The European Economy since 1945: Coordinated Capitalism and Beyond

In 1945, many Europeans still heated with coal, cooled their food with ice, and lacked indoor plumbing. Today, things could hardly be more different. Over the second half of the twentieth century, the average European's buying power tripled, while working hours fell by a third. The European Eco...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Eichengreen, Barry (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Princeton, NJ Princeton University Press [2008]
Schriftenreihe:The Princeton Economic History of the Western World 23
Schlagworte:
Online-Zugang:FAW01
FHA01
FKE01
FLA01
UPA01
UBG01
FAB01
FCO01
Volltext
Zusammenfassung:In 1945, many Europeans still heated with coal, cooled their food with ice, and lacked indoor plumbing. Today, things could hardly be more different. Over the second half of the twentieth century, the average European's buying power tripled, while working hours fell by a third. The European Economy since 1945 is a broad, accessible, forthright account of the extraordinary development of Europe's economy since the end of World War II. Barry Eichengreen argues that the continent's history has been critical to its economic performance, and that it will continue to be so going forward. Challenging standard views that basic economic forces were behind postwar Europe's success, Eichengreen shows how Western Europe in particular inherited a set of institutions singularly well suited to the economic circumstances that reigned for almost three decades. Economic growth was facilitated by solidarity-centered trade unions, cohesive employers' associations, and growth-minded governments--all legacies of Europe's earlier history. For example, these institutions worked together to mobilize savings, finance investment, and stabilize wages. However, this inheritance of economic and social institutions that was the solution until around 1973--when Europe had to switch from growth based on brute-force investment and the acquisition of known technologies to growth based on increased efficiency and innovation--then became the problem. Thus, the key questions for the future are whether Europe and its constituent nations can now adapt their institutions to the needs of a globalized knowledge economy, and whether in doing so, the continent's distinctive history will be an obstacle or an asset
Beschreibung:Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Nov 2019)
Beschreibung:1 online resource (520 pages) 22 line illus. 39 tables
ISBN:9781400829545
DOI:10.1515/9781400829545

Es ist kein Print-Exemplar vorhanden.

Fernleihe Bestellen Achtung: Nicht im THWS-Bestand! Volltext öffnen