The Economics of the Third Way: Experiences from Around the World

The 'third way' is a term often used by politicians and others to indicate a set of new policies adopted by former social democratic parties throughout the world. This book is an attempt to dissect the ideas and economic theory behind the rhetoric of the 'third way' through a critical evaluation of the experiences of 'third way' administrations in a diverse range of countries.

The editors suggest seven elements which can help define the theoretical economic foundations of 'third way' policie...