Introduction

At the time in which this book was first published in 1987, mass unemployment had emerged as the dominant, most visible, problem of the West European economies. The post-war experience of expansion was remarkable in that it experienced growth high enough to sustain a consensus on the possibility and desirability of full employment. This period declined into one of poor economic performance in the 1970s. Growth slowed and the subsequent years were characterised by painful adjustment and dislocation.

Discussion

In this challenging discussion of ways to overcome unemployment Ciaran Driver stresses the importance of managed restructuring. Driver focuses attention of the role of investment in fixed assets and human resources, and argues that governments do have a major role in steering the economy through a period of turbulent change, and that there are policies which can move the economy towards full employment. This book is ideal for students of business and economics.