There are several reasons why it has become important to rethink economic policy. Out of the European perspective it is
the new currency, the enlargement towards Central and Eastern European countries, the sluggish growth and the end of productivity convergence towards the USA and the insufficient creation of employment. From the transatlantic perspective increasing differences in the economic policy and the potential rise of conflicts between Europe and the USA, for example, in trade, competition and health issues are important. The
current volume touches most, but not all of these topics. It starts with the overview by Joseph Stiglitz on policy issues. Then macroeconomics policy is discussed, followed by the
problem of an ageing society and European enlargement. Differences between Europe and the USA are large in taxation and
in the role of public finance. The relative competitiveness
of countries as well as of Europe will be decided by investments into new technologies and progression towards the Science Based Economy. In the final section the role of economists in shaping the economic agenda and giving policy advice is discussed.
Edited by:
Karl Aiginger, G. Hutschenreiter Imprint: Kluwer Academic Publishers Country of Publication: United States Edition: 2004 ed. Dimensions:
Height: 234mm,
Width: 156mm,
Spine: 19mm
Weight: 1.370kg ISBN:9781402077159 ISBN 10: 1402077157 Pages: 306 Publication Date:31 December 2003 Audience:
College/higher education
,
Professional and scholarly
,
Further / Higher Education
,
Undergraduate
Format:Hardback Publisher's Status: Active