Economic policy initiatives

Pekka Korpinen, D.Soc.Sc., Director of the Labour Institute for Economic Research (TTT), has gathered in this book his central essays on economic policy from nearly twenty years. The most important questions have been macroeconomic policy — particularly exchange rate policy — crises and long cycles in the world economy, Finland’s trade policy, taxation, and many other problems of political economy.

The essay collection opens before the reader a structured understanding of both the recent past and the possibilities and threats of the future. A sense of the future is always needed in order to influence developments in good time. Assessments and forecasts are at their best when they destroy themselves by leading decision-makers to corrective measures. Wrong forecasts can therefore be the best ones.

The narrowing and fragmentation of economics has meant that general presentations covering broader wholes are published ever less frequently. “Economic Policy Initiatives” retains its topicality, because the core questions of economic policy disappear from our field of vision only to return a moment later. (AI translation)

• ISBN: 951-9281-83-5