includes bibliographical references and index

Description and Table of Contents
Volume

ISBN 9781852784249

Description

This important book goes beyond generalizations and takes a hard-headed look at the real strengths and weaknesses of Keynesian demand management and supply side economics.Keynesianism has failed to reconcile high levels of competitiveness with full employment. This was confirmed in the 1980s by the performance of the UK, the US and West Germany. Sweeping de-regulation has not proved to be an adequate solution. The book shows how effective supply conditions could supplement Keynesian demand management to achieve sustainable levels of high employment. The measures advocated include a system of industrial relations which allows high wages and job security in return for acceptance of a high pace of technological and organizational change; the promotion of skill development as well as intra-firm training programmes; the formation and encouragement of co-operation between different regions. It is argued that the supportive institutions, coupled with effective demand policies would succeed in marrying high employment with internationally competitive production.

Table of Contents

  • Part 1 On effective supply conditions: on the institutional conditions of diversified quality production, Wolfgang Streeck
  • against de-industrialization - a strategy for old industrial areas, Gernot Gragher. Part 2 On effective labour market and social policy: on the institutional preconditions of effective labour market policies, Gunther Schmid and Bernd Reissert
  • does (de-) regulation matter? employment protection in West Germany, Christoph Buchtemann
  • employment and industrial restructuring in the United States and West Germany, Eileen Applebaum and Ronald Schettkat. Part 3 On effective demand conditions
  • international constraints on fiscal policies - a comparison, Hansjorg Herr
  • monopolistic international policy coordination by DM-appreciation - alternative to flexible exchange rates and EMS-harmonization, Heinz-Peter Spahn
  • the contractionary net effect of an appreciation of the mark - a comment to Spain, Jan A.Kregel
  • employment growth and the speed of industrial innovation, Gerhard Hanappi and Michael Wagner. Part 4 Towards a context for full employment
  • institutions, policies, and employment, Egon Matzner.
Volume

ISBN 9781858980720

Description

This important book goes beyond generalizations and takes a hard-headed look at the real strengths and weaknesses of Keynesian demand management and supply side economics.Keynesianism has failed to reconcile high levels of competitiveness with full employment. This was confirmed in the 1980s by the performance of the UK, the US and West Germany. Sweeping de-regulation has not proved to be an adequate solution. The book shows how effective supply conditions could supplement Keynesian demand management to achieve sustainable levels of high employment. The measures advocated include a system of industrial relations which allows high wages and job security in return for acceptance of a high pace of technological and organizational change; the promotion of skill development as well as intra-firm training programmes; the formation and encouragement of co-operation between different regions. It is argued that the supportive institutions, coupled with effective demand policies would succeed in marrying high employment with internationally competitive production.

Table of Contents

  • On effective supply conditions
  • on effective labour market and social policy
  • on effective demand conditions
  • towards a context enhancing full employment.

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