The Unemployment Crisis in Australia
Which Way Out?
Edited by Stephen Bell
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Unemployment Crisis in Australia by Stephen Bell
Book DescriptionSince the 1970s the average level of unemployment in Australia has risen each decade. This has imposed huge economic, social and human costs, making unemployment one of the most pressing problems confronting Australia. Governments, however, seem powerless in the face of this problem. Drawing on the expertise of some of Australia's leading economists, this book, first published in 2000, argues that the currently fashionable approaches of wage cuts and further steps towards labour market flexibility will not solve the unemployment problem. In reality, unemployment and rising inequality are symptoms of the growing failure of contemporary labour markets to distribute jobs and incomes effectively. The contributors argue that the main solution to this problem is not wage cuts but jobs growth. This important book points to a way beyond the current policy malaise and offers detailed solutions to unemployment.
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Book DetailsISBN: 9780521643948
(228mm x 152mm x 17mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 6-Jun-2000
Country of Publication: United Kingdom
Books By Author Stephen Bell
Masters of the Universe, Slaves of the Market, Hardback (March 2015)
Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlike their competition-driven, risk-taking U.S. and UK counterparts.
Rise of the People's Bank of China, Hardback (June 2013)
The People's Bank of China surpasses the Federal Reserve as the world's biggest central bank. In the first comprehensive account of the evolution of central banking and monetary policy in reform China, Stephen Bell and Hui Feng show how the PBC's authority grew from a Leninist party-state that once jealously guarded its control.
Rethinking Governance, Paperback (June 2009)» View all books by Stephen Bell
This book seeks to make key developments in political science relevant to discussions about governance.
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