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Business & Economics Economic Development

Economic Recovery for Canada

A Policy Framework

by (author) John Cornwall & Wendy Maclean

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and Wendy Maclean argue that monetarists arrived at an incorrect explanation of inflation--and its cure--by adopting outdated assumptions from neoclassical economics.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.

John Cornwall's profile page

WENDY MCLEAN is a professor of economics at Mount Saint Vincent Univesity in Halifax, Nova Scotia.

Wendy Maclean's profile page