If European supply-side policy
has recently moved in the wrong direction, this could explain weak productivity growth despite promising technological opportunities.
The most recent work in this area links housing and employment decisions and includes housing supply, which makes it possible to extend the model to consider supply-side policy
to affect open space, habitat protection, and land use within a consistent general equilibrium framework.
He noted that this will require both demand and supply-side policy
measures, including support for the development of small-and-medium-sized enterprises.
The government was not obliged to put in place a massive recovery plan or to rescue banks by injecting billions of zlotys, implementing a supply-side policy
. Poland's average GDP growth since it joined the EU has been 4.6% a year, despite the financial crisis.
Basically, they treat the period from 1981 to 2004 as one continuous, 25-year experiment in supply-side policy
including Bill Clinton's push for free trade, welfare reform, and spending control (from 1995 to 2000, spending growth was lower than under any president since Calvin Coolidge).
They analyze specific policies, including those intended to reduce greenhouse gasses, those that work on the demand side in market-based instruments, voluntary or negotiated agreements, and supply-side policy
Education is a supply-side policy
; it improves the quality of workers, not the quality or the quantity of jobs.
These indicators capture the effects of both domestic supply-side policy
reforms and world market potential.
* a 'liberalization-plus' approach involving a mixture of incentive and supply-side policy
For example, in 1979 and 1980 the annual report of the Joint Economic Committee abandoned demand management and called for the implementation of a supply-side policy
. By the time of Ronald Reagan's election as president, there was bipartisan support in Congress for a supply-side change in the policy mix.
(Summary of ''How Far Can 'Supply-Side Policy
' Be Considered Genuine Economics?'' Ronza, October 2001.)
Although an established relationship exists between a few macropolicy indicators and financial market outcomes, there is no such relationship between supply-side policy
indicators and financial market outcomes.
The lack of a coherently implemented supply-side policy
in PASOK's first term was also to be crucial for the evolution of its macroeconomic policy.
Keywords: economic growth; industrial strategy; productivity puzzle; supply-side policy
It thus recommends an extra effort in fiscal consolidation and a supply-side policy
to expand production capacity.OECD believes that the structural deficit is still not quite within the safety zone that would ensure that French public finances were safe from a sharp economic downturn.