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                <text>Cambridge Economic Policy Review Volume 8 No 1</text>
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                <text>April 1982</text>
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            <text>Contents&#13;
&#13;
Acknowledgements Preface Policy Assessment&#13;
&#13;
page&#13;
lll&#13;
Vll&#13;
1&#13;
&#13;
Chapter 1 Chapter 2 Chapter 3&#13;
Chapter 4 Chapter 5&#13;
Statistical Appendix&#13;
&#13;
Britain in the 1980s&#13;
The risks of prolonged stagnation - Social policies in conditions of economic stagnation - A spontaneous recovery? - The reflation alternative - The Labour Party's alternative&#13;
Will British industry recover?&#13;
The recent fall in industrial output - Trade performance - The government's view of industrial decline - An alternative view Remedies for industrial decline - Is government policy working? Future prospects&#13;
Reflation and industrial policy in France&#13;
Some key features of the French economy - 1974 to 1981: the successive failure of two policies - Mitterrand's policy assumptions and constraints - The short-term measures - The implementation of the medium-term strategy - The prospects for policy in the short and medium term&#13;
The 'New Cambridge' hypothesis and fiscal planning&#13;
Private asset accumulation in a model of national income determination - The 'New Cambridge' hypothesis·_, Implications for fiscal policy - Actual and predicted changes in aggregate private expenditure, 1965-81&#13;
Inflation and unemployment - a critique of Meade's solutions&#13;
Meade's hypothesis and proposals - Critique of Meade's assumptions about product markets and profits - Critique of Meade's view of the labour market - How could stagflation be tackled?&#13;
Historical data and projections for the UK economy&#13;
&#13;
4 18 27&#13;
33 39 44&#13;
&#13;
v&#13;
&#13;
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