Does Europe need neoliberal reforms?
检验了新自由主义的主张，即放弃凯恩斯主义宏观管理和福利国家、恢复灵活劳动力市场政策是实现可持续增长和充分就业的唯一途径。通过比较七种发达经济体的表现，发现与新自由主义正统最不同的模式表现最佳。
This paper examines the neoliberal claim that the only way to achieve sustainable growth and full employment is to abandon Keynesian macroeconomic management and the welfare state and bring back 'flexible labour market policies'. It summarises the conditions required for neoliberal policies to produce such an outcome and their relevance to contemporary economic, social and political realities. This is followed by an empirical comparison of the economic performance and social well-being of seven advanced economies, widely regarded as leading proponents of the three models of capitalism: liberal, corporatist and social democratic. Contrary to the claim, the model that performs best is the one that has least in common with the neoliberal economic orthodoxy -- a conclusion that is likely to be of particular relevance in the present century. Copyright 2007, Oxford University Press.