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In order to fight Inflation President Nixon has resorted to means of Interference which the US economy Is not accustomed to. The following article deals with the Intricacies arising from Phase II of his price- and wage-policy.
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The European summit in Dublin has shown that any further European integration will be determined in great measure by agreement on the financing of future Community budgets and by the EC’s expenditure policy. This article shows how the political controversy about the Community’s budget...
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Although at first publlc reaction to President Nixon’s Economic New Deal was very positive, criticism has been increasing during the last weeks. The most controversial issue at the moment in the USA Is without doubt the wage and price freeze imposed for 90 days.
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