Globalization, Economic Growth and Innovation Dynamics

Globalization, Economic Growth and Innovation Dynamics

by Paul J.J. Welfens, John T. Addison, David B. Audretsch, Thomas Gries
     
 

In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key

Overview

In the new global economy, more countries have opened up to international competition and rapid capital flows. However, in the triad the process of globalization is rather asymmetric. With a rising role of multinational companies there are favorable prospects for higher global growth and economic catching-up, respectively. Theoretical analysis suggests key ingredients of sustained growth, but there is also a new concept of a long-term equilibrium income gap in which convergence is rather unlikely. The analysis also picks up European and US labor market issues in the context of economic globalization and raises the question of which EU policies in the field of labor market reform and of innovation policies are adequate.

Editorial Reviews

From the Publisher
"All in all the book 'Globalization, Economic Growth and Innovation Dynamics' gives an excellent overview about the problems which countries - not only in Europe - have to face in a more and more globalized world." Dr. Indira Gurbaxani, Comptes Rendus

Product Details

ISBN-13:
9783642085154
Publisher:
Springer Berlin Heidelberg
Publication date:
12/15/2010
Edition description:
Softcover reprint of hardcover 1st ed. 1999
Pages:
198
Product dimensions:
6.10(w) x 9.25(h) x 0.24(d)

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