Skip to:
  1. Main navigation
  2. Main content
  3. Footer
Economic Commentary

Economic Policy Issues for 1988 and Beyond

The 1980s have been especially difficult years for industrial areas of the country. We have experienced an enormous transformation in our economies. Once prominent industries have declined in absolute and relative importance. Under the pressures of competition, firms have been forced to alter operations and restructure facilities. Change of this sort is usually painful for the people and the communities involved, but if change is inevitable and leads to a better world, then much has been accomplished.

The views authors express in Economic Commentary are theirs and not necessarily those of the Federal Reserve Bank of Cleveland or the Board of Governors of the Federal Reserve System. The series editor is Tasia Hane. This paper and its data are subject to revision; please visit clevelandfed.org for updates.

Suggested Citation

Hoskins, W. Lee. 1987. “Economic Policy Issues for 1988 and Beyond.” Federal Reserve Bank of Cleveland, Economic Commentary 11/15/1987.

This work by Federal Reserve Bank of Cleveland is licensed under Creative Commons Attribution-NonCommercial 4.0 International