ABSTRACT
The Rehn-Meidner model represented an evolution or adaptation of Keynesian theory and strategy. In so far as it was ever fully implemented, the Rehn-Meidner approach sought to utilise a wider range of instruments in order to target interventions upon supply side bottlenecks in addition to demand management intended to maintain a high, but not quite full, level of employment, consistent with a low rate of inflation and the maintenance of international competitiveness.
