The European Economy in an American Mirror

by Eichengreen; Barry

• ISBN13: 9780415771726
• ISBN10: 0415771722
• Edition: 1st
• Format: Hardcover
• Copyright: 2007-11-28
• Publisher: Routledge

Summary

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 tothe 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.

Table of Contents

Growth, Competitiveness and Employment

Economic Institutions and Policies in the US and the EU: Convergence or Divergence?

Between Neo-Liberalism and No Liberalism: Progressive Approaches to Economic Liberalization in Western Europe

Technology Regimes and Productivity Growth in Europe and the United States: A Comparative and Historical Perspective

Comparing Welfare in Europe and the United States

Long-Term Competitiveness of the Wider Europe

American Fiscal Policy in the Post-War Era: an Interpretive History

Fiscal Policy in Europe: The Past and Future of EMU Rules from the Perspective of Musgrave and Buchanan

Convergence via Two-Tier Reforms and Growthless Job Creation in Europe

How Well Do the Clothes Fit?: Priors and Evidence in the Debate over Flexibility and Labour Market Performance

Employment and Labour Productivity in the EU: Reconsidering a Potential Trade-off in the Lisbon Strategy

Corporate Governance, Social Policy and Migration

Europe's Constitutional Imbroglio

European Union Expansion: A Constitutional Perspective

The Welfare State and Euro-Growth

Is There a European Welfare Model Distinct From the US Model?

International Migrations: Some Comparisons and Lessons for the European Union

Migration, Labour Markets and Integration of Migrants: an Overview for Europe with a Comparison to the US

The Policy of Insolvency EU - US

Phases of Competition Policy in Europe

From Accidental Disagreement to Structural Antagonism: The US and Europe: Old and New Conflicts of Interest, Identities, and Values, 1945-2005

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