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9780415313643

Economic Theory and Western European Intergration

by
  • ISBN13:

    9780415313643

  • ISBN10:

    0415313643

  • Edition: 1st
  • Format: Hardcover
  • Copyright: 2003-09-24
  • Publisher: Routledge

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Supplemental Materials

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Summary

In a series of four essays, the author applies some of the general principles of economic theory to the particular problems of the economic union of Western Europe.' The first essay, The Probable Effects of Economic Integration in Western Europe, ' heretofore limited to private circulation as an Office of Naval Research Technical Report, constitutes the main part of the book.

Table of Contents

Preface
The Probable Effects of Economic Integration In Western Europe
Economic Organization and Relations within the Union
The Effect of Union on Employment
The Effect of Union on Productivity
The Effect of Union on Methods of Production
The Effect of Union on the Allocation of Output
The Effect of Union on Investment
The Distribution of Gains among Member Countries
Economic Relations with the Outside World
The Orthodox Argument
An Illustration
The Effect of Increased Productivity on the Terms of Trade
The Theory of the Balance of Payments and the Problem of A Common European Currency
The Theory of the Balance of Payments
The Classical Theory
The Income Theory
Migration
The Role of the Capital Market
The Role of Employment Policy
The Problems of Currency Union
The Problem of an all-European Capital Market
The Problem of an Integrated Employment Policy
The Adequacy of Reserves
A Note on the Concept of Adequate External Reserves
Economies of Scale, Competition, and European Integration
The Choice of a Method of Production
Determinants of the Choice
The Size of the Firm
The Rate of Accretion of Demand
The Degree of Competition
Effects on Economic Development
Some Likely Consequences of Integration
The Doctrine of Comparative Advantage and the European Coal and Steel Community
The Case of Factor Immobility
The Case of Factor Mobility
The Problem of Integration by Sectors
Table of Contents provided by Publisher. All Rights Reserved.

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