Globalization of the Economy, Unemployment and Innovation Structural Change, Schumpetrian Adjustment, and New Policy Challenges

Globalization of the Economy, Unemployment and Innovation Structural Change, Schumpetrian Adjustment, and New Policy Challenges / by Paul J.J. Welfens.

Economic globalization has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct...

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Bibliographic Details
Main Author: Welfens, Paul J.J (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 1999.
Edition:1st ed. 1999.
Series:Springer eBook Collection.
Subjects:
International economics.
Economic policy.
Economic theory.
Electronic resources (E-books)
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
Description
Summary:Economic globalization has intensified since the 1980s and created faster channels of international interdependence and an accelerating technology race. In this new asymmetric world economy the EU is facing a dynamic and flexible US system which takes advantage of the global quest for foreign direct investment. Innovation policies in the EU - in particular in Germany - are found to be rather inadequate. There are also new theoretical challenges where a "structural macro model" and a Schumpetrian model of innovation and full employment are presented as new approaches. Besides theoretical challenges the increasing global dynamics raise new problems of international policy coordination which could lead to unsustainable economic globalization.
Physical Description:VI, 258 p. online resource.
ISBN:9783642584671
DOI:10.1007/978-3-642-58467-1

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