Abstract
The contents table lists 21 measures for reducing unemployment. There could well be many more, depending on the numbers of variations that are included. The criteria used here are:
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(1)
it is not a macroeconomic measure concerned with money supply, public sector borrowing requirement, interest rates, aggregate investment, wages and salary levels or general fiscal policy.
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(2)
It has been suggested or proposed by some responsible and knowledgeable person or body.
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(3)
It can be reasonably specified in unambiguous terms and can be costed in some way, how ever roughly.
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(4)
It is not outrageous in the sense that it would have very little backing and could not possibly be put into force (any measure implying a degree of compulsion which might be accepted, for example, in Communist countries but most unlikely in Britain, comes into this category).
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Notes
‘What “productivity” means’, Economic Progress Report, no. 141, January 1982 (The Treasury/HMSO) p. 1.
TUC Economic Review 1985: Charter for Change (TUC, 1985) p. 37.
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© 1987 Edwin Whiting
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Whiting, E. (1987). Explaining the framework. In: A Guide to Unemployment Reduction Measures. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08621-4_2
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DOI: https://doi.org/10.1007/978-1-349-08621-4_2
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