000 02964cam a2200205u 4500
999 _c15172
_d15172
001 33238
020 _a9780691138480
082 _a330.94 EI EU
100 1 _aEichengreen, Barry J.
_947042
245 1 4 _aThe European economy since 1945 :
_bcoordinated capitalism and beyond /
_cBarry Eichengreen.
246 _aThe European economy since ninety forty five
260 _aPrinceton :
_bPrinceton University Press,
_cc2007.
300 _axx, 495 p. :
_bill ;
_c24 cm.
500 _aIncludes bibliographical references (p. 433-459) and index.
505 _aChapter 1. IntroductionChapter 2. Mainsprings of GrowthChapter 3. The Starting PointChapter 4. Dawn of the Golden AgeChapter 5. Eastern Europe and the Planned EconomyChapter 6. The Integration of Western EuropeChapter 7. The Apex of the Golden AgeChapter 8. Mounting Payments ProblemsChapter 9. Declining Growth, Rising RigiditiesChapter 10. The Collapse of Central PlanningChapter 11. Integration and AdjustmentChapter 12. Europe at the Turn of the CenturyChapter 13. The Future of the European ModelAppendix. Sources of Growth.
520 _aIn 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.
650 4 _aEurope
_xEconomic conditions
_y1945-
_947043
856 _uhttps://uowd.box.com/s/0ir0ubwal24hklzdjezt3nvqivsmtlf5
_zLocation Map
942 _cREGULAR
_2ddc