European Economy Since 1945 Coordinated Capitalism and Beyond

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  • Engels
  • Paperback
  • 9780691138480
  • 21 juli 2008
  • 495 pagina's
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Samenvatting

Over the second half of the twentieth century, the average European's buying power tripled, while working hours fell by a third. This work offers an account of the extraordinary development of Europe's economy since the end of World War II.



In 1945, many Europeans still heated with coal, cooled their food with ice, and lacked indoor plumbing. Today, things could hardly be more different. Over the second half of the twentieth century, the average European's buying power tripled, while working hours fell by a third. The European Economy since 1945 is a broad, accessible, forthright account of the extraordinary development of Europe's economy since the end of World War II. Barry Eichengreen argues that the continent's history has been critical to its economic performance, and that it will continue to be so going forward. Challenging standard views that basic economic forces were behind postwar Europe's success, Eichengreen shows how Western Europe in particular inherited a set of institutions singularly well suited to the economic circumstances that reigned for almost three decades. Economic growth was facilitated by solidarity-centered trade unions, cohesive employers' associations, and growth-minded governments--all legacies of Europe's earlier history. For example, these institutions worked together to mobilize savings, finance investment, and stabilize wages. However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem. Thus, the key questions for the future are whether Europe and its constituent nations can now adapt their institutions to the needs of a globalized knowledge economy, and whether in doing so, the continent's distinctive history will be an obstacle or an asset.

Productspecificaties

Inhoud

Taal
en
Bindwijze
Paperback
Oorspronkelijke releasedatum
21 juli 2008
Aantal pagina's
495
Illustraties
Nee

Betrokkenen

Hoofdauteur
Barry Eichengreen
Tweede Auteur
Barry Eichengreen
Hoofduitgeverij
Princeton University Press

Vertaling

Originele titel
The European Economy Since 1945: Coordinated Capitalism and Beyond

Overige kenmerken

Editie
illustrated edition
Extra groot lettertype
Nee
Product breedte
153 mm
Product hoogte
31 mm
Product lengte
234 mm
Studieboek
Ja
Verpakking breedte
158 mm
Verpakking hoogte
37 mm
Verpakking lengte
215 mm
Verpakkingsgewicht
1046 g

EAN

EAN
9780691138480

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Editie : illustrated edition

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