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The Enigma of the Ineffectiveness of Structural Policy

  • Richard A. Werner

Abstract

The lack of apparent success of fiscal and monetary policies was taken by many economists as evidence that demand-side policies did not work. So they advanced supply-side policies that focus on structural change. Japan, we were told had to implement ‘badly needed’ structural reforms.

Keywords

Economic Performance Gini Coefficient Structural Reform Neoclassical Economic Structural Policy 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Richard A. Werner 2005

Authors and Affiliations

  • Richard A. Werner

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