Productivity Growth and the Competitiveness of the American Economy :
[Book]
a Carolina Public Policy Conference Volume
edited by Stanley W. Black.
Dordrecht
Springer Netherlands
1989
(176 pages)
Studies in productivity analysis.
1 Economic Background and Introduction to the Papers --;2 The U.S. Basic Industries in the 1980s: Can Fiscal Policies Explain Their Changing Competitive Position? --;Comment --;3 Policy Implications of the Slowdown in U.S. Productivity Growth --;Comment --;4 The Tax Reform Act of 1986 and Economic Growth --;Comment --;5 A Businessman's Perspective on Competitiveness.
Fortunately, a steady hand and generous supply of credit from the Federal Reserve System prevented massive bankruptcies among Wall Street brokerage houses and a collapse of the credit system. Furthermore, the banking system is saddled with mountains of bad debts from the Third World and depressed parts of the American economy.