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- W347585153 abstract "This chapter discusses the optimization and the preparation of economic policy. In this study, an interactive optimization procedure is applied to a rather limited model. The essence of approach is creating room for favorable economic developments and then raising the question of whether or not and under which conditions conflicting policy objectives could prevent this room to be used for economic growth. The room is created by assuming that restricted behavior of the economic agents, stemming from the period of stagnation, will vanish, that the government will change its restricted attitude and that decisions of the government and the social partners will be better coordinated. Optimization procedures can help discover the relationships between the priorities attached to policy objectives on the one hand and the conditions under which the policy problems can be solved on the other. Therefore, optimization procedures can be useful tools in preparing economic policy." @default.
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- W347585153 date "1988-01-01" @default.
- W347585153 modified "2023-09-24" @default.
- W347585153 title "Optimization and the Preparation of Economic Policy" @default.
- W347585153 doi "https://doi.org/10.1016/b978-0-444-70529-7.50012-0" @default.
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