European Economics at a Crossroads

European Economics at a Crossroads PDF Author: John Barkley Rosser
Publisher: Edward Elgar Publishing
ISBN: 1849805547
Category : Business & Economics
Languages : en
Pages : 269

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Book Description
As Europe moves toward an integrated academic system, European economics is changing. This book discusses that change, along with the changes that are happening simultaneously within the economics profession. The authors argue that modern economics can no longer usefully be described as neoclassical , but is much better described as complexity economics. The complexity approach embraces rather than assumes away the complexities of social interaction. The authors also argue that despite all the problems with previous European academic structures, those structures allowed for more diversity than exists in US universities, and thus were often ahead of US universities in exploring new cutting-edge approaches. The authors further argue that by trying to judge themselves by US-centric measures and to copy US universities, the European economics profession is undermining some of the strengths of the older system strengths on which it should be building. While the authors agree that European economics needs to go through major changes in the coming decade, they argue that by building on Europe s strengths, rather than trying to follow a US example, Europe will be more likely to become the global leader in economics in the coming decades rather than a second-rate copy of the US. The book begins with two chapters spelling out the authors view of the changes in economics and European economics. This is followed by 11 interviews with a diverse set of innovative European economists from a range of European countries. In the interviews these European economists reflect on the ongoing changes in economics generally and in European economics specifically. These interviews demonstrate how the economics profession is moving away from traditional neoclassical economics into a dynamic set of new methods and approaches (incorporating work in behavioral economics, experimental economics, evolutionary game theory and ecological approaches, complexity and nonlinear dynamics, methodological analysis, and agent-based modelling) that the authors classify as complexity economics. This fascinating and easy-to-read book will prove a stimulating and thought-provoking read for those with an interest in economics, European education, and the nature of academic disciplines generally.

European Economics at a Crossroads

European Economics at a Crossroads PDF Author: John Barkley Rosser
Publisher: Edward Elgar Publishing
ISBN: 1849805547
Category : Business & Economics
Languages : en
Pages : 269

Get Book

Book Description
As Europe moves toward an integrated academic system, European economics is changing. This book discusses that change, along with the changes that are happening simultaneously within the economics profession. The authors argue that modern economics can no longer usefully be described as neoclassical , but is much better described as complexity economics. The complexity approach embraces rather than assumes away the complexities of social interaction. The authors also argue that despite all the problems with previous European academic structures, those structures allowed for more diversity than exists in US universities, and thus were often ahead of US universities in exploring new cutting-edge approaches. The authors further argue that by trying to judge themselves by US-centric measures and to copy US universities, the European economics profession is undermining some of the strengths of the older system strengths on which it should be building. While the authors agree that European economics needs to go through major changes in the coming decade, they argue that by building on Europe s strengths, rather than trying to follow a US example, Europe will be more likely to become the global leader in economics in the coming decades rather than a second-rate copy of the US. The book begins with two chapters spelling out the authors view of the changes in economics and European economics. This is followed by 11 interviews with a diverse set of innovative European economists from a range of European countries. In the interviews these European economists reflect on the ongoing changes in economics generally and in European economics specifically. These interviews demonstrate how the economics profession is moving away from traditional neoclassical economics into a dynamic set of new methods and approaches (incorporating work in behavioral economics, experimental economics, evolutionary game theory and ecological approaches, complexity and nonlinear dynamics, methodological analysis, and agent-based modelling) that the authors classify as complexity economics. This fascinating and easy-to-read book will prove a stimulating and thought-provoking read for those with an interest in economics, European education, and the nature of academic disciplines generally.

Europe at the Crossroads

Europe at the Crossroads PDF Author: Basil R. Jones
Publisher: Nova Publishers
ISBN: 9781604561012
Category : Business & Economics
Languages : en
Pages : 250

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Book Description
As a continent, the economy of Europe is currently the largest on Earth. The European Union, or EU, an intergovernmental body composed of most of the European states, is one of the two largest in the world. Of the member states in the EU, Germany has the largest national economy. Thirteen EU countries share a common unit of currency, the Euro. Major economic sectors in Europe include agriculture, manufacturing, and investment. The majority of the EU's trade is with the United States, China, India, Russia and non-member European states. This book focuses on the latest economic and political issues in Europe.

The European Monetary Union

The European Monetary Union PDF Author: Nicola Acocella
Publisher: Cambridge University Press
ISBN: 1108840876
Category : Business & Economics
Languages : en
Pages : 489

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Book Description
Analyzes the roots of Europe's economic decline, examining institutions of the European Union and exploring possibilities for reform.

Europe at the Crossroads

Europe at the Crossroads PDF Author: Guillermo de la Dehesa
Publisher: McGraw-Hill Companies
ISBN:
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
Written by a uniquely qualified world economist, Guillermo de la Dehesa is chairman of the Centre for Economic Policy Research and vice chairman of Goldman Sachs of Europe. This book explores the latest research by the European Commission, the Organisation for Economic Cooperation and Development (OECD), and the Centre for Strategic and International Studies. It addresses important economic issues that can have direct impact on the global economy. Preface by noted scholar Olivier Blanchard, Ph.D., Massachusetts Institute of Technology.

European Union at the Crossroads

European Union at the Crossroads PDF Author: Christos C. Paraskevopoulos
Publisher: Cheltenham, UK : Edward Elgar
ISBN:
Category : Business & Economics
Languages : en
Pages : 232

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Book Description
One of two volumes emerging from an August 1996 conference in Athens, Greece. Economists from several countries on four continents analyze issues facing the European Union as it slouches toward monetary union and enlargement. Economic theorists, empirical social scientists, policymakers, and informed general readers might find something of interest among the diverse methodologies and perspectives. The 12 papers cover whether Europe is ready for monetary union, policy and political aspects, and lessons from the Union's previous enlargements into Scandinavian and Mediterranean realms. Annotation copyrighted by Book News, Inc., Portland, OR

The EU at a Crossroads

The EU at a Crossroads PDF Author: Despina Anagnostopoulou
Publisher: Cambridge Scholars Publishing
ISBN: 1443893498
Category : Business & Economics
Languages : en
Pages : 310

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Book Description
This volume brings together experienced Professors and PhD researchers from all over Europe to summarise the crucial dilemmas that the European Union has to confront during its current multilevel crisis. The chapters are organized into four parts. The first section deals with constitutional issues of the EU, namely multilevel democratic governance, gender equality, and participatory democracy, and the impact of the crisis on them. The second analyses public governance issues, with reference to urban planning as a new policy for the EU, state aid and privatization of public companies, corporate governance principles for public companies, and EU case law on freedom of establishment of companies. The third part discusses certain issues of the EU internal market and external trade, namely the Europeanisation of labour relations, the relation between EU environmental law and international agreements, the dilemma between regionalism and multilateralism in international trade law, and the Eurasian Economic Union. The fourth section explores the Eurozone crisis from different perspectives and areas, namely political philosophy, economics, political science, administrative science, and law.

Emerging States at Crossroads

Emerging States at Crossroads PDF Author: Keiichi Tsunekawa
Publisher: Springer
ISBN: 9811328595
Category : Political Science
Languages : en
Pages : 298

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Book Description
This book is open access under a CC BY-NC-ND license. This volume analyzes the economic, social, and political challenges that emerging states confront today. Notwithstanding the growing importance of the ‘emerging states’ in global affairs and governance, many problems requiring immediate solutions have emerged at home largely as a consequence of the rapid economic development and associated sociopolitical changes. The middle-income trap is a major economic challenge faced by emerging states. This volume regards interest coordination for technological upgrading as crucial to avoid the trap and examines how various emerging states are grappling with this challenge by fostering public-private cooperation, voluntary associations of market players, and/or social networks. Social disparity is another serious problem. It is deeply rooted in history in the emerging states such as South Africa and many Latin American countries. However, income distribution is recently deteriorating even in East Asia that was once praised for its high economic growth with equity. Increasing pressure for political opening is another challenge for emerging states. This volume argues that the economic, social, and political problems are interwoven in the sense that the emerging states need to build political consensus in order to tackle the economic and social difficulties. Democratic institutions have not always been successful in this respect.

World Economy at the Crossroads

World Economy at the Crossroads PDF Author: George Macesich
Publisher: Praeger
ISBN:
Category : Business & Economics
Languages : en
Pages : 160

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Book Description
At the close of the 20th century, the world economy is at a crossroads. After the increase in both inflation and unemployment in the 1970s, the postwar economic paradigm based on the supposed trade-off between unemployment and inflation collapsed, sending shock waves through much of the economics profession and stimulating the search for a new paradigm. That search continues. This study examines the critical issues underlying the search for a new paradigm and outlines the new global political economy that seems to be emerging and replacing the old policy consensus. The challenge for economists is to articulate a new paradigm that recognizes the rapid transformation in the late 20th century economy. The basic paradigm in economics remains, the author claims, as defined by Adam Smith over 200 years ago. Smith's postulate of maximizing the individual in a relatively free market remains the basic paradigm. This paradigm can incorporate the growing groups of workers who earn their living with their minds, not their muscles. It can also provide insights into the worldwide drive for reform and the issues that emerge from rapid globalization of the world economy. And it can serve as a guide for judging which economies and reforms are likely to succeed and which are likely to fail.

Central European Crossroads

Central European Crossroads PDF Author: Pieter van Duin
Publisher: Berghahn Books
ISBN: 9781845453954
Category : Business & Economics
Languages : en
Pages : 480

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Book Description
During the four decades of the communist regime in Czechoslovakia a vast literature on working-class movements has been produced but it has hardly any value for today's scholarship. This remarkable study reopens the field. Based on Czech, Slovak, German and other sources, it focuses on the history of the multi-ethnic social democratic labor movement in Slovakia's capital Bratislava during the period 1867-1921, and on the process of national revolution during the years 1918-19 in particular. The study places the historic change of the former Pressburg into the modern Bratislava in the broader context of the development of multinational pre-1918 Hungary, the evolution of social, ethnic, and political relations in multi-ethnic Pressburg (a 'tri-national' city of Germans, Magyars, and Slovaks), and the development of the multinational labor movement in Hungary and the Habsburg Empire as a whole.

Europe at a Crossroad

Europe at a Crossroad PDF Author: Hauke Brunkhorst
Publisher: Nomos Verlagsgesellschaft
ISBN: 9783848720330
Category : Euro
Languages : en
Pages : 0

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Book Description
Europe at a Crossroads discusses the actual challenges of the European Union. The collection is based upon an international conference at the Europa-Universitat, Flensburg. Contributions from the sociological, economical, philosophical and legal disciplines deliberate about how to deal with the crisis in the Euro zone. Consequently the literature is not just reaping the benefits of the multitude of disciplines but also accessing a broad spectrum of possible paths that could be taken. Thereby presenting a wealth of multi-disciplinarian perspectives. Situated amongst the crisis-ridden developments in the economical, sociological and political spheres, but also Europe's stability and flexibility, this collection incorporates in its evaluation the multiplicity of facets within Europe.