Explaining the virtuous economic growth of the Golden Age (1945-1973)
Brazilian Journal of Political Economy, Vol. 25 No. 1 (2005), Jan-Mar / 2005, Pages 29-52
This Paper Intends To Describe The Main Causes Of The Virtuous Economic Expansion Of The Golden Age Of Capitalism (1948-1973). The Study Highlights That Some Important Institutional And Political Factors, Defined Under The Auspices Of The Cold War, Were Decisive To Allow The Nation States To Act In Favour Of Full Employment.
JEL Classification: N14, N24, N34.
Keywords: golden age of capitalism economic growth full employment welfare state bretton woods conference