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This is where Osborne's bold new macroeconomic approach comes in.
This political strategy explains the government's failure to contemplate a more flexible macroeconomic approach in 2011.
If you take a standard macroeconomic approach to things, it's hard to argue with Blanchard's analysis.
Its macroeconomic approach utilises an employment-demand model through which enormous naval defence expenditures created an exceptional period of demand-led economic growth.
Fiscal policy has stopped working; the sickness of Japan's banks makes any macroeconomic approach to the problem, fiscal or monetary, irrelevant; the country's productive potential, not merely its ability to mobilise demand, is collapsing.
The other big-ticket items are the ones that I hope you are familiar with: the tax reform package, the pupil premium, the new approach to banking, the macroeconomic approach and our political reform programme.
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They employ comprehensive macroeconomic approaches such as econometric, general equilibrium, or system dynamic models.
His conclusion then restates his initial premise that standard macroeconomic approaches could have solved the problem of stagnating salaries, yet without showing how they would do that.
This exercise was focused in the macroeconomic and systemic approach applied for development.
As regards GTAP's macroeconomic closures, two approaches are available.
Macroeconomic and demographic approaches may help us address some of the big questions related to the role of disease management capability.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com