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...
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Princeton, NJ
Princeton University Press
[2008]
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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 |
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spelling | Eichengreen, Barry aut The European Economy since 1945 Coordinated Capitalism and Beyond Barry Eichengreen Princeton, NJ Princeton University Press [2008] © 2006 1 online resource (520 pages) 22 line illus. 39 tables txt rdacontent c rdamedia cr rdacarrier The Princeton Economic History of the Western World 23 Description based on online resource; title from PDF title page (publisher's Web site, viewed 26. Nov 2019) 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 In English Geschichte 1945-2004 gnd rswk-swf Geschichte 1945-2000 gnd rswk-swf HISTORY / Europe / General bisacsh Wirtschaft (DE-588)4066399-1 gnd rswk-swf Europa (DE-588)4015701-5 gnd rswk-swf Europa (DE-588)4015701-5 g Wirtschaft (DE-588)4066399-1 s Geschichte 1945-2004 z 1\p DE-604 Geschichte 1945-2000 z 2\p DE-604 https://doi.org/10.1515/9781400829545 Verlag URL des Erstveröffentlichers Volltext 1\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk 2\p cgwrk 20201028 DE-101 https://d-nb.info/provenance/plan#cgwrk |
spellingShingle | Eichengreen, Barry The European Economy since 1945 Coordinated Capitalism and Beyond HISTORY / Europe / General bisacsh Wirtschaft (DE-588)4066399-1 gnd |
subject_GND | (DE-588)4066399-1 (DE-588)4015701-5 |
title | The European Economy since 1945 Coordinated Capitalism and Beyond |
title_auth | The European Economy since 1945 Coordinated Capitalism and Beyond |
title_exact_search | The European Economy since 1945 Coordinated Capitalism and Beyond |
title_full | The European Economy since 1945 Coordinated Capitalism and Beyond Barry Eichengreen |
title_fullStr | The European Economy since 1945 Coordinated Capitalism and Beyond Barry Eichengreen |
title_full_unstemmed | The European Economy since 1945 Coordinated Capitalism and Beyond Barry Eichengreen |
title_short | The European Economy since 1945 |
title_sort | the european economy since 1945 coordinated capitalism and beyond |
title_sub | Coordinated Capitalism and Beyond |
topic | HISTORY / Europe / General bisacsh Wirtschaft (DE-588)4066399-1 gnd |
topic_facet | HISTORY / Europe / General Wirtschaft Europa |
url | https://doi.org/10.1515/9781400829545 |
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