...Nick Potts If we accept the logic of mainstream free‐market ideology‐based macroeconomic theory, the European Central Bank should, to maximise economic efficiency, be independent of political influence. It is easy to forget that such an understanding of the economy was discredited by the great...

..., as is the matter of whether the SEM will enhance the EU’s long‐term growth prospects. Questions of macroeconomic policy, such as should the EU prioritise the fight against inflation above all other macroeconomic policy objectives are also considered. © MCB UP Limited 2000 Single market Competition...

... criticism. Proposes improvements in five areas: the application of macroeconomic conditions and time limits, reductions in the size of the budget, the introduction of feasibility studies and appraisals, the use of loans instead of subsidies and a return of the responsibility for regional policy...

... theory Employees Investment Macroeconomics Sweden Employee investment funds (EIFs) were first proposed in Sweden by a working party headed by the senior economist Dr Rudolf Meidner,commissioned at the 1971 Congress of the Swedish Confederation of Trade Unions (LO). Its remit was to solve...

... reforms, macroeconomic policy, banking, foreign investment, trade, human capital and employment. Concludes that, although the immediate prospects of the Russian economy appear uncertain, the longer‐term potential is huge, considering its possession of certain key advantages that should prove durable. ©...