Unemployment - 9780367027360

Name: Unemployment - 9780367027360
Brand: Taylor & Francis

Taylor & Francis

UnemploymentThe European Perspective\nAuthor(s): Angus Maddison, Bote S. Wilpstra\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9780367027360, 978-0367027360\nSynopsis\nFirst published in 1982. Unemployment was a major scourge of the advanced capitalist countries in the 1930s, but in the golden age of post-war expansion which lasted until 1973, it had seemingly been vanquished by enlightened economic policy. Since 1973, unemployment has re-emerged as a major problem, along with accelerated inflation and problems of structural adjustment imposed by soaring energy prices. \n\nThe rise in European unemployment came in two surges as a result of the generalised recessions of [tel] and [tel]. At the beginning of 1982 unemployment in the European Community was running close to 10% of the labour force compared with a norm of under 2% in the 1960s. \n\nThese abrupt and serious changes in the labour market have created major new dilemmas .