This volume offers an original perspective on the relationship between economic theory and policy. It discusses the lessons of economic theory and policy from a broad political economy perspective.

Chapter 1 Introduction and overview; Part I Globalisation; Chapter 2 Globalisation, unemployment and government policy; Chapter 3 Trade theory and policy; Chapter 4 Trade and growth; Part II History versus equilibrium; Chapter 5 Recession and economic revival in Britain; Chapter 6 The tale of two recessions; Chapter 7 Britain's industrial performance since 1960; Part III Public policy and corporate governance; Chapter 8 From Welfare to Work?, Michael Kitson, Jonathan Michie, Holly Sutherland; Chapter 9 Markets, competition and innovation;

Kitson, Michael; Michie, Jonathan