IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-137-02297-4_11.html
   My bibliography  Save this book chapter

Policies for the Future

In: Exchange Rate Alignments

Author

Listed:
  • John Mills

    (John Mills Ltd)

Abstract

The evidence presented in this book so far indicates that the West does not have a viable set of economic policies capable of guiding it to a sustainable economic future, which is generally accepted by policymakers, a majority of the informed public and by most academic commentators. Instead, in the absence of a viable consensus, there appears to be a major risk that – at best – the Western world is headed for a long period of slow or non-existent growth. At worst the picture could be much gloomier. If many Western countries’ policies to reduce fiscal deficits depress not only their economies but their export markets for the other Western economies in the same condition, a major depression could result. If the authorities in these countries then continue to pursue the same policies as they have up to now, they will be left with no weapons to fight the falling living standards, rising unemployment and political dissatisfaction which will result.

Suggested Citation

  • John Mills, 2012. "Policies for the Future," Palgrave Macmillan Books, in: Exchange Rate Alignments, chapter 11, pages 208-230, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-02297-4_11
    DOI: 10.1057/9781137022974_11
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-137-02297-4_11. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.