7. Maintain state services Fiscal Policy ↑ expenditure on health, education, social welfare, etc ⇒ Provide adequate hospital, schools, housing creates employment ↑ taxes to ↑ government revenue to fund state services. Monetary Policy Economic Planning Direct Creation of jobs in the public sector Intervention Provision of training facilities and 3rd level education. Prices and Incomes policies Exchange rate policies 8. Even distribution of wealth Fiscal Policy Spend tax so that all sectors of society benefit Provide adequate social welfare Development of training and education facilities Monetary Policy Economic Discussions with social partners – Job bridge scheme Planning Direct Intervention Prices and Incomes policies Exchange rate policies
7. Maintain state services Fiscal Policy ↑ expenditure on health, education, social welfare, etc Provide adequate hospital, schools, housing ⇒ creates employment ↑ taxes to ↑ government revenue to fund state services. Monetary Policy Economic Planning Direct Intervention Creation of jobs in the public sector Provision of training facilities and 3rd level education. Prices and Incomes policies Exchange rate policies 8. Even distribution of wealth Fiscal Policy Spend tax so that all sectors of society benefit Provide adequate social welfare Development of training and education facilities Monetary Policy Economic Planning Discussions with social partners – Job bridge scheme Direct Intervention Prices and Incomes policies Exchange rate policies
Policies%20to%20achieve%20aims%20%28B.%20Nolan%29.docx