Table of Contents

Preface — Introduction — Small European States and the Challenge of Globalization — The Geopolitical Setting — The Economic Impact of Central and Eastern European Reforms on Western European Economies — International Monetary Policy and Institutions — The Credibility of Monetary Integration: Implications of European Experience for Monetary Union — Denmark and European Integration — The Reluctant Enthusiast: Finland and the European Union — Institutional Choice in Transition Economies: The Baltic Monetary Reforms — Neocorporatism and Its Alternatives — European Transformation and Institution Building in East and West: The Performance of and Preconditions for Neocorporatism — Can Nordic Social Corporatism Survive? Challenges to the Labor Market — Small Business and Local Economic Regeneration in Hungary: The Collective Works Organization as Institutional Alternative — Conclusion — Strategic Opportunity, Adaptation, and the Life Cycle of Institutions: Lessons for Large and Small States