Economic Policy in Practice

I / General considerations on the economic policy of the central government and the intervention of the local authorities and their specialized finance institutions therein.- The trade cycle in general.- Prosperity.- The transition from prosperity to recession.- Contraction.- The transition to recovery.- The background of economic policy.- The instruments and points of application of present-day economic policy.- The responsibility and organs for economic policy.- The instruments for economic policy.- Monetary instruments.- The monetary policy of the central bank.- The monetary policy of the central authorities.- Non-monetary instruments.- Local authorities and economic policy.- The influence of local authorities' activities on the economic situation.- The influence of the economic policy of the central authorities on the local authorities' economies.- The co-operation of the local authorities in the economic policy of the central authorities.- Local authority credit institutions and economic policy.- II / The economic policy of the central government and the intervention of the local authorities and their specialized finance institutions therein in different countries.- Austria.- Responsibility for and the bodies involved in the economic policy.- The central bank.- The Federal Government.- The Chambers.- The Austrian Federation of Trade Unions and the Austrian Association of Industrialists.- The Joint Prices and Wages Commission.- The Consultative Committee for Economic and Social Matters.- The Austrian Institute for Economic Research.- The instruments for the economic policy.- Monetary instruments.- Monetary instruments of the central bank.- Bank-rate policy.- Open market policy.- Minimum deposit policy.- Credit restriction.- Other instruments.- Monetary instruments of the central authorities.- Non-monetary instruments.- Budgetary policy.- Budget expenditure.- Budget revenues.- Transfer and subsidy policy.- Wage policy.- Price policy.- The municipalities and the economic policy.- The institutions for local credit and the economic policy.- Belgium.- Responsibility for the economic policy.- The bodies involved in the economic policy.- The Government.- The Economic Planning Bureau.- The Central Council of the Economy.- The Banque Nationale.- The Interest Fund.- Local authorities.- The instruments for the economic policy.- Direct controls.- Price controls.- Wage controls.- Quantity controls.- The public finances.- Budgetary policy.- Fiscal measures.- Public expenditure.- Credit.- The municipalities and the economic policy.- Subsidy policy.- Spreading of local works.- The Crédit Communal de Belgique and the economic policy.- Denmark.- Responsibility for the economic policy.- The bodies involved in the economic policy.- The central Government.- The National Bank of Denmark.- The local authorities.- The Economic Co-ordination Council.- The instruments for the economic policy.- Monetary instruments.- Monetary policy of the National Bank.- Monetary policy of the central Government.- Non-monetary instruments.- Regulation of government expenditure and revenue.- Transfer.- Wage-fixing.- Government control of building operations.- The municipalities and the economic policy.- Local authority credit institutions and the economic policy.- Federal Republic of Germany.- Responsibility for the economic policy.- The bodies involved in the economic policy.- The instruments for the economic policy.- The instruments of the central bank.- Bank rate policy.- Minimum reserve policy.- Open market policy.- Other instruments of the Deutsche Bundesbank.- The administration's instruments of economic policy.- Preliminary comment.- Foreign economic policy.- Wage policy.- Price policy.- Financial policy.- Policy of moral suasion.- The municipalities and the economic policy.- The local authority credit institutions and the economic policy.- France.- Bodies responsible for the economic policy.- The preparation of the economic policy.- Procedure for adopting t