This paper assesses the facts of the matter, searches for their implications for national economies, and considers the scope and need for local and national policies that provide a basis for balanced growth. The first section will summarize the evidence and implications leading to the conclusion that there is still great scope and need for national policies. The second section will consider some specific domestic policies that can help to support balanced growth.
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Paper provided by John Deutsch Institute for the Study of Economic Policy in its series Working Papers with number
20.
Find related papers by JEL classification: H55 - Public Economics - - National Government Expenditures and Related Policies - - - Social Security and Public Pensions H50 - Public Economics - - National Government Expenditures and Related Policies - - - General F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission