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                <text>Cambridge Economic Policy Review Volume 7 No. 1</text>
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            <text>Contents&#13;
&#13;
Acknowledgements&#13;
&#13;
Policy Assessment&#13;
&#13;
The government's economic philosophy- Critique of the government's philosophy- An alternative philosophyWho is right? - Is there an alternative?&#13;
A formal model of fiscal policy&#13;
&#13;
Chapter 1&#13;
&#13;
The performance of the economy- past and future&#13;
The ending of economic growth - Why growth came to an end The acceleration of inflation- Why North Sea oil was wastedProspects under existing government policy - How far is the 1981 budget to blame?- Conclusion&#13;
&#13;
Chapter 2&#13;
&#13;
The PSBR and public expenditure&#13;
PSBR targets and fiscal policy - Public expenditure cuts The burden of adjustment - The UK compared with other countries&#13;
&#13;
Chapter 3&#13;
&#13;
Questions and evidence&#13;
Wages and prices - Employment and unemployment - The exchange rate - Industrial exports and imports - Industrial restructuring&#13;
&#13;
Statistical Appendix&#13;
&#13;
page iii 1 6 8&#13;
25&#13;
32&#13;
53&#13;
&#13;
v&#13;
&#13;
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              <text>Camridge Economic Policy Review Volume 7 No 1, page v</text>
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              <text>April 1981</text>
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