Growth as an objective of economic policy in the early 1960s : the role of aggregate demand (notice n° 388583)
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| fixed length control field | 02689cam a2200289 4500500 |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20250119031041.0 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | fre |
| 042 ## - AUTHENTICATION CODE | |
| Authentication code | dc |
| 100 10 - MAIN ENTRY--PERSONAL NAME | |
| Personal name | Schwarzer, Johannes A. |
| Relator term | author |
| 245 00 - TITLE STATEMENT | |
| Title | Growth as an objective of economic policy in the early 1960s : the role of aggregate demand |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Date of publication, distribution, etc. | 2014.<br/> |
| 500 ## - GENERAL NOTE | |
| General note | 95 |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | Cet article traite des discussions du début des années 1960 concernant la détermination d’un niveau de demande optimal susceptible de maximiser le taux de croissance. Ce débat eut lieu dans le contexte de la guerre froide où les décideurs, notamment aux États-Unis, étaient tenus de réaliser des taux de croissance supérieurs à ceux de l’Union soviétique. Supposant qu’une maîtrise appropriée de la demande pouvait infléchir le cycle économique, la régulation et la décision du niveau de la pression de la demande étaient considérées comme un instrument majeur de la politique économique. Aussi, le débat a principalement consisté à déterminer si l’économie pouvait ou non fonctionner en présence de fortes pressions inflationnistes et des niveaux de demande élevés, favorables à la croissance, ou si un certain ralentissement de l’économie et des tendances déflationnistes constituaient une condition préalable à une trajectoire de croissance prospère. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc. | This paper sheds light on economic policy discussions in the early 1960s about whether there is an optimal level of demand to maximise the rate of growth. This discussion was influenced by the Cold War, which urged policy makers particularly in the USA to achieve higher rates of growth than the Soviet Union. As it was assumed that good demand management can damp the business cycle, regulating and deciding upon the level of demand pressure in the economy was regarded as an important tool for economic policy. The main debate therefore evolved around the question whether or not the economy should be run at high demand pressure and inflation to foster growth or if some slack in the economy and deflationary tendencies are a prerequisite for a prosperous growth path. JEL classification : B22, E61, O40 |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | compromis |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | courbe de Phillips |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | croissance |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | politique économique |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | demande agrégée |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | growth |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | aggregate demand |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | Phillips curve |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | trade-off |
| 690 ## - LOCAL SUBJECT ADDED ENTRY--TOPICAL TERM (OCLC, RLIN) | |
| Topical term or geographic name as entry element | economic policy |
| 786 0# - DATA SOURCE ENTRY | |
| Note | Cahiers d'économie Politique | 67 | 2 | 2014-12-01 | p. 175-206 | 0154-8344 |
| 856 41 - ELECTRONIC LOCATION AND ACCESS | |
| Uniform Resource Identifier | <a href="https://shs.cairn.info/revue-cahiers-d-economie-politique-1-2014-2-page-175?lang=en&redirect-ssocas=7080">https://shs.cairn.info/revue-cahiers-d-economie-politique-1-2014-2-page-175?lang=en&redirect-ssocas=7080</a> |
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