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Synopsis
"The New Economic Landscape in Europe" offers an analysis of the future shape of the European economy. Horst Siebert considers the effects of both economic integration in the "inner circle" of advanced industrialized nations and the transition to capitalism in the "outer circle" of the East, accepting that these two issues must be considered in parallel. Throughout the analysis is institutional: the economic transformation of Europe will eventually create lasting structural changes in, amongst others, the market for corporate control as investors go across borders to seek the best return, in labour markets as workers pursue the highest wages and in currency markets as Western integration and increasing Eastern convertibility converge on a single currency. Siebert's conclusion is that transformation within the firm and the market will rapidly overtake centralized regulation as the major agents of change. Only in the areas of regional and environmental policy is Brussels likely to influence significantly the economic future of the region.
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- PublisherBlackwell Pub
- Publication date1991
- ISBN 10 0631182179
- ISBN 13 9780631182177
- BindingHardcover
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The New Economic Landscape in Europe
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The New Economic Landscape in Europe
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