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The new economy: models of government policy

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  • Atanas Leonidov

Abstract

This article intends to clarify the role of economic policy under the conditions of The New Economy. It sustains the concept that the changes in the economic policy bear a lasting character and represent a natural result from the action of new factors of growth on both national and global scale. It uncovers the succession of the new models of government policy to the philosophy of the traditional economic theory manifesting itself in its fundamental principles and rules of ensuring macroeconomic stability, openness and competition.

Suggested Citation

  • Atanas Leonidov, 2003. "The new economy: models of government policy," Economic Thought journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 3-21.
  • Handle: RePEc:bas:econth:y:2003:i:3:p:3-21
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    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E63 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization; Treasury Policy
    • F02 - International Economics - - General - - - International Economic Order and Integration

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