Third Way Economics

1. Front Matter

   Pages i-xv

   PDF

2. What is the Third Way?

   • Philip B. Whyman

   Pages 1-25

3. A Response to Globalisation

   • Philip B. Whyman

   Pages 26-54

4. Goodbye Keynes?

   • Philip B. Whyman

   Pages 55-88

5. Central Banks and Monetary Policy

   • Philip B. Whyman

   Pages 89-111

6. Labour Market Flexibility

   • Philip B. Whyman

   Pages 112-128

7. Public Sector Reform: Employability

   • Philip B. Whyman

   Pages 129-145

8. Regional Economic Integration

   • Philip B. Whyman

   Pages 146-163

9. Evaluation of Third Way Economics in Practice

   • Philip B. Whyman

   Pages 164-213

10. ‘Real’ Social Democratic Alternatives

    • Philip B. Whyman

    Pages 214-239

11. Back Matter

    Pages 240-283

    PDF

The apparent success of a 'new' variant of social democracy has created considerable interest in the Third Way. This book synthesizes a core economic strategy from the most significant Third Way administrations. It explores the theoretical foundations to Third Way Economics , before evaluating its economic strategy against conclusions drawn from contemporary economics literature and the relative performance of contemporary left-of-centre governments. It additionally contrasts Third Way Economics with more traditional social democratic economic policy in adapting to the challenges posed by today's economy.

• economic integration
• economic policy
• economics
• globalization
• integration
• John Maynard Keynes
• monetary policy
• strategy

'Whyman has done political economists a commendable service in writing this book and in a way that non-economists will readily understand. It is well researched and written, extensive in its indication of key literature in the field and succeeds in walking the reader through the minds of neoliberal, Keynesian and Third Way thinkers.' - Shawn Donnelly, Political Studies Review

• Heaton Norris, Stockport, UK

  Philip B. Whyman

PHILIP B. WHYMAN is Reader in Economics at the University of Central Lancashire, UK. Recent publications include The Impact of the Euro, Sweden and the 'Third Way', An Analysis of Economic Democracy Reforms in Sweden, Britain, the Euro and Beyond, The Left and EMU, British Trade Unions and EMU and Social Democracy and European Monetary Integration.

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