Employment 'Miracles' A Critical Comparison of the Dutch, Scandinavian, Swiss, Australian And Irish Cases Versus Germany And the US

"The employment 'miracles' of the late 20th and early 21st century in Australia and smaller European countries like the Netherlands and Denmark have usually been considered the result of macro-economic policy and corporatist negotiations that lead to wave restraint, increased exports, and eventually more jobs. This book shows that accidental circumstances have been just as important as deliberate policies. Particularly striking is the strong correspondence of the housing price bubble-induced wealth effect and related surges in mortgage-financed consumption to the positive economic development and increased employment in most of these 'miracles' - a correspondence that also characterises recent US economic development."--BOOK JACKET.Schwartz, Herman is the author of 'Employment 'Miracles' A Critical Comparison of the Dutch, Scandinavian, Swiss, Australian And Irish Cases Versus Germany And the US', published 2005 under ISBN 9789053567555 and ISBN 9053567550.