Publisher's Synopsis
This updated second edition provides: microeconomic coverage including new references to President Clinton's health-care programme, his plans to reduce the deficit, and "Reading between the lines" on the midwestern floods of summer 1993; and macroeconomic coverage including all GDP statistics updated to 1992, all prices and unemployment percentages updated to 1993, new "Reading beween the lines" coverage of Clinton's deficit reduction plan, a new section on Clintonomic fiscal policy, the 1992 presidential election campaign and its outcome, the 1992 federal deficit, high inflation rates in Eastern Europe and Russia, and names and status of Eastern European nations updated.