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

Welfens, Paul J.J.

ISBN 10: 3540652507 / ISBN 13: 9783540652502

Published by Springer, Berlin, Germany, 1999

About this Item

VERY GOOD+ hardcover, no marks in text, clean exterior.

Seller Inventory # 048849

Bibliographic Details

• Title: Globalization of the Economy, Unemployment and Innovation: Structural Change, Schumpetrian Adjustment, and New Policy Challenges
• Publisher: Springer, Berlin, Germany
• Publication Date: 1999
• Language: English
• ISBN 10: 3540652507
• ISBN 13: 9783540652502
• Binding: Hardcover
• Condition: Very Good
• Book Type: Book
• Seller catalogs:
  • Economics
  • Alibris

About this title

Synopsis

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.