Overview

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.

Full Product Details

Author:   Karl Aiginger ,  G. Hutschenreiter
Publisher:   Springer-Verlag New York Inc.
Imprint:   Springer-Verlag New York Inc.
Edition:   2004 ed.
Dimensions:   Width: 15.60cm , Height: 1.90cm , Length: 23.40cm
Weight:   1.370kg
ISBN:  

9781402077159

ISBN 10:   1402077157
Pages:   306
Publication Date:   31 December 2003
Audience:   College/higher education ,  Professional and scholarly ,  Postgraduate, Research & Scholarly ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

-Introduction - The Case for a New Policy Framework; K. Aiginger, G. Hutschenreiter. Economic Policy for the 21st Century; J.E. Stiglitz. -1: The Future of Macroeconomic Policy in the European Union. The Future of Macroeconomic Policy in the European Union; C. Allsopp. Economics Policies - Old and New? P. Mooslechner. The Case for Straightening Out Macroeconomic Policy in the European Union; M. Marterbauer. -2: Economic Policy Consequences of Population Ageing. Towards a Positive Equilibrium for Ageing Societies; G. Esping-Andersen. Population Ageing - A Problem not a Crisis; N. Barr. Economic and Social Policy in an Ageing Europe: Employment and Pensions; A. Larsson. The German Pension Reform - A Major Improvement on a PAYG System; G.G. Wagner. Activation as an Option for an Ageing Society; A. Guger. -3: The Potential benefits and Risks of the Enlargement of the Union in Central Europe. Eastern Enlargement: Some Basics; A. Steinherr. Optimal Path into the EMU: Big Bank or Gradualism? J. Fidrmuc. Institutional Aspects of EU Enlargement; András Inotai. Health not Wealth; D. Gros. What Can We learn About Labour Market Adjustment in Candidate Countries from Literature? P. Huber. -4: The Future of Public Finance. International Tax Competition: A New Framework for Analysis; P. Birch Sørensen. An Age of Diminished Taxation? Francesco Daveri. What Future for The EC Budget? E. Kitzmantel. The Development of Tax Structures in the EU Member States; H. Kramer. -5: Competitiveness in the Science-Based Economy. The Public Policy Challenge of the New Economy; P.A. Geroski. Competitivenessin the Science-Based Economy - The Irish Experience; S. Dorgan. Institutions and Innovation in the European Union; S. Micossi. What Do We Know About the New Economy? K. Aiginger. -6: The Scope for Economic Policy Advice. Empirical Economics Research and Economic Policy Advice: Some Remarks; G. Kirchgässner. Economic Policy Consulting: Some Personal Reflections; W. Franz. Political Economy in Economic Policy Advice; H. Kramer.

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