European Economic Integration as a Challenge to Industry and Government Contemporary and Historical Perspectives on International Economic Dynamics
tarafından
 
Tilly, Richard. editor.

Başlık
European Economic Integration as a Challenge to Industry and Government Contemporary and Historical Perspectives on International Economic Dynamics

Yazar
Tilly, Richard. editor.

ISBN
9783642800146

Fiziksel Tanımlama
x, 558 pages. : illustration . ; 23 cm.

Genel Not
Includes index.

İçerik
Contents: European Economic Integration: Did it Matter in the Past, Will it Matter in the Future?- European Economic Integration: Employment, Unemployment and Migration -- The EU Facing Economic Opening-Up in Eastern Europe: Problems, Issues and Policy Options -- Protectionism in Europe before 1939 -- Structural Adjustment and Growth Policies in Europe: Competition and/or Cooperation?- International Capital Flows and Political Transition in Europe: Historical Perspectives -- Germany's Changing Competitive Position in World Markets: Required Policy Shifts -- Financial Regulation and the Bank's Role in European Economies -- Sterling in Decline Again: The 1931 and 1992 Crises Compared -- Banks and Industry: Lessons From History?- Banks and Industry in Anglo-German Perspective -- Russia and Europe: Lessons from the Pre-Command Era -- External Liberalization in a Large Country: The Contribution to the Transition Process in Russia.

Özet
explicit presentation of some of those stylized facts in the form of a brief, chronologically structured narrative. In keeping with the broad scope of this volume we begin by going back at least two hundred years, to the growth of an integrated national capital market in England in the 18th century (see Neal Chapter). This starting point has the advantage of calling attention to a number of important points. First, the form of integration by which a central market (London) for a standardized good (government bonds or consols) came to serve as linkage between two or more hitherto separate (regional) markets, represents a typical and important form of fInancial (and economic) integration. In Kindleberger's terminology it is the "integration via third parties" form (where, say, security prices in A and B converge): 2 A < -----------> C < ----------------> B instead of A < ------------> B. In the 18th-century English context this central market provided a widely available index of the opportunity costs of alternative investments, the importance of which should not be underestimated, for it contributed to national economic integration in England (NEAL, 1994). Second, this example illustrates an important point of political economy. The prerequisite for the development of the central market mentioned was the establishment of sound public fInances based on the state's widely accepted power to tax.

Konu Başlığı
International economics.
 
Uluslararası ekonomi.

Yazar Ek Girişi
Tilly, Richard.
 
Welfens, Paul J. J.

Tüzel Kişi Ek Girişi
SpringerLink (Online service)


LibraryMateryal TürüDemirbaşYer NumarasıDurumu / Lokasyon / İade Tarihi
Ekonomi KütüphanesiKitapEKOBKN0001637337 EUR 1996Merkez Kütüphane Genel Koleksiyon