Dynamic Approaches to Global Economic Challenges

1. Front Matter

   Pages i-viii

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2. Introduction

   • Birgit Bednar-Friedl, Jörn Kleinert

   Pages 1-5

3. Real, Monetary and Fiscal Integration in the European Union

   1. Front Matter

      Pages 7-7

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   2. A Prototype Model of European Integration: The Case of Austria

      • Fritz Breuss

      Pages 9-30

   3. Trade Agreements and Regional Disparities

      • Pasquale Commendatore, Ingrid Kubin, Iryna Sushko

      Pages 31-52

   4. Strategic Macroeconomic Policies in a Monetary Union

      • R. Neck, D. Blueschke

      Pages 53-73

   5. Determinants of Maximum Sustainable Government Debt

      • Anna Boisits, Matthias Schelnast

      Pages 75-92

   6. The Long Italian Stagnation and the Welfare Effects of Outsourcing

      • Jacopo Zotti

      Pages 93-113

4. Economic Growth, Technological Change, and Climate Policy

   1. Front Matter

      Pages 115-115

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   2. Status, Wealth Distribution, and Endogenous Economic Growth

      • Jörn Kleinert, Ronald Wendner

      Pages 117-129

   3. Technological Change in Information and Communication: Consequences for Science

      • Wolf Rauch

      Pages 131-140

   4. Deepening the Scope of the “Economic Model”: Functionalities, Structures, Mechanisms and Institutions

      • Stefan P. Schleicher

      Pages 141-154

   5. Is There a First-Mover Advantage in International Climate Policy?

      • Birgit Bednar-Friedl

      Pages 155-170

   6. Environmental Policy in an Open Economy: Refocusing Climate Policy to Address International Trade Spillovers

      • Karl W. Steininger, Thomas Schinko

      Pages 171-190

This book addresses three big economic challenges from a dynamic perspective: European integration, economic growth, and global climate change. In the light of the recent crises of the European Union (EU), the first part of the book deals with challenges to the real, monetary and fiscal integration of the EU and required institutional adjustments. The second part of the book addresses fundamental challenges of advanced market economies like economic growth and changes of technologies. The final part focuses on the global challenge of climate change from an economic perspective and discusses policy strategies for a successful mitigation of climate change.

• Climate Change
• Economic Dynamics
• Economic Growth
• European Integration
• Technological Change
• Climate change management

• Department of Economics & Wegener Center for Climate and Global Change, University of Graz, Graz, Austria

  Birgit Bednar-Friedl

• Department of Economics, University of Graz, Graz, Austria

  Jörn Kleinert

Birgit Bednar-Friedl is Associate Professor at the Department of Economics, University of Graz, and the Wegener Center for Climate and Global Change. Her current research interests span the economics of climate change, resource and energy economics, and international economics. Her recent research covers several aspects of unilateral and multilateral climate policy, international burden sharing in climate policy, the macroeconomic costs of climate change impacts on various fields such as agriculture, electricity, tourism and transport, and sustainable harvesting of renewable resources.

Joern Kleinert is Professor of International Economics at University of Graz. He works on international trade, financial flows, multinational firms and global imbalance. Currently he focuses on the consequences of the global crisis on the member countries of the European currency union.

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