Abstract
This chapter discusses national economic policies in different major organization of economic cooperation and development (OECD) countries like Austria, Sweden, Canada, and Australia. The objective of full employment has always been given very high priority in Swedish economic policy, independently of the party in power. The Swedish economy is characterized by a very large share of the public sector. Canada has an efficient, unified financial system without barriers to the movement of funds across the country. Therefore, interest rates will always be the same across the country. The basic goal of Australian economic policy is to attain economic growth and an equitable income distribution under conditions of internal and external equilibrium. Monetary policy in Australia is in the hands of the Reserve Bank of Australia, but it involves both the government and the central bank.
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