This compelling volume re-examines the topic of economic growth in Europe after the Second World War. The contributors approach the subject armed not only with new theoretical ideas, but also with the experience of the 1980s on which to draw. The analysis is based on both applied economics and on economic history. Thus, while the volume is greatly informed by insights from growth theory, emphasis is given to the presentation of chronological and institutional detail. The case study approach and the adoption of a longer-run perspective than is normal for economists allow new insights to be obtained. As well as including chapters that consider the experience of individual European countries, the book explores general European institutional arrangements and historical circumstances. The result is a genuinely comparative picture of post-war growth, with insights that do not emerge from standard cross-section regressions based on the post-1960 period.
It is commonplace to assume that the twentieth-century British economy has failed, falling from the world's richest industrial country in 1900 to one of the poorest nations of Western Europe in 2000. Manufacturing is inevitably the centre of this failure: British industrial managers cannot organise the proverbial 'knees-up' in a brewery; British workers are idle and greedy; its financial system is uniquely geared to the short term interests of the City rather than of manufacturing; its economic policies areperverse for industry; and its culture is fundamentally anti-industrial. There is a grain of truth in each of these statements, but only a grain. In this book, Alan Booth notes that Britain's living standards have definitely been overtaken, but evidence that Britain has fallen continuously further and further behindits major competitors is thin indeed. Although British manufacturing has been much criticised, it has performed comparatively better than the service sector. The British Economy in the Twentieth Century combines narrative with a conceptual and analytic approach to review British economic performance during the twentieth century in a controlled comparative framework. It looks at key themes, including economic growth and welfare, the working of the labour market, and the performance of entrepreneurs and managers. Alan Booth argues that a careful, balanced assessment (which must embrace the whole century rather than simply the post-war years) does not support the loud and persistent case for systematic failure in British management, labour, institutions, culture and economic policy. Relative decline has been much more modest, patchy and inevitable than commonly believed.
These books comprise papers examining the latest developments in economic theory, applied economics and econometrics presented at the Seventh World Congress of the Econometric Society in Tokyo in August 1995. The topics were carefully selected to represent the most active fields in the discipline over the past five years. Written by the leading authorities in their fields, eac h paper provides a unique survey of the current state of knowledge in economics. Designed to make the material accessible to a general audience of economists, these volumes should be helpul to anyone with a good undergraduate training in economics who wishes to follow new ideas and tendencies in the subject.
Alan S. Milward was a renowned historian of contemporary Europe. In addition to his books, as well as articles and chapters in edited books, he also wrote nearly 250 book reviews and review articles, some in French and German, which were published in journals world-wide. Taken together they reveal a remarkable degree of theoretical consistency in his approach to understanding the history of Europe since the French Revolution. This book brings together these previously unexamined pieces of historical analysis in order to trace and shed light on key intellectual debates taking place in the second half of the 20th century. Many of these discussions continue to influence us today, such as the role of Germany in Europe, the economic, social and political foundations of European integration, the European rescue of the nation-state, the reasons for launching the single currency, the conditions for retaining the allegiance of European citizens to the notions of nation and supra-nation, and ultimately the issue of democratic governance in a global environment. In bringing together these reviews and review articles, the book provides an introduction to the main scholarly achievements of Milward, in his own words. Fernando Guirao and Frances M.B. Lynch provide an introduction to the volume, which both guides the reader through many of the academic debates embedded within the text while underlining their contemporary relevance. By introducing and bringing together this hitherto overlooked treasure trove of historical analysis, this book maps a close itinerary of some of the most salient intellectual debates of the second half of the 20th century and beyond. This unique volume will be of great interest to scholars of economic history, European history and historiography.
This book examines the behaviour and performance of key European economies since the end of the Second World War. The unifying theme of the book is the way in which the economies concerned have experienced and dealt with growth, stagnation and structural change. As well as providing an overview of post-war experience, each chapter identifies particular policy issues of major significance to the economy in question.
With the process of a 'wider Europe' (EU-Commission President Romano Prodi's 'ring of friends') that extends from Marrakech in Morocco to St Petersburg in Russia gathering speed, the growing rift between Europe and America also is about how to deal politically with the countries of the Mediterranean-Muslim world. The house of Islam (Dar al Islam) was pivotal to the European path to the Renaissance and to the re-discovery of classic Greek philosophy. The Mediterranean policy of the European Union aims at a positive and co-operative relationship with the region. A successful integration of the Mediterranean South would have tremendous and positive repercussions for regional and world peace. World-wide leading experts from the field of world systems analysis, economics, integration theory, political science, theology and area studies, agnostics, Christians, Jews and Muslims alike discuss the issue with European decision makers. The outcome is an interdisciplinary evaluation of this projected export of peace, co-operation, dialogue and stability in the framework of world centre-periphery relationships.
This major new text offers a clearly structured introduction to the economic and social development of Western Europe since the Second World War. A team of experts explore key aspects of postwar Europe's economy and society in a number of thematic chapters, with a regional and strongly comparative focus and these are followed by specific national studies.
A theoretical framework aiming to facilitate study of development economics. The author presents his theory in three sections: how advanced nations developed; a proposed third dimension, in addition to labour and capital; and why capital accumulation is unnecessary, even potentially harmful.