The European Community and the United States: Economic Relations / Edition 1

by Nicholas V. Gianaris

Overview

In this timely volume, Nicholas Gianaris examines trade and investment relations and related economic policies as they affect development trends in Europe and the United States. Particular emphasis is placed on the potential effects on the historical ties between the United States and Europe of such developments as the integration of Western Europe in 1992, the rapid opening of Eastern Europe, German reunification, and the potential for stronger economic cooperation in North America. Gianaris examines the impact of these issues on a wide range of economic matters including the relationship between the private and public sectors, the openness of markets, the degree of industrialization, fiscal and monetary policy, business regulation and taxation, joint ventures, and mergers and acquisitions.

Following an introductory overview, Gianaris reviews historical trends in the economic relations between the European Community and the United States, especially the intensive postwar efforts at European integration which followed, to some extent, the successful example of the United States. The next two chapters address the similarities in economic organizations and related fiscal and monetary policies as they affect trade and other financial transactions between the European Community and the United States. Gianaris goes on to examine in more detail trade and investment relations, including such issues as capital flows and currency realignment, as well as the growing phenomena of transatlantic joint ventures and acquisitions. The final chapter assesses relations with the dramatically changing Eastern European countries and the expected results of the unification of Germany. Students and scholars in international trade and finance will find this analysis of current and potential future economic relations between the United States and the European Community enlightening reading.

Product Details

ISBN-13:	9780275934811
Publisher:	Bloomsbury Academic
Publication date:	01/30/1991
Series:	Contributions in Economics and Economic History Series
Pages:	256
Product dimensions:	6.14(w) x 9.21(h) x 0.62(d)
Lexile:	1510L (what's this?)

About the Author

NICHOLAS V. GIANARIS is Professor of Economics and Director of the Business and Information Sciences Program at Fordham University, Lincoln Center in New York City. Dr. Gianaris is the author of The Economics of the Balkan Countries (Praeger, 1982), Greece and Yugoslavia (Praeger, 1984), Greece and Turkey (Praeger, 1988), and Contemporary Public Finance (Praeger, 1989).

Table of Contents

Preface
Overview
The European Community
The United States: Relations with Europe
Economic Organization and Growth: Similarities and Differences
Related Fiscal and Monetary Policies
Trade Relations
Capital Flows and Currency Realignment
Investment and Joint Ventures
Effects of Changes in Eastern Europe
Appendix A: Statistical Correlations of Taxes with Private Consumption, Imports and Inflation
Appendix B: Statistical Correlations of Trade Deficits with Budget Deficits, Gross Domestic Product and Interest Rates
Bibliography
Index

Editorial Reviews

Gianaris examines trade and investment relations and related economic policies as they affect development trends in Europe and the US. Particular emphasis is placed on the potential effects on the historical ties between the US and Europe of such developments as the integration of Western Europe in 1992, the rapid opening of Eastern Europe, German reunification, and the potential for stronger economic cooperation in North America. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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