supply-side economics

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  • noun

Words related to supply-side economics

the school of economic theory that stresses the costs of production as a means of stimulating the economy

References in periodicals archive ?
Fully realizing the potential of new technologies will, however, depend on better supply-side policies.
In many ways, supply-side policies are better policies, assuming that the demand exists, since they both slow down housing-price and credit growth while still generating economic growth by fostering increased production of homes, supporting a construction industry that plays an important role in the Canadian economy.
A long period of relative economic decline vis-a-vis other European economies seemed to have come to an end under the auspices of the supply-side policies initiated under the Thatcher government and continued in most respects by New Labour (cf.
To transform capitalism into a more sustainable model, social democratic governments need to address these structural problems, with supply-side policies to encourage the creation of jobs, investment in capital and plant, and in technical and vocational training for workers.
The preceding analysis points to still another advantage of NGDP targeting: such targeting would make it easier for the public to appreciate the need for sound supply-side policies.
Since 1994, Yellen has contributed to the deleterious shift away from bullish, supply-side policies, toward bearish, demand-side (Keynesian) policies, first as a Federal Reserve Board member (1994--1997); (3) then as an adviser to President Clinton (1997--1999), pushing for more sub-prime mortgages; then as president of the San Francisco Fed (2004-2010); and, most recently, as vice chairman of the Fed (2010-2013).
In fact, this emphasis also means that the markets are in pursuit of a new economy because the traditional Keynesian policies are now over and neo-liberal supply-side policies have failed; it should be noted that these policies were the main parts in the remedies offered by the International Monetary Fund (IMF) to the countries in crisis in the 1980s and the 1990s.
17) In fact, research has consistently indicated that the United States supply-side policies are instead a leading cause of the current international epidemic.
In addition to demand policies, making the development process more inclusive and sustainable calls for supply-side policies to remove structural impediments to growth such as energy shortages and inadequate infrastructure.
I also found it interesting the way Niederjohn sets supply-side policies apart from monetary and fiscal policy, saying "When it comes to stimulating an economy, discretionary fiscal and monetary policy aren't the only games in town.
What is applicable for all is that for any of these structural transformations to be successfully implemented, sound policy making and institutions need to be in place, and the seeds of supply-side policies need to be sown early if these economies are to escape the looming middle income trap," the analysis said.
Impact of supply-side policies for control of illicit drugs in the face of the AIDS and overdose epidemics: Investigation of a massive heroin seizure.
The most successful innovation performers have focused their investments in a smart specialisation strategy combining supply-side policies (such as public subsidies to higher education, business R&D, venture capital and scientific and technological infrastructures) and demand-side policies (such as public procurement of innovative products, performance-based standardisation and pro-competitive product market regulations).
THE TRIUMPH OF SUPPLY-SIDE POLICIES seems hard to refute in retrospect.
Among them are the role of social sciences in protecting, restoring, and conserving renewable resources; an economic assessment of supply-side policies to conserve biodiversity and save the orangutan from oil palm expansion; redirecting conservation efforts to address the declines of the wild rabbit and the Iberian lynx in Spain; the impact of tidal energy barrages on estuarine geomorphology; assessing the role of the host immune system in emerging viral infectious diseases of amphibian populations using laboratory animal models; and nature walks with challenged people in Japan.