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Globalization of the Economy, Unemployment and Innovation

Structural Change, Schumpetrian Adjustment, and New Policy Challenges

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  • © 1999

Overview

  • Treats the most essential economic issues of our day

  • Provides in-depth scientific analysis and evaluation of policy means

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Table of contents (5 chapters)

Keywords

About this book

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.

Authors and Affiliations

  • European Institute for International Economic Relations (EIIW), University of Potsdam, Potsdam, Germany

    Paul J. J. Welfens

Bibliographic Information

  • Book Title: Globalization of the Economy, Unemployment and Innovation

  • Book Subtitle: Structural Change, Schumpetrian Adjustment, and New Policy Challenges

  • Authors: Paul J. J. Welfens

  • DOI: https://doi.org/10.1007/978-3-642-58467-1

  • Publisher: Springer Berlin, Heidelberg

  • eBook Packages: Springer Book Archive

  • Copyright Information: Springer-Verlag Berlin Heidelberg 1999

  • Hardcover ISBN: 978-3-540-65250-2Published: 16 July 1999

  • Softcover ISBN: 978-3-642-63607-3Published: 02 October 2012

  • eBook ISBN: 978-3-642-58467-1Published: 06 December 2012

  • Edition Number: 1

  • Number of Pages: VI, 258

  • Topics: International Economics, Economic Policy, Economic Theory/Quantitative Economics/Mathematical Methods

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