"Job placement” has been the traditional goal of labour and employment policies, but this report argues otherwise. To stay competitive in a globalised economy, governments must also strive to enhance the skills of workers, increase their productivity and provide upward mobility to immigrants...

Macroeconomic analysis of the 1990s. High growth in the past -- The 1990s -- Demand or supply? -- What type of demand? -- The "abnormality" of demand fluctuations -- Investment -- Investment to increase production capacity, and stock adjustment -- The recovery of 1995-1996 -- The fiscal policy...