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Europe's economy is under strain due to lagging productivity
growth, population ageing, the difficulties of adjustment in an
enlarged European Union, and the challenges of globalization. In
comparison with America, rates of growth of GDP per capita and
labour productivity growth are anaemic, raising questions about the
viability of a distinct European model. From observations like
these, conclusions can be drawn that Europe will feel irresistible
pressure to allow its policies and institutions to converge toward
those of the United States. But how far and how fast are uncertain.
Edited by internationally renowned authors in the field and packed
with articles by an impressive array of international contributors,
this book examines the American and European economies; drawing
comparisons between them. Bringing together specialists from both
sides of the Atlantic, including Lindert, DeLong and Buti to
analyze the current state of both economies and their responses to
the changing global environment, the book deals with
competitiveness on the one hand and the relationship between
institutions and markets on the other. This volume is particularly
relevant to postgraduate and postdoctoral students undertaking
research in all areas of European integration and international
political economy, while also being appropriate for a professional
audience.
Structural change analysis has been a distinctive feature of
economics since its formative period. This authoritative
three-volume collection presents a comprehensive selection of the
key contributions to the topic.The Economics of Structural Change
shows the central role that compositional dynamics plays in the
analysis of fluctuations, development, employment and
economy-environment interactions. Volume I covers concepts and
theories in the economics of structural change; Volume II includes
specific contributions to structural theories of growth, cycles and
technological change; Volume III focuses on specific areas in the
empirics of structural change analysis. This important three-volume
set will be indispensable to researchers and practitioners alike.
Richard Goodwin was a pioneer in the use of mathematical tools
to understand the dynamics of capitalist economies. This book
contains contributions which focus on the rigorous extension of
Goodwin s modelling of macro-dynamics and the micro-structures
underlying them, and also research with a wider perspective related
to Goodwin s vision of an integrated Marx-Keynes-Schumpeter (M-K-S)
system of the dynamics of capitalist economies.
The variety of approaches in this book range from detailed business
cycle analyses to Schumpeterian processes of creative destruction.
They include
- thorough theoretical analysis of delayed dynamical
systems.
- empirical studies of Goodwin s classical growth cycle model and
the integration of Keynesian aspects of effective demand and of
financial mechanisms that impact the real macro-economy.
- micro-economic structural analysis.
- expectations driven aspects of micro-founded business cycle
modelling
"
Europe's economy is under strain due to lagging productivity
growth, population ageing, the difficulties of adjustment in an
enlarged European Union, and the challenges of globalization. In
comparison with America, rates of growth of GDP per capita and
labour productivity growth are anaemic, raising questions about the
viability of a distinct European model. From observations like
these, conclusions can be drawn that Europe will feel irresistible
pressure to allow its policies and institutions to converge toward
those of the United States. But how far and how fast are uncertain.
Edited by internationally renowned authors in the field and packed
with articles by an impressive array of international contributors,
this book examines the American and European economies; drawing
comparisons between them. Bringing together specialists from both
sides of the Atlantic, including Lindert, DeLong and Buti to
analyze the current state of both economies and their responses to
the changing global environment, the book deals with
competitiveness on the one hand and the relationship between
institutions and markets on the other. This volume is particularly
relevant to postgraduate and postdoctoral students undertaking
research in all areas of European integration and international
political economy, while also being appropriate for a professional
audience.
Richard Goodwin was a pioneer in the use of mathematical tools to
understand the dynamics of capitalist economies. This book contains
contributions which focus on the rigorous extension of Goodwin's
modelling of macro-dynamics and the micro-structures underlying
them, and also research with a wider perspective related to
Goodwin's vision of an integrated Marx-Keynes-Schumpeter (M-K-S)
system of the dynamics of capitalist economies. The variety of
approaches in this book range from detailed business cycle analyses
to Schumpeterian processes of creative destruction. They include
thorough theoretical analysis of delayed dynamical systems.
empirical studies of Goodwin's classical growth cycle model and the
integration of Keynesian aspects of effective demand and of
financial mechanisms that impact the real macro-economy.
micro-economic structural analysis. expectations driven aspects of
micro-founded business cycle modelling
This edited volume analyses the channels through which EU
membership contributed to the convergence process of member
countries in the Baltics, Central-Eastern and South-Eastern Europe.
These channels include trade, investment, finance, labour, and laws
and institutions. Global integration has certainly played an
important role. A large part of FDI flows and financial integration
in the world have been persistent features of globalization. Have
these countries experienced more intensive integration through
these channels because of EU membership, with its much tighter
institutional and political anchorage, than their fundamentals and
global trends would suggest? Contributions by lead researchers of
the area address different aspects of this question. .
This edited volume analyses how EU membership influenced the
convergence process of member countries in the Baltics,
Central-Eastern and South-Eastern Europe. It also explores
countries that are candidates for future EU membership. The speed
of convergence of significant groups of low- and medium-income
countries has never been as fast globally as it is today.
Contributions by lead researchers of the area explore whether these
countries are converging faster than their fundamentals and global
trends would suggest because of EU membership, with its much
tighter institutional and political anchorage
This edited volume analyses how EU membership influenced the
convergence process of member countries in the Baltics,
Central-Eastern and South-Eastern Europe. It also explores
countries that are candidates for future EU membership. The speed
of convergence of significant groups of low- and medium-income
countries has never been as fast globally as it is today.
Contributions by lead researchers of the area explore whether these
countries are converging faster than their fundamentals and global
trends would suggest because of EU membership, with its much
tighter institutional and political anchorage
This edited volume analyses the channels through which EU
membership contributed to the convergence process of member
countries in the Baltics, Central-Eastern and South-Eastern Europe.
These channels include trade, investment, finance, labour, and laws
and institutions. Global integration has certainly played an
important role. A large part of FDI flows and financial integration
in the world have been persistent features of globalization. Have
these countries experienced more intensive integration through
these channels because of EU membership, with its much tighter
institutional and political anchorage, than their fundamentals and
global trends would suggest? Contributions by lead researchers of
the area address different aspects of this question. .
Europe is passing through a dramatic period in which issues of
international integration and disintegration are of crucial
importance. Transforming Economies and European Integration is the
first book to focus on the inter-dependence between the pattern and
prospects of economic transformation in Eastern and Central Europe
and the wider issue of European integration. Important aspects of
this process are addressed from both scholarly and political
perspectives. The distinguished group of authors, including leading
figures from universities and institutions across Europe, reviews
the current state-of-the-art in the process of East-West European
integration, including bottlenecks and obstacles to the process.
The authors analyse the most widely-debated issues and developments
in East-West economic relations including the widening and
deepening of the European Union, East-West trade, industrial
restructuring and labour market adjustment, and the role of
financial reforms and financial flows in this process. Highlighting
key economic issues relating to the reintegration of Central and
Eastern Europe into the European Community, Transforming Economies
and European Integration will be welcomed by students, researchers
and policymakers concerned with the emergence of a wider, more
integrated Europe.
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