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Description - American Economic Policy in the 1990s by Jeffrey A. Frankel

The 1990s saw the best economic performance in the United States in three decades. Strong economic growth and falling unemployment were accompanied by low inflation and rising budget surpluses. Although personal bankruptcies climbed, the personal saving rate fell, and the trade deficit expanded, overall, US economic performance during the 1990s was outstanding. This text attempts to write the history of the making of American economic policy during the 1990s. One way to view it is as a "debriefing" of those who made the decisions. Each chapter is devoted to a particular area of economic policy and consists of a background paper written by leading academic economists together with short essays by prominent policymakers, many of whom served in the Clinton administration or previous administrations, and by independent observers. The questions asked about each policy area include: What were the pros and cons of alternative options under consideration? What decision was made? What were the relevant economic arguments for that decision, and what political interests were served? Were other options missing from consideration? Is it possible to judge whether the decision was the right one? Are there lessons for the future?

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Book Details

ISBN: 9780262561518
ISBN-10: 0262561514
Format: Paperback
(229mm x 178mm x 51mm)
Pages: 1131
Imprint: MIT Press
Publisher: MIT Press Ltd
Publish Date: 12-Apr-2002
Country of Publication: United States

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Author Biography - Jeffrey A. Frankel

Alan Kingstone is a Distinguished University Professor and Killam Scholar at the University of British Columbia as well as Senior Scholar at the Michael Smith Foundation for Health Research in Vancouver.

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