Policy Making in a Disorderly World Economy


A major research effort of IUI in recent years has been directed towards tracing and analyzing the causes and implications of the so-called energy crisis of the 1970s. The project - called Energy and Economic Structure - has been financed by the Energy Research Commission. It was carried out in collaboration with the Stockholm School of Economics. B-C Ysander has been coordinating the project at the IUI and K-G Mäler has been responsible for the Stockholm School part.

Much of this project work has been concerned with energy market projections and with estimation and simulation of impacts of energy price changes in the economy. Detailed documentation of that work has been and will be published by IUI.

The focus of interest in the present collection of papers is not on energy problems as such but on the general lessons of the 1970s for macroeconomic dynamics and policy. The papers have been presented in various combinations at IUI seminars over a couple of years. They have been revised, updated and edited to address the stability and macroeconomic policy problems of the 1980s. We have chosen to publish them in this form in our conference series.

The papers report empirical evidence, simulation results and policy suggestions. They should be useful in the ongoing reconsideration and reconstruction of macroeconomic theory. In particular, we believe that this book represents a novel way of looking at the increased levels of uncertainty, instabilities and stagflation that have characterized the disorderly economies of the 1970s.

Stockholm, January 1983
Gunnar Eliasson

Interdisciplinary European Studies

The European Union and the Return of the Nation State


This book explores the complex and ever-changing relationship between the European Union and its member states. The recent surge in tension in this relationship has been prompted by the actions of some member state governments as they question fundamental EU values and principles and refuse to implement common decisions seemingly on the basis of narrowly defined national interests.

About the book


Seminars organized by IFN


To present ongoing research informal brown-bag seminars are held on Mondays at 11:30 am. This is an opportunity for IFN researchers to test ideas and results.

Academically oriented seminars are most of the time held on Wednesdays at 10 am. At these events researchers from IFN and other institutions present their research.

In addition, IFN organizes seminars open to the public. Topics for these are derived from the IFN research.

Research Institute of Industrial Economics, Grevgatan 34 - 2 fl, Box 55665, SE-102 15 Stockholm, Sweden | Phone: +46-(0)8-665 45 00 | info@ifn.se