eTextbook: The European Economy since 1945

Book Jacket Image

List Price 1: $30.95

Rent for 6 months *$12.38

* 6 months - expires 10/18/14
You save $18.57

Prices do not include sales tax, which may apply.

List Price 1: $30.95

eTextbook Purchase: $24.76

You save $6.19

Are you a school looking to buy multiple copies of this book?

  • Free Book Promotion

    For a limited time, this book is eligible for free.

    Click here to redeem the Facebook Offer

    Author(s): Eichengreen, Barry

    ISBN 10: 0691138486. See all ISBN's

    ISBN 13: 9780691138480

    Edition:

    Publisher: Princeton University Press

    This is an eTextbook Learn More

    Description:

    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.

    All ISBN's for this title:

    ISBN 10: 0691138486, ISBN 13: 9780691138480, eISBN 10: 1400829542, eISBN 13: 9781400829545

    1. List price can refer to either the digital or print list price, whichever is available to Kno.
  • Cool Product Features

    Kno In Action

    Search

    Journal

    Flashcards

    Kno Me

    Smart Links