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Palgrave Macmillan

Third Way Economics

Theory and Evaluation

  • Book
  • © 2006

Overview

Authors:
  1. Philip B. Whyman

    1. Heaton Norris, Stockport, UK

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Table of contents (9 chapters)

  1. Front Matter

    Pages i-xv
    Download chapter PDF

  2. What is the Third Way?

    • Philip B. Whyman
    Pages 1-25

  3. A Response to Globalisation

    • Philip B. Whyman
    Pages 26-54

  4. Goodbye Keynes?

    • Philip B. Whyman
    Pages 55-88

  5. Central Banks and Monetary Policy

    • Philip B. Whyman
    Pages 89-111

  6. Labour Market Flexibility

    • Philip B. Whyman
    Pages 112-128

  7. Public Sector Reform: Employability

    • Philip B. Whyman
    Pages 129-145

  8. Regional Economic Integration

    • Philip B. Whyman
    Pages 146-163

  9. Evaluation of Third Way Economics in Practice

    • Philip B. Whyman
    Pages 164-213

  10. ‘Real’ Social Democratic Alternatives

    • Philip B. Whyman
    Pages 214-239

  11. Back Matter

    Pages 240-283
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Keywords

About this book

The apparent success of a 'new' variant of social democracy has created considerable interest in the Third Way. This book synthesizes a core economic strategy from the most significant Third Way administrations. It explores the theoretical foundations to Third Way Economics , before evaluating its economic strategy against conclusions drawn from contemporary economics literature and the relative performance of contemporary left-of-centre governments. It additionally contrasts Third Way Economics with more traditional social democratic economic policy in adapting to the challenges posed by today's economy.

Reviews

'Whyman has done political economists a commendable service in writing this book and in a way that non-economists will readily understand. It is well researched and written, extensive in its indication of key literature in the field and succeeds in walking the reader through the minds of neoliberal, Keynesian and Third Way thinkers.' - Shawn Donnelly, Political Studies Review

Authors and Affiliations

  • Heaton Norris, Stockport, UK

    Philip B. Whyman

About the author

PHILIP B. WHYMAN is Reader in Economics at the University of Central Lancashire, UK. Recent publications include The Impact of the Euro, Sweden and the 'Third Way', An Analysis of Economic Democracy Reforms in Sweden, Britain, the Euro and Beyond, The Left and EMU, British Trade Unions and EMU and Social Democracy and European Monetary Integration.

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